4. Below are some data about the land of milk and honey!!! Year
Price of Quantity of
Milk Milk

$1 100
$1 200
Price of
Honey
$2
$2
Quantity of
Honey
50
100
2010
2011
a Compute GDP for 2010
and 2011
b. Compute the percentage change in GDP from 2010 to 2011
c. Did economic well-being rise or decrease from 2010 to 2011? Explain

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is