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Orange growers sell $17 million of their crop to orange juice processors and $4 million of their crop to supermarkets. The orange juice processors sell their orange juice to supermarkets for $19 million. The supermarkets sell oranges to consumers for $12 million, orange juice to consumers for $16 million, and orange juice to restaurants for $5 million. The restaurants sell orange juice to consumers for $12 million.
a. Calculate the amounts oranges and orange juice contributes to GDP.
b. Calculate the value added by orange growers, orange juice processors, supermarkets, and restaurants.
1.For what reasons might the price of foreign holidays rise? In each case, identify whether these are reasons affecting demand, supply, or both.
Gallup has surveyed a number of people in texas and hawaii and estimated stress levels as the sample proportion who say they are "stressed".
What type of agency problem is involved here and why would Marriott worry about the quality of hotels it doesn't own but franchises?
Quantitative Techniques is a scientific and for enhancing creative and judicious capabilities of a decision maker", also state the different elements of Decision - Compute the mean, standard deviation and Coefficient of variation of the following d..
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What environmental law, currently up for debate before a state or federal government, do you support and why?In your own words, please post a response to the Discussion Board and comment on at least 2 other postings. You will be graded on the quality..
Assume, after graduation, you take a job in a company in Chile that manufactures faux leather shoes. One day, your boss comes in and says, "this company is not operating at a profit
Explain the difference between the short run and the long run as it relates to the firm's production function. Why is this distinction important to a firm's manager?
1.Summaries the relative benefits to consumers of
What cultural issues can you identify which make Islam a tougher sell in many cultures- especially Western ones?
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