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Lynna [10]
2 years ago
15

Wholesome Wheat Bakery buys $10.00 worth of flour from Mikes’ Mill and uses the flour to make bread. Wholesome Wheat sells the b

read to the public for $22.00. Taking these two transactions into account, what is the effect on GDP?
a. GDP increases by $10.00.

b. GDP increases by $12.00.

c. GDP increases by $22.00.

d. GDP increases by $32.00.
Business
1 answer:
MakcuM [25]2 years ago
8 0

Answer:

c. GDP increases by $22.00.

Explanation:

The GDP is the sum of all final goods and services produced in an economy within a given period.

GDP = Consumption spending + Investment + Government Spending + Net Export

Only final goods and services are included in the calculation of GDP.

The wheat purchased by Wholesome Wheat Bakery is an intermediate good whuch is still used in the production of bread. Therefore, it isn't included in the calculation of GDP.

Bread is a final good and it's included in the GDP. Therefore, GDP increases by $22.

I hope my answer helps you.

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Theo Chocolate's early strategy to have a competitive advantage over other chocolate manufacturers involved: a.manufacturing mai
iVinArrow [24]

Answer:

Offering products that most customers would find exciting and would want to try

Explanation:

Gaining a competitive advantage is key to the survival of a manufacturer in a competitive market , In order to achieve this , a manufacturer has to come up with strategies to beat the competing producers in the market.

If Theo Chocolate can offer products that most customers would find exciting compared to the existing  conventional products in the market , this will attract customers as they like out trying new products and stick to it as long as the quality remains good. However , Theo will need to constantly improve on this maintain market dominance.

8 0
2 years ago
Shawna would like to explore a career that would allow her to work outdoors with natural resources. Which two careers would be t
Anni [7]

Answer:

The only two jobs that deal with natural resources are:

  1. oil rig driller
  2. wind turbine engineer

Oil rig drillers work in the ocean completely surrounded by water, or maybe other oil rigs but they are never too close.

Wind turbine engineers work on open spaces, surrounded by very few things other than wind turbines. Wind turbines are HUGE and they are usually located on very isolated places.

5 0
2 years ago
Tangshan mining has 100,000 shares outstanding and just declared a 3-for-2 stock split. before the announcement, the firm's shar
Kazeer [188]
I<span>n this problem, the market net worth of the stocks of Tangshan mining is $5,000,000 (100,000 shares x $50.00 per share). The stock split would not affect the price of the stock. This transaction would only affect the number of shares of the company. Since this is a 3-for-2 stock split, this is clearly a split </span>up.<span> Therefore, this transaction would increase the number of shares while reducing its price per share. The shares would become 150,000 shares now ({100,000 shares/2} x 3). To get the current price of the share, you just need to divide $5,000,000 by the new number of shares which </span>is<span> 150,000 shares. You would then get $33.33 per share.</span>
4 0
2 years ago
After Hayworth Publishers realized that it was incurring losses, it set new objectives. These objectives were to increase revenu
ella [17]

Answer:

PLANNING

Explanation:

Planning is the management function and process of thinking about the activities required to achieve a desired goal.

It is the first and foremost activity to achieve desired organizational results.

It involves the creation and maintenance of a plan, such that if the plan is followed, organizations can achieve their goals

Planning is also a management process, concerned with goal definition for a company's future direction and determines the resources to achieve such goals. To achieve goals, managers may develop plans, such as a business plan, sales plan or a marketing plan

6 0
2 years ago
Kate is the sales representative for a major textbook publisher. When she calls on the business faculty at General University, s
liq [111]

Answer: Users.

Explanation:

There are 7 positions in the Buyer Decision Process which includes the Initiators, the buyers, decision makers, influencers, Users and Gatekeepers.

The Users are the finally people who actually use the product and their opinion matters. They are usually consulted on how to make a product better in the post-evaluation process.

Kate as a sales representative arranged to meet students and got their feedback on textbooks with the aim of using their feedback to make their textbooks better. This would signify that the students play a USER role in the buying centre and their opinion is being used to learn to make a product better. Also, the company sells textbooks and textbooks are usually for students.

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