The K-ABC is different from the wechsler test and stanford-binet because it was designed to measure several distinct aspects of intelligence. The K-ABC test is just designed to measure several distinct aspects of intelligence of human or students who are taking the test. So the answer in this question is, it was designed to measure several distinct aspects of intelligence.
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Answer and Explanation:
Gross domestic product is calculated:
Gross Domestic Product(GDP) = Gross National Product (GNP) - Receipts of factor income from rest of the world + Payments of factor income to the rest of the world
So to find GDP, we calculate GNP
GNP = NNP+Depreciation
To calculate GNP, we calculate NNP:
Net national product (NNP) =national income, so we have,
NNP = $2,445 billion
GNP = NNP + Depreciation = $2,445+$75
GNP = $2,520 billion
So we substitute in GDP formula to calculate GDP
GDP = 2,520 - 70 + 50 = $2500 billion
GDP = $2,500 billion
Government consumption and gross investment= Government transfer payments + Non-residential investments
Government consumption and gross investment is given by G
G = 200+250 = $450 billion
G = $450 billion
The budget constrain is how much of each good can Joe's buy and it's given by:
Income = P_f * Q_f +P_s * Q_s
P_f = Price_of_Food
Q_f = Quantity_of_Food
P_s = Price_of_Shelter
Q_s = Quantity_of_Shelter
In case a):
300 = 5*Q_f(a) + 100*Q_s
in case b):
300 = 10*Q_f(b) + 100*Q_s
To draw each line, you can make a graphic in which the x axis is Q_s and y axis is Q_f
set Q_f = 0 and solve for Q_s which gives => Q_s = 3 so, in the x axis the line will start in Q_s = 3
the same, and solve for Q_f and it'll give =>
Q_f(a) = 60
Q_f(b) = 30
So, from the start in x axis in Q_s = 3 you draw the line (a) to the y axis Q_f(a) = 60 and you draw the line (b) to the y axis Q_f(b) = 30
To get the oportunity cost you have to divide the cost of what is given up (food) by what is gained (shelter).
Oportunity_Cost_Food(a) = 5/100 = 0.05
Oportunity_Cost_Food(b) = 10/100 = 0.10
As you can see, the oportunity cost of food increase
Answer:
b. Common-size income statement
Explanation:
The common-size income statement refers to the income statement which show the each item of the income statement with respect to the percentage of sales revenue.
It helps to analyze the company overall productivity, financial position, performance of the company that helps the company to compare with its competitors.
Answer:
It should accept the special order at the price of $36 as the total marginal cost will be $28.5 (27 variable cost + 1.15 shipping cost).
Explanation:
Special orders are accepted only if marginal revenue increases the marginal cost. Marginal cost is the total cost incurred to fulfill any order.
In the given scenario, since the Company already has adequate capacity and it will not incur any additional fixed cost, therefore the order can be accepted by taking variable cost in to consideration.
Marginal Revenue 36
Less: Marginal Cost
Variable Cost (27)
Shipping Cost <u> (1.15)</u>
Total Profit from Order <u> 7.85</u>