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2 years ago

What was the growth rate of per capita income in india on the eve of independence.

Business

1 answer:

Orlov [11]2 years ago

4 0

The growth rate in India on the eve of independence was 0.5% per annum.

<h3>What is independence?</h3>

Independence refers to the act of getting free from controlling of the dominating or ruling parties.

On the eve of independence, the economy was sluggish, and agriculture was the main activity that sparked growth. The colonial authorities made no serious attempt to assess India's national and per capita GDP.

Therefore, it can be concluded that 0.5% p.a. was the growth of the India at the time of independence.

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Ula purchased stock in Purple, Inc., six years ago for $150,000. Purple has assets with a value of $225,000 ($175,000 basis) and

elena55 [62]

Answer:

$15,000 gain

Explanation:

Assets with a value of $225,000

Remaining asset (cash) to Ula ($25,000)

Purple liabilities ($60,000)

Balance $140,000

Balance Brought forward $140,000

Remaining asset (cash) to Ula $25,000

Ula purchased stock ($150,000)

Balance $15,000 gain

$225,000-$25,000-$60,000=$140,000+$25,000-$150,000=$15,000 gain

Therefore we have $15,000 gain.

3 0

3 years ago

Omega Custom Cabinets produces and sells custom bathroom vanities. Assume that labor is the only input that varies for the firm.

Papessa [141]

Answer:

The answer is option a). For the 11th worker, the marginal profit is $600.

Explanation:

Step 1: Determine the initial profit for the 10 workers as shown;

initial profit=revenue from sales-cost of labor

where;

revenue from sales=sale per unit×number of units

revenue from sales=800×20=$16,000

cost of labor=cost per unit×number of workers

cost of labor=1,000×10=$10,000

replacing;

initial profit=16,000-10,000=$6,000

Step 2: Determine the final profit for the 10 workers as shown;

final profit=revenue from sales-cost of labor

where;

revenue from sales=sale per unit×number of units

revenue from sales=800×22=$17,600

cost of labor=cost per unit×number of workers

cost of labor=1,000×11=$11,000

replacing;

final profit=17,600-11,000=$6,600

Step 3: Determine the marginal profit as shown;

marginal profit=final profit-initial profit

where;

final profit=$6,600

initial profit=$6,000

replacing;

marginal profit=6,600-6,000=$600

The marginal profit for the 11th worker=$600

5 0

3 years ago

A country with a population of eight million adults has five million employed, 500,000 unemployed, and the rest of the adult pop

Serggg [28]

The unemployment rate is calculated as the number of eligible persons that are unemployed.

So we would need to remove all the population that is out of the workforce (those who are not eligible to work like the elderly or children).

We know that the total population is 8,000,000 and we can account for 5,500,000 of them so the eligible population of workers is 5,500,000.

If 500,000 of them are unemployed, the rate would be 500,000/5,500,00 or 9%

To find the share of the labor force, take the total eligible (5,500,000) divided by the total population (8,000,000)

5,500,000/8,000,000 = 68.8% of the total population is in the labor force.

5 0

3 years ago

The manager of a small post office is concerned that the growing township is overloading the one-window service being offered. S

Rashid [163]

Answer:

1) 2 minutes

2) 7 minutes

3) Zero ( 0 ) minutes

4) yes

5) zero ( 0 ) minutes

Explanation:

1) Time required to serve

= 2 minutes

2) The operator will begin processing the fourth customer at 7 minutes

3) The fifth customer will wait in line for zero ( 0 ) minutes

4) Yes the sixth customer will get served right away

5) The average waiting time for the 6 simulated customers is Zero ( 0 )

Attached below is the simulation of the six arrivals

7 0

3 years ago

E-commerce offers entrepreneurs an opportunity to _____

viktelen [127]

E-commerce offers entrepreneurs an opportunity to utilize the interactive nature of the Internet to help their businesses grow.

<h3>What Exactly Is Electronic Business (E-Business)?</h3>

Ecommerce is the name given to companies and individuals who conduct business online. E-commerce can operate in a range of market sectors and be performed on computers, tablets, cellphones, and other smart devices. Nearly any product or service imaginable is now available through e-commerce transactions, including books, music, airline tickets, and financial services like stock trading and online banking. It is considered a very disruptive technology result.

What are the advantages and disadvantages of doing business online?

The benefits of e-commerce for customers include:

Convenience
Increased selection
Perhaps lower startup costs
International sales
Easier to target customers again.

But e-commerce websites also have some disadvantages. The negatives include:

Limited client service
Lack of immediate gratification
Unable to touch products
Reliance on technology
Greater competition.

Learn more about E-commerce with the help of the given link:

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7 0

2 years ago