. Suppose that a farmer grows wheat, which she sells to a miller for $10. The miller turns the wheat into flour, which she sells to a baker for $55. The baker turns the wheat into bread, which she sells to consumers for $140. Consumers eat the bread. What is GDP in this economy

Answers

Answer 1

Based on the various amounts that the bread was sold for to different people, the GDP in the country is $140

The GDP in a country refers to the final value of goods and services produced in the country and not the intermediate value.

This is done to avoid the phenomenon known as double counting which can inflate GDP.

The GDP here is therefore the final price of the bread which is $140.

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Related Questions

How is Adam Smith both praiseworthy and suspicious of businessmen's ability to serve the public good

Answers

Answer: Smith does not exactly praise the abilities of businessmen to foster the public good; he just thinks that, given the ability to make their own decisions, these men will make rational ones that make economic sense.

Explanation: Yes

__ analysis is based on the concept that the longer you have to wait to receive money, the less valuable it is right now.

Answers

The analysis which is based on the concept that the longer you have to wait to receive money, the less valuable it is right now is known as:

Discounted cash flow

Based on the given question, we can see that the discounted cash flow has to do with the analysis which is based on the concept that the longer at which a person has to wait to receive money, then the less valuable the money is at the moment.

This is because, this concept is used to make valuations about how much value an investment is worth and how the current value of the investment is and the future projections.

Therefore, the correct answer is discounted cash flow

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Okie help help buissness help help

Answers

Answer:

B

Explanation:

LRAS can do both

Consider a favorite product or service of yours. What is it you value, and
what matters most? Can you develop clear requirements from this? And
Categorize your requirements revealed through the value you perceive into
‘Basic Quality’, ‘Spoken Performance’, and ‘Excitement Quality’ features,
2-2) And Taking your example from questions 1 put yourself in the place of
the supplier; how might you access customer requirements such as the
ones you noted?

Answers

Based on the information given, a favorite product of mine will be a mobile phone and it provides me with several values such as communication, taking pictures, etc.

The values that can be gotten from mobile phones will be communication, managing professional meetings, and emails, making purchases on online stores, capturing photos and videos.

Also, the most important feature of the mobile phone that I like is the camera and its connectivity.  The requirements that I like in a mobile phone include camera features, clarity of calls, and ease of access.

In conclusion, as a supplier, I will create a feedback mechanism in order to get information from consumers regarding the products.

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Bonnie is going to purchase a billboard to promote her new restaurant. She needs to calculate her gross rating points. What two factors does she need to know

Answers

Given what we know, in order for Bonnie to calculate her "Gross Rating Points" or GPRs, she will need to know how much of the population her ad will reach and how often they will view it.

What are gross rating points?Gross rating points are a system used to measure the effectiveness of ads. In most cases, they are used in a predictive sense to measure how effective an ad may be, then used to measure how effective they were, and offer a before and after comparison.

What factors are used to calculate GPRs?In order to calculate the gross rating points, we need to know two factors. The first is the number of people or percentage of the target market, that is reached by the ad.The second is the frequency by which these individuals will view the ad.

Therefore, we can confirm that to calculate her GPRs for the billboard ad she wishes to purchase, bonnie will need to know how many people see the billboard each day, and how many times they do so.

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compensation Policy issues , include a company's policies concerning all the following except Select one
a Setting the salary and promotion strategy
b . The minimum salary they are legally obliged to pay
c The of paid and unpaid leaves as well as holidays
d Defining the probationary pay versus the final employment pay
e Deciding on the Payment for overtime hours.​

Answers

It should be noted that compensation policy issues refer to all the company's policies given except E. Deciding on the Payment for overtime hours.​

A compensation policy simply means the principle of action that is proposed by a company or organization in regard to the salary, benefits, and bonuses of the employee.

It includes setting the salary and promotion strategy, the minimum salary they are legally obliged to pay, etc. It doesn't have to do with deciding on the payment for overtime hours.​

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During the 'Value Articulation' cycle, you are asked to identify whether the solution can be productized for leverage in
future engagements. What would you need to ensure?

Answers

To leverage the productization of solutions identified during the "Value Articulation" cycle, you need to ensure that the solutions gained from the session develop into marketable products.

In all value articulation, the most important factors to consider are as follows:

1. Will the product meet the challenges or desires of potential customers?

2. What are the changes the product will create for the customer?

3. What is the value-added for my organization?

Thus, you must ensure that as the solutions develop into marketable products, they must generate sufficient revenue growth and profitability for the organization.

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Based on the information, it's important to ensure that the solutions gained from the session will enhance the revenue of the company.

Value articulation simply means a framework that's vital in assimilating intellectual property activities within the practices of marketing.

Based on the information given, since the person is asked to identify whether the solution can be productized for leverage in future engagements, it's important to ensure that the solutions gained from the session will enhance the revenue of the company.

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Two groups have different uses for a local field. A bird watching society enjoys studying the ground-nesting swallows that visit each summer. A mountain bike camp prefers to use the field to build jumps and hold other events and receives a benefit of $1,000 from using the field. When it does, the activities scare away the birds and the bird-watching society faces a wealth reduction of $700. What is the optimal use of the field during the summers

Answers

The optimal use of the field during summer season is to provide the field to the bird watching society.

The optimal use of the field during summer season is to avoid the mountain bike camp and allow the bird watching society to enjoys studying the ground nesting swallows that visit each summer because bike camp can be planned at any other location.

But the birds can't nested except this place so the field should allow the bird watching society to enjoys studying the ground nesting swallows on the field so we can conclude that the optimal use of the field during summer season is to provide the field to the bird watching society.

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Select all that apply.

Work environments can be:

indoor
outdoor
both indoor and outdoor
none of the above

Answers

Answer:

C. Both indoor and outdoor

Answer:

C

Explanation:

Visit ikea.my and identify the services the company provides to its customers.

Answers

okay i will thank you take care

explain the advantages of earthworm farming​

Answers

Answer:

Worms help to increase the amount of air and water that gets into the soil. They break down organic matter, like leaves and grass into things that plants can use. When they eat, they leave behind castings that are a very valuable type of fertilizer. Earthworms are like free farm help.

Explanation:

Can you give me brainliest

did this webside is working?

Answers

yes, it is webside working definitely

Help hep help help help

Answers

i believe the answer is B

A more wordy and complex way to say "we are cringe"

Answers

There are different ways

We are cowersWe are faunywe are toadies .We are trucklesWe are so cringy .

Answer:

start shrinkdrawbackshy wince flinch blench blanch dodge duck crouch shudder tremble

Explanation:

A complex way to say "we are cringe" are:

we cower.we are shrinking.we are a drawback.we are shy.we are wince.we are finch.we are blench.we are dodge.we are ducks.we are shudder.we are tremble.

examples of non good services

Answers

Answer:

Examples of non-economic goods are air, water, sunshine, etc. The concept of non-economic goods is relative to place and time.

Explanation:

Non-economic goods are called free goods because they are free gifts of nature. They do not have any price and are unlimited in supply.

what are the fundamental factor for local level vocation?list them and explain three of them​

Answers

Answer:

Fundamental factor for local level vocation :-

> Physiotherapy Technician :-

Physiotherapy Technician is a 10th standard medical nursing course. Physiotherapists provide treatment, preventive advice and care while rehabilitating those with physical and psychological impairment to maximize functional abilities for health lifestyle.

> Medical Lab Technology course:-

The diploma course is known as Diploma in Medical Laboratory Technology, abbreviated as DMLT. To take admission to DMLT/BMLT course in India, a candidate must qualify Class 12 from a recognised board or institute. The duration of DMLT is two years, whereas, that for BMLT course is 3 years and 6 months.

> Marketing & Salesmanship:-

Marketing and Salesmanship is a very important discipline of knowledge. Because of this process, a lot of changes have occurred in marketing practices. Both Marketing and Salesmanship require the knowledge of various advanced techniques of advertising, business correspondence , business law, sales management etc .


Stuart McGregor’s goal was to be a chef, and he received a highly prestigious apprenticeship just before turning 17. Soon after starting his apprenticeship, he
Experienced verbal abuse at work, and colleagues began making innuendos about his sexuality. He was once given a large bag of peas by the kitchen managers and asked to count them.
McGregor was told by his colleagues that he was going to receive an award. Excitedly, he called his family and could not wait to receive the award later in the day. Unknown to him, however, his peers had broken into his car and stolen the knob of his gear stick. They then wrapped it up and gave it to him as his “award” in front of the entire staff.
McGregor was regularly asked to perform tasks he did not know how to do and then was ridiculed when he did them incorrectly. Shortly before the conclusion of the apprenticeship period, he was invited to go on a camping trip with his workmates. Sadly, the kitchen managers threatened him with bodily harm if he went. McGregor was afraid for his safety and made excuses to avoid the trip.
Another employee ultimately complained about being bullied, and investigators questioned McGregor about his experience. He denied being bullied, probably out of fear for his safety, fear of losing his job, or because he thought he could handle the situation.
Consider how you might have resolved the situation faced by Stuart McGregor. Applying the 3-Step Problem-Solving Approach
1. Define the problem in this case.
2. Identify what OB concepts or theories help explain McGregor’s situation and reaction.
3. Recommend what you would do if you were McGregor and also if you were the manager of the
restaurant.
Prepare a 15-minute PowerPoint presentation on your approach indicating the problem, the theories you will use to explain the problem and the recommendations you will suggest.

Answers

1. The problem in this case is the bullying that McGregor suffers in the workplace and his difficulty in seeking help to solve the problem for fear of losing his job or because he thought he would know how to deal with the situation.

2. The concepts or theories of Organizational Behavior (OB) help to explain McGregor's situation and reaction towards identifying the motivation of an individual's actions in the workplace.

McGregor's behavior was influenced by the bullying he suffered, and the behavior of his co-workers may have been influenced by the fact that McGregor is only 17 years old and has already achieved a prestigious apprenticeship to help him achieve his goal of becoming a chef.

3. Looking at the case, what McGregor should have done was to immediately report to his manager the abuses he was experiencing in the workplace.

And the manager should seek to identify the problem based on the analysis of the integration of employees, coordinating the team and motivating ethical behavior in the company.

Therefore, from the 3-step problem solving approach is to identify the problem, create strategies for change and implement the solution.

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Help help help help bell businesses

Answers

Question

Monetary policy can be either expansionary (growing)or contractionary (becoming smaller).

what is the purpose of expansionary monetary policy?

Answer:

C. to increase real output in the economy

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• • 13.16 A large St. Louis feed mill, Robert Orwig Processing,

prepares its 6-month aggregate plan by forecasting demand for

50-pound bags of cattle feed as follows: January, 1,000 bags;

February, 1,200; March, 1,250; April, 1,450; May, 1,400; and June,

1,400. The feed mill plans to begin the new year with no inventory

left over from the previous year, and backorders are not permit-

ted. It projects that capacity (during regular hours) for producing

bags of feed will remain constant at 800 until the end of April, and

then increase to 1,100 bags per month when a planned expansion

is completed on May 1. Overtime capacity is set at 300 bags per

month until the expansion, at which time it will increase to 400

bags per month. A friendly competitor in Sioux City, Iowa, is also

available as a backup source to meet demand—but can provide

only 500 bags total during the 6-month period. Develop a 6-month

Answers

The production plan is used for ensuring that the necessary preparation is completed before the start of a production cycle.

A production plan involves the allocation of resources effectively so that everything will be in place for the production stages.

Based on the computation done, the budget for January is $12800, February is $16250, March is $17175, April is $20875, May is $16900, and June is $16900.

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Rather than creating a new product, Chinese manufacturers have been notably successful at adopting a different strategy. They have been able to make and offer a competing product so rapidly that the majority of adopters have a choice when purchasing the product for the first time. This is referred to as a

Answers

The method that was adopted by the Chinese manufacturers who instead of creating a new product,  adopted a different strategy is: Lean manufacturing initiative.

Lean manufacturing initiative is a form of manufacturing where the producer identifies non-value adding activities and initiates measures to systematically eliminate these.

The process is gradual. Most manufacturing organizations adopt this process.

This is the same with the Chinese industries who instead of immediately creating a new product, adopt the strategy of introducing competing products.

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