Economic activities, A used car dealer purchased my 1992

Economic activities

Assignment Help Business Economics

Reference no: EM13770302

A used car dealer purchased my 1992 Ford Tempo for $1,000. He paid a worker $200 to wash it. He purchased four tires for a total of $400 to replace the existing tires on the car. He sold the car for $4,000. All these economic activities took place in 2013. The used car dealer's value added in 2013 was?

Reference no: EM13770302

Questions Cloud

Which study design to use : Why do you think study designs are important in epidemiology? What are some practical issues that you would consider in choosing which study design to use

Production processes-marginal cost curves : A firm has two production processes with the following marginal cost curves:

Velocity and the quantity equation : Consider a simple economy that produces only pies. The following table contains information on the economy's money supply, velocity of money, price level, and output. For example, in 2011, the money supply was $320, the price of a pie was $8.00, and ..

What is the phenotype ratio : Jacob has hemophilia. His wife, Ella, does not. Ella's mother had hemophilia. Ella's father did not. What is the phenotypic ratio of Jacob and Ella's offspring?David is red-green colorblind. His wife is has normal color vision and does not have a fam..

Economic activities : A used car dealer purchased my 1992 Ford Tempo for $1,000. He paid a worker $200 to wash it. He purchased four tires for a total of $400 to replace the existing tires on the car. He sold the car for $4,000. All these economic activities took place in..

Examine the major types of networks and hardware : Examine the major types of networks and hardware available in terms of range, speed, security, reliability, and price. Determine the network that you would implement and the hardware that you would need.

Write an argument essay the justice system : Write an Argument Essay The justice system. Formulate a research question to help you narrow your topic by asking yourself, "What are the possible perspectives on the issue, and what is my position?"

Would these firms produce more or less natural gas : Would these firms produce more or less natural gas and Please use the short-run model of a firm in perfect competition to explain your answer.

Use of virtual private network and a tunneling protocol : Two banks want to establish an electronic link between themselves over which they can transmit money transfers using EDI/XML techniques. Can they use virtual private network and a tunneling protocol or is a better technique available? Defend your ans..

User Account

All Pages