subject
Business, 07.10.2019 21:30 20eppsj

Asimple economy produces two goods,
apple pies
and
technical manuals.
price and quantity data are as follows:
production and prices in year 1 (base year)
product
quantity
price per unit
apple piesapple pies
100
$3.00
technical manualstechnical manuals
550
$45.00
production and prices in year 2
product
quantity
price per unit
apple piesapple pies
125.00
$4.50
technical manuals
825.00
$90.00
in year 2, nominal gdp is equal to:
$,
and real gdp is

$

(enter both responses rounded to the nearest penny).

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:00
Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.
Answers: 1
question
Business, 22.06.2019 05:00
Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.
Answers: 3
question
Business, 22.06.2019 19:30
Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center
Answers: 2
question
Business, 22.06.2019 21:10
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
You know the right answer?
Asimple economy produces two goods,
apple pies
and
technical manuals.
price...
Questions
question
Mathematics, 10.12.2020 01:30
question
Mathematics, 10.12.2020 01:30
question
Mathematics, 10.12.2020 01:30
question
Mathematics, 10.12.2020 01:30
question
Mathematics, 10.12.2020 01:30
question
Mathematics, 10.12.2020 01:30
question
Chemistry, 10.12.2020 01:30
Questions on the website: 13722363