3. Calculate and Explain, how much the action described has added to GDP: A company sells...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
3. Calculate and Explain, how much the action described has added to GDP: A company sells 50 computers at a retail price of $1000 apiece and 100 software packages at a retail price of $50 apiece to consumers. The same company sells 25 computers at $800 and 50 software packages at $30 apiece to wholesalers. The wholesalers then sell the 25 computers at $1 250 apiece and the 50 software packages at $75 apiece? 3. Calculate and Explain, how much the action described has added to GDP: A company sells 50 computers at a retail price of $1000 apiece and 100 software packages at a retail price of $50 apiece to consumers. The same company sells 25 computers at $800 and 50 software packages at $30 apiece to wholesalers. The wholesalers then sell the 25 computers at $1 250 apiece and the 50 software packages at $75 apiece?
Expert Answer:
Answer rating: 100% (QA)
Certainly This question is asking us to calculate the total gross domestic product GDP contribution from a series of transactions involving computers ... View the full answer
Related Book For
Concepts In Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
Posted Date:
Students also viewed these economics questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
A simple beam AB of span length L = 24ft is subjected to two wheel loads acting at distance = 5 ft apart (see figure). Each wheel transmits a load P = 3.0 k, and the carriage may occupy any position...
-
The great, gray-green, greasy Zambezi River flows over Victoria Falls in south central Africa. The falls are approximately 108 m high. If the river is flowing horizontally at 3.60 m/s just before...
-
For Klein Industries (Problem 13.49), formulate and solve a linear optimization model using the auxiliary variable cells method and write a short memo to the production manager explaining the...
-
In the spring of 1999, Source Associates, Inc. (Source), and Conrad A. Mamajek, Inc. (CAM), entered into a joint venture to act as a middleman for the sale of polymers manufactured by Mitsui...
-
Daniel Manufacturing Company uses two departments to make its products. Department I is a cutting department that is machine intensive and uses very few employees. Machines cut and form parts and...
-
20. a) Choose an algebraic method to solve the following linear system. Explain why you chose this method. 2 3x 2 2y 3 7 3 + 2y = 5 b) Use the method you chose to solve the system. Check your...
-
Consider the three-variable linear programming problem shown in Fig. 5.2. (a) Construct a table like Table 5.4, giving the indicating variable for each constraint boundary equation and original...
-
"What pivotal roles does the bacterial capsule serve within microbial ecosystems, and how does its functionality contribute to bacterial survival, pathogenicity, and environmental adaptation?"
-
During 2021, Maria Gonzalez accepted a transfer from her current job with Acme Inc. in Charlottetown, Prince Edward Island (PEI) to a new position at Acme Inc.'s offices in Toronto. Maria and her...
-
1. What are the downsides and upsides (pros and cons) of ethnocentrism? 2. What happens if more people become ethnocentric in a society? Is it good or bad for society? Explain.
-
Explain what is the situation analysis is fiba women's basketball world up 2022.
-
A particle with a mass of 2.9 10-20 kg is oscillating with simple harmonic motion with a period of 3.5 10-5 s and a maximum speed of 1.4 x 10 m/s. Calculate (a) the angular frequency and (b) the...
-
A bullet of mass m=0.8 kg having an initial speed of V1A=20 m/s strikes a block of mass m=2 kg suspended from some light wires. The bullet embeds in the block and they start moving together with an...
-
Write short notes on: i) Principles of Project Method. ii) Primary and Secondary Sources. iii) Components in Lesson Plan.
-
Which internal control principle is especially diffi cult for small organizations to implement? Why?
-
Most sales of securities at a loss result in capital losses. Under what circumstances would a loss on the sale of a security be treated as an ordinary loss? Explain the rationale for allowing this...
-
Tony and Susan are starting a retail business selling formal wear for men and women. They estimate profits and losses for the next five years to be: ($20,000), ($10,000), ($5,000), $10,000, and...
-
Use the RIA Checkpoint database to answer the following questions. Cut and paste the relevant Internal Revenue Code and Treasury Regulation section(s) into your solution and explain how the authority...
-
Based on the historical returns in Exhibit 19.2, calculate the expected return and standard deviation of return in dollars to an equal-weighted portfolio of U.S., U.K., and Japanese stocks. Calculate...
-
The MSCI world stock market index in Exhibit 19.2 had a mean annual return of 6.6 percent and a standard deviation of 29.9 percent. Meanwhile, dollar returns to 10-year U.S. treasuries had a mean...
-
Suppose expected returns in the United States and Germany are 10 percent and 20 percent, respectively. Standard deviations are also 10 percent and 20 percent, respectively. Calculate the standard...
Study smarter with the SolutionInn App