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-Dominant- [34]
3 years ago
13

A method often used by economists to look at distribution of income in a society's economy involves:__________

Business
1 answer:
goblinko [34]3 years ago
3 0

Answer:

Quintiles, or dividing a whole group into fifths

Explanation:

Income can be described as the amount of money gotten from the sale of a particular good or service. In a country with a large population, it is necessary that the income generated in the country be distributed among the population.

This distribution is important for the development of a country as it helps to reduce the poverty rate.

Income distribution can be defined as the process in which a country gross domestic product is shared among the population. GDP is the amount of money acquired by a country after the sale of goods and services.

Quintiles method is carried out by categorizing all households according to the amount of income that is earned. This classification is done by grouping them from the lowest amount of income to the highest amount. These households are then divided into five groups with each of them having equal number of persons.

Hence economists make use of the quintiles method or dividing a whole group into fifths because it is very effective in income distribution.

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Azzura is comparing different cars and believes that the sedan has a better mix of benefits in relation to price than the sports
nlexa [21]

The comparison of different cars and believes that the sedan has a better mix of benefits in relation to price is known as B2B marketing.

<h3 /><h3>What is B2B marketing?</h3>

Business-to-business (B2B) is a form of transaction between businesses, a wholesaler and a retailer.

Business-to-business is conducted between companies, instead of a company and individual consumer.

Hence, the comparison of different cars and believes that the sedan has a better mix of benefits in relation to price is known as B2B marketing.

Learn more about B2B marketing here: brainly.com/question/26506080

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4 0
2 years ago
Jose is opening a small restaurant. On weekends, he works with his cousin to construct the tables, chairs, and counters that wil
aalyn [17]

The combined efforts of Jose and his cousin in the <em>building and creation</em> of his small restaurant is referred to as:

  • sweat equity

<h3>What is Sweat Equity?</h3>
  • Sweat equity is a term used to described the contribution made during the star-up of a business, project or enterprise which are in form of hard-work or effort.
  • Sweat equity is usually common for small start-ups where the owners do the actual work themselves to save cash or when they are unable to contribute financially for the start-up.

Therefore, the combined efforts of Jose and his cousin in the <em>building and creation</em> of his small restaurant is referred to as:

  • sweat equity

Learn more about sweat equity on:

brainly.com/question/7305328

7 0
2 years ago
Who appoints the members of the given branch in the United States?
german
T<span>hree parts. They are the </span>Executive,<span> (President and about 5,000,000 workers) </span>Legislative<span> (Senate and House of Representatives) and </span>Judicial<span> (Supreme Court and lower Courts).</span>
5 0
3 years ago
Read 2 more answers
Philip is a new manager of a 15 person manufacturing operation. His predecessor has handed him a complete annual plan (with budg
romanna [79]

Answer:

Phillip is stunned because he has not been attending to the management function of "controlling".

Explanation:

The four management functions are; planning, organizing, leading and controlling.

Controlling involves monitoring the processes and activities involved as an organization works, according to laid down plans, towards achieving set goals and objectives.

<em>Phillip is stunned because he has not been monitoring comparing the progress made so far with the strategic plan (i.e. he has not been controlling the strategy implementation activity).</em>

4 0
4 years ago
Using percentages or ratios based upon unforeseen differentials in prices, Forward Pricing Rates Agreements (FPRAs) protect the
krok68 [10]

Rates for corporate outings is NOT an example of an FPRA rate

Explanation:

The FPRA is an agreement between an entrepreneur and a governmental agency in which some indirect charges are determined over a set period of time. All such rates are price forecasts used for cost agreements and contract changes.

By using an FPRA the contracting system can be accelerated by removing the need for audit and analysis of rates. The Contracting Officer (COO) oversees the prices of the contracting party. The ACO should always be asked any questions about the prices. After a FPRA is reached, a copies of the agreement should always be provided for in any ensuing proposal.

6 0
3 years ago
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