There seems to be a paradox between goods and money. consider the following. would you be better off if the amount of: a) food and clothing you have suddenly doubled? b) food and clothing everyone has suddenly doubled? c) money you have suddenly doubles? d) money everyone has suddenly doubles (there is no change in national output)? identify which of the above situations would you be better off in? (simply list a, b, c, and/or d). next, explain the difference in your answers to parts b and d. why are you better off in one and not the other?

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)