Answer:
(B) adding all of the debits, adding all of the credits, and then subtracting the smaller sum from the larger sum
Explanation:
While calculating the closing balance of any account,
There includes two possibilities that the account might have debit balance or the account might have credit balance. And for computing this:
All the debits shall be accumulated and then their total shall be computed.
Similarly, all the credits shall be accumulated and their total shall be done.
Which ever is more then the account will have that nature of balance, accordingly the smaller shall be deducted from the larger one and the larger one will decide the nature of balance whether debit or credit.
As an economic advisor when launching a new brand there are a number of factors that needs to be considered.
<h3 /><h3>What is Economy?</h3>
Economy is the environment of a country that entirely depends on production of goods and services and its consumption.
Market trend- will analyze the purchase of similar brand in the current and past
Fashion- The brand offers the latest fashion and is not outdated
Demographics- the brand launched will be consumed by urban or rural areas and should be relatively marketed.
Age factors - the brand and product for suitability for a specific age group
Price affordability - whether the people in the society can actually afford the brand.
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D.) Marginal cost is equal to average total cost. (Because when the average total cost is at its minimum, marginal cost is also at its minimum.)
Answer:
cash income paid to a day laborer that is not reported to the tax authorities
Explanation:
GDP stands for Gross domestic product. It is the monetary value of all finished goods and services made within a country during a specific period.
It is calculated as GDP = private consumption + gross investment + government investment + government spending + (exports – imports).
Hence, cash income paid to a day laborer that is not reported to the tax authorities will not be included in GDP
