2013 2017 2018
product quantity price quantity price quantity price
mp3s 40 $250.00 45 $200.00 50 $150.00
tacos 2,000 2.00 2,200 2.25 2,300 2.40
coats 300 50.00 310 52.00 350 55.00

4) refer to table 8-21. consider the data above for a simple economy: using 2013 as the base year, calculate nominal gdp, real gdp, and the gdp deflator for 2018. show your work.

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is