A library has a bookshelf to store books on that is 55 meters long. A children's book will take up 55 centimeters, and a dictionary will take up 1010 centimeters.
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A library has a bookshelf to store books on that is 55 meters long. A children's book will take up 55 centimeters, and a dictionary will take up 1010 centimeters.
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- Solve the followingABC Computer Company has a $20,000,000 factory in Silicon Valley. During the current year ABC builds $2,000,000 worth of computer components. ABC's costs are labor, $1,000,000; interest on debt, $100,000; and taxes, $200,000. ABC sells all its output to XYZ Supercomputer. Using ABCs components, XYZ builds 4 super computers at a cost of $800,000 each ($500,000 worth of components, $200,000 in labor costs, and $100,000 in taxes per computer.) XYZ has a $30,000,000 factory. XYZ sells three of the supercomputers for $1,000,000 each. At year's end, it had not sold the fourth. The unsold computer is carried on XYZ's books as an $800,000 increase in inventory. Calculate GDP using the expenditure method, the product method and the income method, showing that all three approaches give the same answer.Which of the following describes an increase in technological knowledge? A farmer discovers that it is better to plant in the spring rather than in the fall. A farmer sends his child to agricultural college and the child returns to work on the farm. A farmer hires another day laborer. A farmer buys a tractor.
- Spencer manages a store that sells speakers. Each Master Blaster takes 36 hours to create the plastic pieces, 17 hours to create the electronics, and 33 hours of labor to assemble the final product. Each Jammer requires 12 hours to create the plastic pieces, 34 hours to create the electronics, and 39 hours of labor to assemble the final product. The factory has 3060 hours to create the plastic pieces, 2924 hours to create the electronics, and 3813 hours of labor to assemble the final product each week. If each Master Blaster generates $3 in revenue, and each Jammer generates $11, how many of each of the speakers should Spencer have the store sell each week to make the most revenue?Master Blaster: Jammer: Best revenue:What are the economic effects of a new technology that makes it easier for firms to produce goods and services? AsapCompare the assembly line in China to that in San Francisco along the following dimensions : ( 1 ) volume or rate of production , ( 2 ) required skill of the workers , ( 3 ) level of automation , and ( 4 ) amount of raw materials and finished goods inventory
- A change from E 1 to E 2 is most likely to result from: A decrease in consumer incomes An increase in the wages of chicken workers An increase in the price of beef products Improved technology in the chicken industryDonny, of Donny's Doughnuts, bakes and sells 100 dozen doughnuts a day using one mixer and one fryer. His rival, Sunshine, of Sunshine's Doughnuts, produces 180 dozen doughnuts a day using two mixers and two fryers. Both shops use the exact same technology to make doughnuts and have the same number of workers and the same size building. Donny and Sunshine both increase their capital equipment by one mixer and one fryer. Which shop will benefit the most from its expansion? a. Sunshine, because her operation was producing more doughnuts to start with. b. Donny, because his workers currently have less available capital to work with. c. The local weight‑loss clinic, because the number of doughnuts consumed will increase. d. The shops will benefit equally because they are using the same quantity of equipment. How much should Donny realistically expect his production to increase with the new equipment? a. about 50 dozen b. at least 100 dozen c. about 80 dozen How…you have been working as a manager of a fashion store. You saved 50,000 and you decided to use the money to start your own business, You decided to use the money you saved to buy materials, you als decided to utilize a store you own to home your business. The store you used for your business could have been rented for 8,000 a year. You hired a clerk to help you in the store that will cost you 20,000 per year. The interest you could have earned on the 50,000 you used to buy the materials was 3,000 per year. Futhermore, you decided to manage your own business and you decided to quit your job that was paying 28,000 per year . You paid 8,000 for utility. What is yor explicit cost? Assume that your total sale for the year was 160,000. What is your implicit cost, what is the accounting profit? what is your economic profit?
