3 years ago

Which would be the best economic measure to compare standards of living among nations over time?

Business

1 answer:

frosja888 [35]3 years ago

3 0

<span>Changes in real income per capita</span>

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The fundamental facilities and systems serving a country such as transportation,communication systems, power plants, and schools

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They are called <span>Infrastructure.</span>

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In a transaction between merchants, the additional proposed terms automatically become part of the contract unless

svp [43]

The correct answer would be d. all of the above

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3 years ago

To manufacture 3,000 pairs of sandals in a week, a firm can use 3,600 workers and 135 machines or 270 machines and 3,300 workers

Nutka1998 [239]

Answer:

3,600 workers and 135 machines is more technically efficient.

Explanation:

a. For 3,600 workers and 135 machines

Worker technical efficiency = 3,600/3,000 = $120%

Machine technical efficiency = 135 / 3,000 = 4.50%

Average technical efficiency = (120% + 4.5%) / 2 = 62.25%

b. For 270 machines and 3,300 workers.

Worker technical efficiency = 270/3,000 = $9%

Machine technical efficiency = 3,300 / 3,000 = 110%

Average technical efficiency = (9% + 110%) / 2 = 59.50%

Conclusion

Since the average technical efficiency of 62.25% is higher than 59.50%, 3,600 workers and 135 machines is more technically efficient.

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3 years ago

If you cause a car accident, which type of insurance will require you to pay the least out of pocket

WARRIOR [948]

A low deductible plan is the type of insurance that will require the driver to pay less out of pocket. If a person has a high deductible plan, the out of pocket payment would be a lot higher. A low deductible plan has much higher premiums that must be paid. The high deductible insurance has much lower premiums. After a wreck that is caused by the driver, most insurances will raise the premiums paid. Unless you with an insurance company that accident forgiveness plans. The correct answer to this question is B. Low Deductible Plan.

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Wims, Inc., has current assets of $3,900, net fixed assets of $26,500, current liabilities of $3,400, and long-term debt of $7,5

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Answer:

equity = $19500

Explanation:

Given data:

current assets $3900

net fixed assets $26,500

current liabilities $3400

debt = $7500

Total liabilities = current liabilities + long term debt

= 3400 + 7500 = $ 10,900

Total assets = current assets + net fixed assets

= 3900 + 26,500 = $30,400

We know

total assets = total liabilities + equity

30400 = 10900+ equity

equity = $19500

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3 years ago