Goods/Services Quantity Price Price Quantity Quantity 88 boxes Price $6.99/box Play-Doh Towels Haircuts Hats 80 boxes $8.99/box $8.49/box $8.50 each 91 boxes 75 $8.25 each 85 $28.50 each 43 $14.99 each 25 80 $31.50 each 42 $14.99 each 35 $8.90 each $37.50 each $15.99 each 47 21 Notice that everything produced is consumption goods and services. Take 2010 as a base year. Round all the answers to 2 decimals. 1. Calculate the nominal GDP in 2009. 2. Calculate the nominal GDP in 2010. 3. Calculate the nominal GDP in 2011. 4. Calculate the real GDP in 2009. 5. Calculate the real GDP in 2010. 6. Calculate the real GDP in 2011. 7. Calculate the GDP Deflator for 2009.

Goods/Services Quantity Price Price Quantity Quantity 88 boxes Price $6.99/box Play-Doh Towels Haircuts Hats 80 boxes $8.99/box $8.49/box $8.50 each 91 boxes 75 $8.25 each 85 $28.50 each 43 $14.99 each 25 80 $31.50 each 42 $14.99 each 35 $8.90 each $37.50 each $15.99 each 47 21 Notice that everything produced is consumption goods and services. Take 2010 as a base year. Round all the answers to 2 decimals. 1. Calculate the nominal GDP in 2009. 2. Calculate the nominal GDP in 2010. 3. Calculate the nominal GDP in 2011. 4. Calculate the real GDP in 2009. 5. Calculate the real GDP in 2010. 6. Calculate the real GDP in 2011. 7. Calculate the GDP Deflator for 2009.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A manufacturer sells a particular product in both Brazil and the U.S. In Brazil, the manufacturer has been selling 4,900 units per year of the product at a price of $200 and a contribution margin of 25 percent. For sales of this product in Brazil, calculate the breakeven sales level for a $20 price increase. Show your work. In the U.S., the manufacturer’s price for this product is $400 and the contribution margin is 50 percent. The manufacturer knows that, because of gray market commerce, every one-unit change of sales of this product in Brazil leads to a 0.15-unit sales change in the opposite direction in the U.S. Given this information, recalculate the breakeven sales level in Brazil described in Part a. Show your work. Using the course material, describe the concept of a price corridor. Then explain how the difference between the breakeven you calculated in Part (b) and the one you calculated in Part (a) is helpful for applying the price-corridor concept in this situation.
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Eng. Economic Q1. Would a dollar tomorrow be worth more to you today when interested is 20% or 10%?
Don't use excel
how to obtain given, Q2=3200?
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