At a recent company meeting, Ravi Batra, sales manager of Life's a Beach, a surfboard producer announced, "We have increased our sales by 13 percent in just 9 months." Suppose 9 months ago, its sales amounted to $245,000, what is the value of its sales
today?
A) $31,850
B) $207,638
C) $276,850
D) $359,905
Answer: C
You might also like to view...
Suppose the price level is unchanged and real GDP rises. Then
A) nominal GDP must decrease. B) nominal GDP must remain unchanged. C) nominal GDP must increase. D) none of the above are true.
A creator of an action movie who wants to protect their intellectual property would apply for which of the following?
A) a trade secret B) a copyright C) a patent D) a trademark
The recognition time lag is the time that elapses between
A) when an economic problem manifests itself and it is officially acknowledged. B) the recognition of an economic problem and implementing policies to solve it. C) implementing policies to solve an economic problem and when the results of that policy can be measured. D) the beginning of the budgetary process and the final budget resolution.
Generally, managed care means
A. health care is provided by teams, not by an individual doctor. B. limits are placed on utilization of health care services. C. health care is provided by the government to all citizens. D. doctors pick which patients they want to see.