The value of baby sitting services when the baby sitter is paid in cash and the transaction isn't reported to the government
Explanation:
Some of the values and the transactions are not added to the GDP and there are many off the book activities which are not included in the GDP and one such activity is baby sitting
In the US many people get paid off for baby sitting and the money that they are paid are not added to the economy and it does not account the enjoyment of the people and the loses that incur during the loss of enjoyment of the people
Answer:
Statement B is correct.
Explanation:
High Operating Leverage represents higher fixed cost in comparison to variable cost, and thus that means the company will get its break even earlier or we can say with low units, but after break even profits will be higher.
As in the given case Firm A has higher Operating Leverage than Firm B, thus Firm A has lower Break even point but eventually its profit after reaching break even will grow higher.
Thus, Statement B is correct
<span>A copayment is a fixed amount paid by a patient to the insurance company prior to a doctors’ visit. Insurance company ask the insured for copay to share health care cost, which is often a small portion of the actual cost of the medical service received. This is meant to prevent a person from seeking unnecessary medical care.</span>
Answer:
to increase the level of employee satisfaction
Explanation:
Redesigning a product or service does not necessarily have to do with improving employee satisfaction, but it would be great if it does it as a side effect.
Redesigning a product or service costs money, and usually a lot of money, so c company must perform a cost benefit analysis before doing so. The main reason why a company would carry out a redesign is simply to increase consumer demand and total sales. This is generally achieved by increasing the quality of the product or service, and therefore consumer satisfaction. It can also do it to lower production costs, which also increases profits.