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2 years ago

Adding the market value of all final and intermediate goods and services in an economy in a given year would result in?

1 answer:

4 0

When the market value of all final and intermediate goods and services in an economy are added up in a given year, this would lead to <u>Double Counting. </u>

<h3>What is double counting?</h3>

Double counting is a problem in Gross Domestic Product calculation where intermediate goods are added to final goods to determine the country's productivity.

Adding intermediate goods is a faux pass because the value of intermediate goods are included in the final goods and services price so there is no need to add them again.

If they are added, then the value of the intermediate goods would have been counted twice or double. This is where double counting comes from.

For instance, when making bread, flour is an intermediate good. The bread already includes the cost of this flour so adding the cost of the flour would mean inflating the true cost of the bread.

In conclusion, this is double counting.

Find out more on double counting at brainly.com/question/1112587

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When Home Movies Inc. opened stores in other countries, it increased the company's international market share. Home Movies took

olga55 [171]

Answer:

<h2>In this instance,Home Movies Inc. took advantage of market expansion opportunity to enhance market share.Hence,the correct answer is market expansion.</h2>

Explanation:

In Microeconomics,the practice of market expansion refers to the enhancement of business activities or selling of goods and services into newer sections of the market which encompasses factors such as demographic,economic,geographical,social etc.In this context,the geographical expansion of market can possibly include international markets as well as long it can comprehensively cover the desired consumer group which can lead to higher revenue generation and potential market share.It is an extremely formidable economic strategy for any business organisation or company to expand the consumer accessibility by tapping into new geographical areas in the global or international market.An effective market expansion,however, requires a thorough and considerable market research with a specific emphasis on the the potential new markets that the existing business can easily reach and the new consumer base in those markets who will most probably like the products and/or services sold by the business based on various preferential attributes.This can evidently generate immense opportunities for sales and overall economic growth.

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4 years ago

What challenges do managers face in motivating today's workforce?<br>

Sloan [31]

Answer:

Each individual employee has their own set of beliefs and needs, and you can rarely find two of them who are alike. Therefore, managers have a hard time understanding how different their employees are. Also, it's hard to keep up with all the employee needs if they are constantly changing and evolving.

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3 years ago

Boursaw Corporation has provided the following data concerning last month’s operations. Purchases of raw materials $33,000 Indir

m_a_m_a [10]

Answer:

COGS= $136,000

Explanation:

<u>First, we need to calculate the cost of goods manufactured:</u>

<u></u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

We deduct the indirect material from the direct material purchase, so we don't sum it twice.

Because it is the unadjusted cost of goods sold, we take into account the allocated overhead.

cost of goods manufactured= 56,000 + (10,000 + 33,000 - 4,000 - 15,000) + 58,000 + 78,000 - 72,000

cost of goods manufactured= $144,000

<u>To calculate the unadjusted cost of goods sold, we need to use the following formula:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 41,000 + 144,000 - 49,000

COGS= $136,000

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4 years ago

Build a loan amortization schedule using goal seek. The info of the loan:

Savatey [412]

Answer:

The amortization schedule and the formula is shown in the table attached below

Explanation:

Download docx

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3 years ago

If Division Inc. expects to sell 200,000 units in the current year, desires ending inventory of 24,000 units, and has 22,000 uni

gogolik [260]

Answer:

False

Explanation:

As we know that the Budgeted Production units can be calculated as under:

Budgeted Production Units = Sales Unit + Closing Units - Opening

Budgeted Production Units = 200,000 + 24,000 - 22,000

Budgeted Production Units = 202,000 Units

So saying that the budgeted production units for the year were 198,000 units is totally incorrect.

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3 years ago