Outsourcing and overhead peluso company, a manufacturer of snowmobiles, is operating at 70 percent of plant capacity. peluso's plant manager is considering manufacturing headlights, which are now being purchased for $11 each (a price that is not expected to change in the near future). the peluso plant has the equipment and labor force required to manufacture the headlights. the design engineer estimates that each headlight requires $4 of direct materials and $3 of direct labor. peluso's plant overhead rate is 200 percent of direct labor dollars, and 40 percent of the overhead is fixed cost.

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand