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vlabodo [156]
3 years ago
8

An increase in the standard of living results from an increase in which of the following?​

Business
2 answers:
AleksAgata [21]3 years ago
8 0

Answer:

Income and employment.

Explanation:

The increase in the quality of life of the people of a country occurs when, compared to an earlier time, people are in a better financial situation that can provide greater access to goods and services. This is the result of improvements in the labor market and consequently income. When the economy is in a boom, labor productivity increases and more jobs are generated. Many of them with better compensation opportunities. This effect across society increases income and thus people's average standard of living. Therefore, the correct answer is income and employment.

Alenkinab [10]3 years ago
7 0

Income and employment.

Standard of living is the level of wealth and comfort available to individuals.

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Nelson Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annu
Katyanochek1 [597]

Answer:

14.74 %

Explanation:

Accounting rate of return = Average Profits / Average Investment x 100

therefore,

Accounting rate of return = ($100,000 - $65,000) / $237,500 x 100

                                           = 14.74 %

where,

Average Investment = ( initial investment + scrape value ) ÷ 2

3 0
3 years ago
What are the three main goals of monetary policy?
MakcuM [25]
The three objectives of monetary policy are :
-controlling inflation
-managing employment levels
-maintaining long term interest rates.

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6 0
3 years ago
Bragmore is a successful businessman who
Marysya12 [62]

Bragmore should lend his spare pair of goggles to his primary competitor Aprince and should play fair.

<u>Explanation:</u>

Winning is very important in a competition but more than winning what matters more is playing fair and playing hard to compete with your competitors where every one is given equal chances to show their strength and capabilities.

Even though not giving goggles to his primary competitor will increase the chance of Bragmore to win the race easily and he will win the cash prize but that would not be a fair fight. So he should fight giving equal opportunities to his competitor also and give his spare goggles to his competitor.

8 0
3 years ago
The balance in Unamortized Discount on Bonds Payable
Irina-Kira [14]

Answer:

Correct option is (a)

Explanation:

Any difference in the amount of par value of bond and the cost at which it was acquired. The organization can either choose to expense the discount or held the same as an asset that is amortized over the years till maturity of bond.

Unamortized discount is the amount that is not yet expensed. The same is reported on the balance sheet as a deduction from face value of bond.

4 0
4 years ago
Cool Fan Company sells 10,000 units to wholesalers each year at $60 per unit. The materials cost $10 per fan and unit labor cost
eimsori [14]

Answer:

e. $ 350,000

Explanation:

Given: Total number of units= 10000.

           Selling price= $60 per unit.

           The material cost= $10 per fan

           Labor cost= $15 per unit.

           Promotion and marketing cost= $100000.

           Facility expense= $80000.

           Other overhead cost= $20,000.

Now, finding the variable cost of fan.

Variable cost= Total\ material\ cost + Labor\ cost

Variable cost= (\$ 10\times 10000+ \$ 15 \times  10000)

⇒ Variable cost= \$ 100000+\$ 150000= \$ 250000

∴ Variable cost= $250000.

Selling price= (\$ 60\times 10000)= \$ 600000

∴ Selling price of fan is $600000.

Unit contribution= (selling\ price - variable\ cost)

Next find the unit contribution of each fan.

⇒ Unit contribution=  (\$ 600000 - \$ 250000)

∴ Unit contribution of each fan is $350000.

8 0
3 years ago
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