Business
Business, 16.03.2020 22:34, emmagbales

Over a given year, a peanut farm pays its workers a total of $250,000 to harvest 1,000,000 lbs of peanuts. The peanuts are then sold to peanut butter manufacturer for $350,000. The peanut butter manufacturer pays its workers $100,000 to make peanut butter, which it subsequently sells directly to consumers for $1.1 million.

(a) What is the contribution of this activity to GDP when measured by the value of final goods?
(b) What is contribution of this activity to GDP when measured with the value-added approach?
(c) What is the contribution of this activity to GDP using the income approach?

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 15:00, nando3024
Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)
Answers: 2
image
Business, 22.06.2019 16:10, donbright100
Answer the following questions using the banker’s algorithm: a. illustrate that the system is in a safe state by demonstrating an order in which the processes may complete. b. if a request from process p1 arrives for (1, 1, 0, 0), can the request be granted immediately? c. if a request from process p
Answers: 1
image
Business, 22.06.2019 23:00, kavron2322
Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.
Answers: 2
image
Business, 23.06.2019 00:00, rozalee14
Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business. true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.
Answers: 1
Do you know the correct answer?
Over a given year, a peanut farm pays its workers a total of $250,000 to harvest 1,000,000 lbs of pe...

Questions in other subjects:

Konu
History, 23.10.2020 22:10
Konu
Mathematics, 23.10.2020 22:10
Konu
French, 23.10.2020 22:10