Incomes of the professor and gilligan

Assignment Help Business Management
Reference no: EM131073534

After a boat rescues everyone else from Gilligan's Island, the Professor and Gilligan remain behind, afraid of getting shipwrecked again with the same bunch of people. The Professor grows coconuts and catches fish. Last year he harvested 1000 coconuts and caught 500 fish. He vaules ,one fish, as worth two coconuts. The Professor gave 200 coconuts to Gilligan in exchange for help in the harvest, and he gave Gilligan 100 fish in exchange for collecting worms for use in fishing. The Professor stored 100 of his coconuts in his hut for consumption at some future time. Gilligan consumed all his coconuts and fish. In terms of fish, what is the GDP of Gilligan's Island? What are consumption and investment? What are the incomes of the Professor and Gilligan?

Reference no: EM131073534

Questions Cloud

Calculate the total estimated amount of fraud : Download the latest Report to the Nation on Occupational Fraud and Abuse. This report gives a projection of the cost of fraud based on the percent of revenue. Explain this in terms of an example for an individual company with revenues of $25 milli..
Micro-economic feedback : Your state plans to adopt a tuition tax credit for college students. How would you estimate the revenue impact of this provision? How would the decisions to use static, micro-economic feedback, or dynamic approaches influence your estimate?
Consultant for business csu ecommerce consulting services : It is your role within the company to respond to customers that have lodged an eCommerce query that requires action. All clients that you are directed to respond to have an ongoing relationship with your company and have pre-paid blocks of time for..
Draft the preliminary details of a research proposal : A research report is all about selling your idea to those finding it valuable and worthwhile. One way to retain the attention of the intended audience is to ensure the research report at least is as valid and reliable as the research allows it to..
Incomes of the professor and gilligan : The Professor stored 100 of his coconuts in his hut for consumption at some future time. Gilligan consumed all his coconuts and fish. In terms of fish, what is the GDP of Gilligan's Island? What are consumption and investment? What are the incomes..
Analyse the latest financial statements : HI5001 Accounting for Business Decisions Group Assignment. The assignment aims to develop an understanding of financial statements structure and their use in decision-making. The task is to choose a publicly listed company from the Australian Stock..
Maximum and not a minimum : Determine the maximisation amount of profit that the firm could obtain. Verify that it is a maximum and not a minimum.
Any other aspect of environmental science : Any other aspect of environmental science that you would like to share that you thought was interesting?
Company generate in order to reach the break-even point : Ritz Furniture has a contribution margin ratio of 0.15. If fixed costs are $162,600, how many dollars of revenue must the company generate in order to reach the break-even point?

Reviews

Write a Review

Business Management Questions & Answers

  Internet has enhanced global trade

List ways of how the Internet has enhanced global trade and list the Internet challenges associated with global trade such as varying infrastructures, taxes, distribution, B2B, etc.

  Responsibility and hierarchical relationships

Explain the executive, managerial, and administrative organization of a firm and indicates responsibility and hierarchical relationships.

  Explain how could a pr professional for a fast food chain

Explain How could a PR professional for a fast food chain use the FDA report to develop a PR strategy and What would this strategy include and why? Be specific in your recommendations.

  Shine company''s total costs amounted

1. Shine Company's total costs amounted to $1,845 for direct materials, direct labor, and manufacturing overhead in producing 913 units of product during the year. Selling costs were $783 and 684 units were sold. The amount expensed on the income sta..

  Illustrate what are the three legs of the stool

Illustrate what are the three legs of the stool? Define each and comment on whether you agree or disagree. Elucidate. 250 words"

  Prepare a paper describing the significance of theory

Prepare a paper describing the significance of Theory Y - Cognitive evaluation theory and goal setting theory

  Primary task response within the discussion board area

students are expected to post their responses to peers by sunday. note all submission posting times are based on

  Create a business plan for the particular sme

The purpose of doing the above is to create a business plan for the particular SME with an intention to generate funds (through various sources of finance) to create innovation and growth within the organisation.

  Illustrate what are the purposes of gantt charts

Illustrate what are the purposes of Gantt charts and Network diagrams. In the network computation process illustrate what is a backward pass and illustrate what four things does it find out?

  Explain how the business would benefit

Explain how the business would benefit from information created and knowledge kept in their information system.

  Describe and explain the business costs

Findings and Analysis: describe and explain the business costs you have researched with Harvard references. Show the individual and total costs. Use tables if you wish.

  Choose a company of your choice and assess it compensation

Choose a company of your choice and assess it compensation strategy based on the concepts you have learned in this class.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd