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grin007 [14]
3 years ago
6

Which standardized metric of output is used to gauge the size and market potential of an economy?

Business
1 answer:
Nadusha1986 [10]3 years ago
5 0

Answer:

The standardized metric of output used to gauge the size and market potential of an economy is the Gross Domestic Product.

Explanation:

The Gross Domestic Product is the value of goods and services that are

produced in a country in a certain time and it is consider an important indicator to analyze the state of a country's economy. The value of the goods and services produced is considered the size of the economy.

Also, as the GDP is an indicator of how the economy is doing, businesses tend to use it to predict if the sector will grow or not.

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Stephanie and Mallory are working to identify the work performed and the working conditions for each job within Acme Global. The
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In January, 20XX a customer buys 100 shares of ABC stock at $50 per share and pays a $2 commission per share. The customer recei
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Answer:

$ 52

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Given data:

Price of the stock = $ 50

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3 years ago
Manson Industries incurs unit costs of $6 ($4 variable and $2 fixed) in making an assembly part for its finished product. A supp
Hatshy [7]

Answer:

Explanation:

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Variable manufacturing costs      $54,000        $0            $54,000

Fixed manufacturing costs           $27,000      $27,000     $0

Purchase price                              $0                $67,500    -$67,500

Total annual cost                          $81,000      $94,500    -$13,500

Conclusion: Manson Industries should make the part as making part save cost than buying it.

<u>Workings</u>

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Variable manufacturing costs  13500*4      0

Fixed manufacturing costs       13500*2      13500*2

Purchase price                           0                 13500*5

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3 years ago
The government challenged the acquisition by Procter &amp; Gamble (P&amp;G) of Clorox. Clorox was the leading manufacturer of li
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Answer:

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