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Yuki888 [10]
3 years ago
6

Expenses for items that we do not need are

Business
1 answer:
Arlecino [84]3 years ago
8 0
Expenses for items that we do not need are wants
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Why is real GDP a more accurate measure of an economy's production than nominal GDP? Nominal GDP is adjusted for the effects of
ad-work [718]

Answer:

Real GDP is not influenced by price changes, but nominal GDP is.

Explanation:

Real gross domestic product (Real GDP) is a measure of gross domestic product "in volume", that is, measured at constant prices. Changes in GDP linked to price variations (inflation or fall in prices) are thus neutralized, which allows a measure of economic growth.  

Real GDP is only used in practice to measure GDP growth from year to year, with nominal GDP remaining the benchmark measure for long-term data.

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Goods are physical items produced in an economy, such as computers, phones, and lawn mowers,
blagie [28]

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Not 100% sure what the question is but this is a true statement :)

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After being introduced to a higher-priced washing machine, the customer expresses a desire to purchase a lower-priced item. when
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Based on the scenario above, when this happens, the customer is likely to be engaging or to have a traded down. The trading down is being defined as having the quality of the product to be reduced in means of being able for the price to be suited for its consumers.

3 0
3 years ago
Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 150 employees and occupies 43,000
BaLLatris [955]

Answer:

b. $98,625.

Explanation:

Maintenance budget : $99,000

Assembly area: 43,000

Painting Area: 29,000

Maintenance budget allocated to assembly (M):

M=99,000*\frac{43,000}{43,000+29,000}\\M=59,125

Administration budget : $79,00

Assembly employees: 150

Painting employees: 150

Administration budget allocated to assembly (A):

A=79,000*\frac{150}{150+150}\\M=39,500

Therefore, the total amount of indirect factory expenses that should be allocated to the Assembly Department for the current period is:

A = M + P\\A= 59,125 +39,500\\A=98,625

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3 years ago
Why did laborers sign contracts with an x?
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Because they didn't know how to write their name and an X was easy. :)
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