A firms average fixed cost is $10 and it’s average variable cost is $80. It’s total cost is $3960. What is its output?

John f. kennedy believed that a leader should be elected successful a lifelong student in the military

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.