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A cocoa farmer in Country X exports $500 worth of his cocoa beans to a chocolate manufacturer in Country Y. The chocolate manufacturer keeps $300 worth of the cocoa beans in inventory for future production use. The chocolate manufacturer then refines the remaining beans and sells the refined cocoa beans to a chocolate company for $700. The chocolate company makes the beans into chocolate and sells that to households for $1000. If the economy in country Y only consumes chocolate, calculate the GDP of country Y using the expenditure approach.
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Business, 22.06.2019 20:00, LJ710
Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?
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A cocoa farmer in Country X exports $500 worth of his cocoa beans to a chocolate manufacturer in Cou...
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