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2 years ago

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A hair stylist receives $6,000 per month from her clients as payment for her services. Each month she buys $1,000 worth of suppl

ies. These transactions contribute ________ to gross domestic product (GDP) each month.

1 answer:

erica [24]2 years ago

8 0

$7,000

She is paid $6k and pays out $1k per month. GDP is a measure of money flowing through an economy.

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According to Peter G. Keen, a former MIT professor, which is a benefit of a decision support system (DSS)

Travka [436]

According to Peter G. Keen, a benefit of a decision support system is that it helps in making better decisions.

A decision support system simply means a computerized program that is used for supporting judgments in an organization. It's used for decision-making.

According to Peter G. Keen, a decision support system is also vital as it helps in increasing communication and saves costs. It also aids new insights and learning.

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2 years ago

Francine wants to become a school counselor. Which is the academic requirement for this career?

Zigmanuir [339]

The academic career to become a school counsellor can be either bachelor in Psychology, Education or any other related field. This is because of these academic tracks deals and interacts with people. School counsellors need to be open and ready to interact with students, teachers and parents.

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3 years ago

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Ahmed, a lawyer, sold his car to Carlos. Has an implied warranty of merchantability been created by this transaction? No, becaus

GuDViN [60]

Answer:

A. No, because Ahmed is not a merchant.

Explanation:

Implied warranty of merchantability is a law in contract which states that when there is a transaction between a seller (the merchant), and a buyer, there is an unwritten guarantee from the seller, that the product meets up to the ordinary standards of care. This means that the goods must be fit to do what the merchant says it will do. Therefore, if the seller finds it defective, he could return it to the seller. and if the seller refuses to make a change, a legal case could be established. The merchant by law is a wholesaler or retailer, who sells goods in which he has expertise or special skills.

Ahmed in the question could be argued in court to not be a merchant of cars and as such, has no expertise with which he can make a guarantee for the car being sold to Carlos.

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3 years ago

Deadweight losses occur when the quantity of an output produced is:

PilotLPTM [1.2K]

Deadweight losses occur when the quantity of an output produced is: ... Less than or greater than the competitive equilibrium quantity. Such that the marginal benefit of the output is just equal to the marginal cost.

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2 years ago

Jabari Manufacturing, a widgets manufacturing company, divides its production operations into three processeslong - Department

lora16 [44]

Answer:

Cost per unit of widget produced = $6.52

Explanation:

As for the provided information:

Total units produced = 4,600 units

Total cost of production = costs for Department 1 + Department 2 + Department 3

= $18,000 + $8,000 + $4,000 = $30,000

It does not matter how many units are sold as the cost of sales will include, selling and administrative cost also.

Therefore, all the cost will be considered.

Thus total cost of production = $30,000 for 4,600 units.

Cost per unit of widget = $\frac{30,000}{4,600} = 6.52$

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3 years ago