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2 years ago

What are the shortcomings or national incom acconting system?

Business

1 answer:

Gnesinka [82]2 years ago

7 0

Answer:

The three main limitations to national income accounting are: Errors in Measurement: Black Market and underground activities are not included when calculating GDP. This is because there is no way to accurately measure black market activity.

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?a commercial is marketing a new type of detergent that has been proven to erase over 80% of all stains without needing any addi

padilas [110]

T<span>he advertisement is using the scientific approach. In this approach, the product is introduced to the consumers as either effective or reliable through the provision of scientific evidence. It would be using quantitative data to persuade the consumers of the effectivity of the product. Just like in this example, the company were able to test their product proving that 80% of the stains would be erased without adding any additional additives. In </span>these advertisements<span>, the product is claimed to be effective through several successful experiments. Another example of this advertisement is a commercial where the company will be conducting a live experiment. They will be comparing two products and test which of the two is effective.</span>

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3 years ago

The price of peanut butter increased by 25% and the quantity of jelly demanded decreased by 50%. Using one decimal place and the

natulia [17]

Answer:

-2

Explanation:

To find the cross price elasticity between to goods, we use this formula:

Cross Price Elasticity of Demand = % change in quantity demanded of good 1 / % change in the price of good 2

Now, we plug the amounts into the formula

Cross Price Elasticity of Demand = -50% / 25%

= -2

5 0

3 years ago

When considering internal controls,

PilotLPTM [1.2K]

Answer:

The correct answer is B) auditors are concerned with the client's internal controls over the safeguarding of assets if they affect the financial statements.

Explanation:

Based on the theoretical concept, it can be said that the main scopes of a well structured system of internal controls are:

- Promote reliability and impartiality in the production of financial reports.

- Provide timely and easily accessible information, which allows efficient and effective conduction of business processes.

- Ensure compliance with internal processes and actions in general to the objectives of strategic planning, avoiding deviations from the guidelines.

- Safeguard the company's assets, supporting risk management and minimizing eventual financial losses caused by poor management.

3 0

3 years ago

3. A company manufactures two types of products: A and B. Three resources R1, R2, and R3 are required to make these products. a.

mojhsa [17]

Answer:

(i)The units of production of Product A and B (x and y) are the decision variables

(ii)Objective is to maximize profit

(iii)Objective function, Max P=20x+50y

(iv)The Contraints are:

8x+2y $\leq$ 500....(i)

2x+5y $\leq$ 400.......(ii)

3y $\leq$ 180

x>0, y>0

Explanation:

Let the number of Product A=x

Let the number of Product B=y

Each unit of product A requires 8 units of R1 and 4 units of R2.

Each unit of product B requires 2 units of R1, 5 units of R2, and 3 units of R3

The availabilities of resources R1, R2, and R3 are 500, 400, and 180

Since R1 $\leq$ 500,

Product A requires 8 units of R1 per production unit

Product B requires 2 units of R1 per production unit

Total Unit of R1 possible is given by the inequality: 8x+2y $\leq$ 500....(i)

Since R2 $\leq$ 400,

Product A requires 2 units of R2 per production unit

Product B requires 5 units of R2 per production unit

Total Unit of R2 possible is given by the inequality: 2x+5y $\leq$ 400....(ii)

Since R3 $\leq$ 180,

Product B requires 3 units of R2 per production unit

Total Unit of R2 possible is given by the inequality: 3y $\leq$ 180....(iii)

Since the manufacturer also makes a profit of $20 and $50 for products A and B, our objective is to maximize profit

Therefore: Objective function, Max P=20x+50y ......(iv)

5 0

3 years ago

What is essential to delivering a successful presentation?

Aleonysh [2.5K]

A.
It is the most important on here

3 0

3 years ago

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What are the shortcomings or national incom acconting system?​

What are the shortcomings or national incom acconting system?