A country's gross domestic product for a given time period is the total market value of all finished goods and services produced within the country's borders.
What is the gross domestic product?Gross domestic product is the sum of all finshed goods and services that is produced in a country within a given period of time.
One of the ways of determing the value of GDP is the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
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Answer: D.) all finished goods and services produced within the country's borders.
Explanation:
just took it :)
Assume there are no changes in aggregate supply and no change in government policy, a decrease in government spending will likely _____ unemployment and ______ price level.
Answer:
decrease and increase
Explanation:
Thoose are the only 2 that make sense with no word box
Flextrola, Inc. , an electronics systems integrator, is planning to sell its next generation product using components sourced from its supplier. Flextrola will integrate the component with some software and then sell it to consumers. Given the short life cycles of such products and the long lead times quoted by its supplier, Flextrola only has one opportunity to place an order prior to the beginning of its "selling season. " Assume that Flextrola’s demand during the season is normally distributed with a mean of 1000 and a standard deviation of 600. (A normal table is provided at the end of this exam for your convenience. )
Solectrics’ production cost for the component is $52 per unit and it plans to sell the component for $72 per unit to Flextrola. Flextrola incurs essentially no cost associated with the software integration and handling of each unit. Flextrola sells these units to consumers for $121 each. Flextrola can sell unsold inventory at the end of the season in a secondary electronics market for $50 each. The existing contract specifies that once Flextrola places the order, no changes are allowed to it. Also, Solectrics does not accept any returns of unsold inventory, so Flextrola must dispose of excess inventory in the secondary market.
Required:
a. What is the probability that Flextrola’s demand will be within 25 percent of its forecast?
b. What is the probability that Flextrola’s demand will be more than 40 percent greater than its forecast?
c. Under this contract, how many units should Flextrola order to maximize its expected profit?
d. What are Flextrola’s expected sales?
e. How many units of inventory can Flextrola expect to sell in the secondary electronics market?
With a mean of 1000 and a standard deviation of 600, the probability that the demand is going to be withing 25 percent of its forecast is 0.3230.
a. Mean = 1000
sd = 600
p(1000x 1-25%) - p(1000x 1+25%)
using the z test
d-μ/σ
[tex]p(z < \frac{1250-1000}{600} )-p(z < \frac{-1000}{600} )\\\\(z < 0.4167)-(z < -0.4167)[/tex]
find values using excel sheet formula
NORMSDIST(0.4167) - NORMSDIST(-0.4167)
=m0.6615 - 0.3385
= 0.3230
b. The probability that the forecast would be more than 40 percent1000x 1+40%
= p(D>1400)
= 1- NormDist(0.667)
= 0.225
c. Cu = 121-72 = 49
Co = 72.50 = 22
The critical ratio calculation
49/22 +49 = 0.6901
Normsinv(0.6901) = 0.496
1000+0.496x600
= 1297
The units that Flextrola has to order is 1297.
d. The expected sales of Flextrola1200-1000/600
= 0.3333
loss function from z = 0.333 is 0.254
600x0.254 = 152. 4
1000-152.4 = 847.6
the expected sales are 847.6
e 1200- 847.6
= 352. 4
The units of inventory that can be sold is 352.4
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The difference between accounting profit and economic profit is.
Answer:
Accounting profit - Your actual profit
Economic profit - Profit, but opportunity cost factored out
Explanation:
Accounting profit is how much you made (Revenue - Explicit Cost.
Economic profit includes implicit costs, or opportunity cost. If you could have made $100,000 at a different job, you subtract that. If Accounting-Economic profit is 0 or higher, you should stay in business.
how can asking for help with your work be an advantage
It will be an advantage if you answer your questions again after getting help.But without looking at the answers you got from friends and compare it later to see if your answers were alike or not.
If the government levies a $500 tax per car on sellers of cars, then the price received by sellers of cars would:.
What is the relationship between interest rate, aggregate income, and price level?.
A decrease in income will lead to a decrease in price level and a decrease in the interest rate.
What is the relationship between these variables?When income declines, there would a decrease in demand and this would lead to a decline in price levels. When price levels fall, interest rate also decline. Thus, there is a positive relationship between these variables.
What is the term for media for broad popular audiences—including newspapers, radio, and television?.
Answer:
Mass media
Example
Mass media is actually the primary means of communication for the general public to communicate with each other as well as on a grander level. The most popular types of mass media include Newspapers, Radio, Television, Internet, Magazines.
According to the video, what are some decisions that Architects make? Select four options.
how much money a building will be worth when finished
what traffic patterns people will follow
how people will feel when they enter or leave a building
how many laborers are needed for a project
where to put doors, walls, and windows
what building materials to use
which people will be allowed to enter a building
The decisions that Architects make include:
how much money a building will be worth when finished.how people will feel when they enter or leave a building.where to put doors, walls, and windows.what building materials to use.Who is an architect?It should be noted that an architect simply means an individual who plans, designs and also oversees the construction of a building.
In this case, some of the decisions that Architects make include how much money a building will be worth when finished, how people will feel when they enter or leave a building, etc.
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Answer:
above answer is wrong
Explanation:
Which section of a budget would the monthly electric bill best belong in?
A. Housing and utilities
B. Meals and entertainment
C. Groceries and supplies
D. Transportation
Answer:
A. Housing and utilities.
Explanation:
It would be part of your house and it's a utility that come with an apartment so it's part of rent.
Hope This Helps!
- Justin:)
The United Nations (UN) has many goals. Which statement below is one of its goals?
Question 2 options:
to provide tax cuts to the ultra wealthy throughout the world
to promote anti-vaccination campaigns
to end extreme poverty
to stay out of assisting in national elections, leaving the issue of voting to each individual nation or country
Answer:
to promote anti- vaccination campaigns
Technology has made our life easier. Justify the statement.
A low-cost, no-frills grocery store chain that began in the United States decided to open similar stores in Germany which did not have any stores like this. What type of FDI is this company using
A greenfield investment is the type of Foreign direct investment used by the grocery store chain that began in the United States but decided to open similar stores in Germany.
What is a greenfield investment?A greenfield investment means a foreign portfolio whereby company merely buys the stocks or bonds of an existing company.
Thus, the greenfield investment is the type of Foreign direct investment used by the grocery store chain.
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Choose all the characteristics of an effective leader.
✓ Welcome feedback
Take team credit
Micromanage
Have emotional intelligence
O Work to resolve conflict
Coach employees
Foster unhealthy competition
Answer:
likes competitions, puts in the work, team player
Welcome feedback, have emotional intelligence, work to resolve conflict, and coach employees are characteristics of an effective leader. Therefore, options A, D, E, and F are correct .
An effective leader is an individual who possesses the skills, qualities, and attributes necessary to inspire, guide, and motivate a team towards achieving common goals and objectives.
They demonstrate strong communication skills, actively listen to their team members, and value their input. Effective leaders exhibit emotional intelligence, understanding and managing their own emotions as well as those of others.
They foster a positive work environment, promote collaboration, and work to resolve conflicts constructively. Additionally, they provide guidance and support to their team members, offering coaching and development opportunities to help individuals reach their full potential and contribute to the overall success of the organization.
Therefore, options A, D, E, and F are correct .
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Amounts received in advance from customers for future products or services are typically recorded in a liability account called _______.
Answer:Unearned Revenues
Explanation:Unearned revenues, or deferred revenues, are amounts received in advance from customers for future products or services. Also arise with airline tickets sales, magazine subscriptions, construction projects, hotel reservations, gift cards sales, and custom orders.
The crunchy granola company is a diversified food company that specializes in all natural foods. the company has three operating divisions organized as investment centers. condensed data taken from the records of the three divisions for the year ended june 30, 20y7, are as follows: cerealdivision snack cakedivision retailbakeries divisionsales $25,000,000 $8,000,000 $9,750,000 cost of goods sold 16,670,000 5,575,000 6,795,000 operating expenses 7,330,000 1,945,000 2,272,500 invested assets 10,000,000 4,000,000 6,500,000 the management of the crunchy granola company is evaluating each division as a basis for planning a future expansion of operations.required:question content area1. prepare condensed divisional income statements for the three divisions, assuming that there were no support department allocations.2. using the dupont formula for return on investment, compute the profit margin, investment turnover, and return on investment for each division. if required, round your answers to one decimal place.3. when faced with limited funds for expansion, management should consider an expansion of the division first.
Based on the given entries, the condensed divisional income statements are:
Cereal Division Snack Cake Retail Bakeries
Sales 25,000,000 8,000,000 9,750,000
Cost of Goods (16,670,000) (5,575,000) (6,795,000)
Sold
Gross Profit 8,330,000 2,425,000 2,955,000
Operating Expenses (7,330,000) (1,945,000) (2,272,500)
Operating income (1,000,000) (480,000) (682,500)
The profit margins, Investment turnover, and ROI.
Cereal Division Snack Cake Retail Bakeries
Profit Margin 4 6 7
Investment Turnover 2.5 2 12
ROI 7 1.5 10.5
The management should go with Snack Cake as it has the highest Profit Margin.
What are the matrics and ratios for Crunchy Granola Company?The condensed income statements will show all the divisions and their operating incomes in one statement as shown above.
The profit margin can be found as:
= Operating income / Sales x 100
The Return on Investment (ROI) is:
= Operating income / Invested assets x 100
Investment turnover can be found as:
= Sales / Invested assets x 100
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Choose a company you frequently buy from.
For example: Nike, McDonald's, Wawa
Now, identify that company's target market and marketing mix.
Coca Cola follows a price discrimination strategy in its marketing mix and the target market is younger customers within the age bracket of 10-25.
What is Marketing mix?These are set of marketing tools that the firm uses to pursue its marketing objectives in the target market.
Coca Cola follows a price discrimination strategy in its marketing mix means that they charge different prices for their products and its target market are young customers.
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The accounts receivable turnover ratio is calculated by:.
Answer:
It is calculated by dividing net credit sales by average accounts receivable
Explanation:
In a competitive market, no single producer can influence the market price because.
Explanation:
many other sellers are offering a product that is essentially identical consumers have more influence over the market price than producers do.
Which of the following technology tools is capable of recording the number of outgoing calls placed on a telephone?
A) total trap
B) pen register
C) trap and trace
D) pen trace
Answer:
I think it's a pen register
Explanation:
Hope this helps:)...if not then sorry for wasting your time and may God bless you:)
Variable costing prepares the income statement using the traditional format. Question content area bottom Part 1 True False
It is a false statement that variable costing prepares the income statement using the traditional format because it is for allocation of production costs.
What is variable costing?Variable costing refers to an accounting method that is used to allocate production costs to product being produced.
This method of costing allocates all variable-manufacturing costs to the product during the period.
Furthermore, a variable costing assigns only variable costs to the products.
In conclusion, it is a false statement that variable costing prepares the income statement using the traditional format because it is for allocation of production costs.
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3.) What are some key things to look for when setting up an IRA?
Here is your Answer:-
You have the freedom to choose the type of IRA that is appropriate for you and to choose your own provider when you set it up on your own. You can add the “auto funding” feature to your IRA after you’ve set up the account. Step 1:- Choose the IRA That’s Best for You. Traditional and Roth IRAs are the most popular of the many forms of IRAs.
Some economists argue that the american medical association and the american bar association create an effect on labor markets similar to that of a labor union. Do you agree?
Both American medical and American bar association create labor markets this is because the two associations both employ individual that are qualified for their fields restricting entries on unqualified candidate.
What is labour market?Labour market is a platform for labour demand and supply such that he employees provide all there service demanded of them and the employer supplies all that the employee demands.
The two associations both provides employee that are qualified for their fields and medical and
demand and supply of labour are both regulated.
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If the steady-state rate of unemployment equals 0. 125, the rate of job findings is 0. 56, then the fraction of employed workers who lose their jobs each month must be
Answer:
Explanation:
125, the rate of job findings is 0. 56, then the fraction of employed workers who lose their jobs each month must be.
The fraction of the employed workers who lost jobs at the end of each month should be 0.08
What is unemployment rate?The unemployment is the situation in the working environment which shows the number of educated candidates who are still ideal and does not possess any job.
Computation:
[tex]\begin{aligned}\text{Rate}&=\dfrac{\text{f}\times\text{Um}}{( 1-\text{Um})}\\\\& = \dfrac{0.125\times( 0.56)}{( 1- 0.125 )} \\\\& = 0.08\end{aligned}[/tex]
were,
f is rate of job finding
Um is the unemployment rate
Therefore, the rate of job separation is 0.08
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Which members of OPEC would be the most likely to favor high oil prices now because of their small percentage of the world proven oil reserves
The members of OPEC that would be in favor of high prices due to the small oil reserves that they have would be the countries in Africa
EcuadorAngolaTunisiaGabonWhat is OPEC?This is an organization of the petroleum producing countries of the world.
Due to a rise in the oil prices now, these nations would most likely be favored in the sales of their products
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Which statement(s) most directly apply to capitalism? I. There is heavy government regulation of industry. II. Individuals can start some, but not all, kinds of enterprises. III. The price and availability of goods is determined primarily by the market. A. I and II b. II only c. I and III d. III only.
Capitalism refers to private ownership of trade and industries and price of good and services determine by the market.
What do you mean by capitalism?It is the countries economic and political system where trade, industries and capital goods are owned and controlled by private individuals for profit rather than the government.
The statement that the price and goods availability is determined primarily by the market explains the capitalism.
Therefore, option d aptly describes capitalism.
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Hollaway Manufacturing is considering using stocks of an old raw material in a special project. The special project would require all 180 kilograms of the raw material that are in stock and that originally cost the company $2,406 in total. If the company were to buy new supplies of this raw material on the open market, it would cost $7 per kilogram. However, the company has no other use for this raw material and would sell it at the discounted price of $6. 35 per kilogram if it were not used in the special project. The sale of the raw material would involve delivery to the purchaser at a total cost of $68 for all 180 kilograms. What is the relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project
Assuming the delivery cost is $68. The relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project is $1,075.
Relevant costUsing this formula
Relevant cost=(Raw material×Discounted price)-Delivery cost
Where:
Raw material=180 kilograms
Discounted price=$6.35
Delivery cost=$68
Let plug in the formula
Relevant cost=(180 kilogram×$6.35)-$68
Relevant cost=$1,143-$68
Relevant cost=$1,075
Inconclusion the relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project is $1,075.
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Shaun oversees the marketing and sales activities for a company that sells products through its website. his job title is best described as . nadine analyzes ways to improve the number of viewers and time they spend on a website by promoting the site and updating its text and graphics to improve its search rankings. her job title is best described as .
The answer for the first one is Online Merchant
And the answer for the second one is Search Marketing Strategist
You're Welcome
PS: I'm not sure if it's too late, but hopefully I helped you.
Answer:
The other person is correct.
Explanation:
When PepsiCo purchased Frito-Lay and expanded its operations into the snack-food business, it was pursuing a ________ strategy.
PepsiCo was pursuing a diversification strategy when he purchased Frito-Lay and expanded its operations into the snack-food business.
What is diversification?Diversification method is used by investors to minimize the risks associated with one single class of assets investment over a long period of time.
Diversification is an investment strategy that mixes a wide variety of investments from different categories within a portfolio.
Hence, PepsiCo was pursuing a diversification strategy when he purchased Frito-Lay and expanded its operations into the snack-food business.
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When a tax is placed on a product, it’s_________increases, so it’s_________ may decrease. People react to the higher prices by buying _______.
Answer:
The answer is product, sales, similar products.
Explanation:
Hope This Helps.
A grouping of technologies that marketers leverage to conduct and improve their marketing activities"" is the definition of what term?.
A grouping of technologies that marketers leverage to conduct and improve their marketing activities"" is the definition of: marketing technology stack.
What is marketing technology stack?Marketing technology stack can be defined as the process of measuring and evaluating market activities in order to improve it.
Marketing technology stack is important for companies or organizations as it help to provide market automation they will help them acheive their set goals and objective.
Inconclusion marketing activities"" is the definition of: marketing technology stack.
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