Factor in gdp calculations
Clearly identify at least three such factors that in your view should be included in the GDP calculations. Explain and illustrate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
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You have a choice of opening yor own business or being employed by someone else in a similar type of business. List 4 consideration in terms of opportunity costs that you would have to consider before arriving at your decision? Briefly discuss
Breakeven point using the contribution margin approach is calculated by:
Average operating assets are $110,000 and net operating income is $23,100. The company invests $25,000 in new assets for a project that will increase net operating income by $4,750. What is the return on investment (ROI) of the new project?
The concepts of accounting costs, economic costs, explicit costs, implicit costs, opportunity costs and sunk costs to explain why it is neither priceless nor free.
Marcus and Frank form Tiger Corporation. Marcus transfers property (basis of $175,000 and fair market value of $100,000), and Frank transfers land (basis of $50,000 and fair market value of $90,000) and $10,000 in cash. Each receives 50% of Tiger
Suppose that butchers and bakers had no unions. Now suppose the butchers form a union. What does this do the labor supply of and wages of bakers?
On October 29, 2010, Lue Co. began operations by purchasing razors for resale. Lue uses the perpetual inventory method. The razors have a 90-day warranty that requires the company to replace any nonworking razor.
The cost of entering the market (regardless of which market you select) is $250,000, should you enter one of the European markets? If so, which one? If you enter, what is your expected profit?
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