Answer:Economic activities are those activities of man which are undertaken for earning money. Whereas non economic activities are those activities that are not undertaken for any monetary gain.
Explanation:
Answer: Orientation to internal, unique self
Explanation: In simple words, orientation refers to the process of determining the position of one self or the others with respect to a particular situation.
In the given case, Joey has to make a decision that impacts his personal life and he has to make it himself. Therefore, the confusion he is having about the decision depicts that he is at the stage of internal orientation.
Answer: The higher the principal, the higher the total cost of the loan
Explanation:
From the chart shown we can see that the loan with a higher principal has a higher total cost than the loan with the smaller principal.
This happens because the interest rate attached affects larger figures more than smaller ones. 6.47% of $6,000 is $389 which is larger than 6.47% of $5,000 which is $324 (calculating the cost of a loan is more cumbersome than this but this shows the effect as well).
When compounded overtime, this difference will be even more and thus shows that larger principals cause larger total costs.
Answer:
The list of items are as follows:
1. Salaries for assembly line inspectors - direct labor or manufacturing overhead
2. Insurance on factory machines - manufacturing overhead
3. Property taxes on the factory building - manufacturing overhead
4. Factory repairs - manufacturing overhead
5. Upholstery used in manufacturing furniture - direct materials
6. Wages paid to assembly line workers - direct labor
7. Factory machinery depreciation - manufacturing overhead
8. Glue, nails, paint, and other small parts used in production - manufacturing overhead
9. Factory supervisors’ salaries - manufacturing overhead
10. Wood used in manufacturing furniture - Direct materials
