GDP is a good measure of economic well-being because people prefer higher to lower incomes. But it isnot a perfect measure of well-being. For example, GDP excludes the value of leisure and the value of a clean environment.Questions for Review:1.)Explain why an economy’s income must equal its expenditure.2.)Which contributes more to GDP—the production of an […]
University surchargeUtilitiesWildcat Lair costs:FixedVariablePurchases of prepared food $23,892Serving personnel$28,408 Cashier6,000 Administration10,860 University surcharge7,240Utilities1,800 Totals$47,068 $31,132Variable cost = $31,132 ÷ $72,400= 0.43= 43%Combining fixed and variable costs, the cost function is:Cost Formula: Total Cost = $47,068+ 43%× Total RevenueTotal Revenue is the most likely cost driver for both variable costs. Food costs are likely to vary […]
D.A hockey puck slides along a rough concrete surface.E.A cockroach is speeding up from rest.F.A rock is thrown horizontally; air resistance is negligible.G.A rock is thrown horizontally; air resistance is substantial.H.A rock is dropped vertically; air resistance is negligible.I.A rock is dropped vertically; air resistance is substantial.J.Part HWhich of these situations describe the motion shown […]
Book 1 – Water1. Game MechanicsHere are my notes on all the mechanics of the game, sorted by location. If you’re like me then you probably had a lot of questions about the game like if the mystery night girl visits have any purpose, if there was anything special or hidden at the marketplace alley […]
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