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Olegator [25]
3 years ago
5

The intangibility aspect of a service means that

Business
1 answer:
atroni [7]3 years ago
4 0

The intangibility of a service means that it cannot be touched, therefore it also cannot be stored for future use.  

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Select all that apply.
tino4ka555 [31]

Answer:

adding up consumption, investment, government expenses, and net exports

adding up the market prices of final goods and services produced in the U.S

adding up the incomes of producers and taxes paid to the government

Explanation:

GDP is a measure of the sum value of a country's output in a given period. The GDP value reflects economic growth or decline in a country for the period under review.

GDP is calculated using three methods. They include the income, production, and expenditure approach.

In the Income approach, economists add up all the earnings from the factors of production. Wages and salaries of all employees; the profits from businesses and corporates' ; rents, and interests form landlords are summed up to get GDP. Adjustments are made to cater for the taxes paid to the relevant government agencies. ( 4th option)

The production approach involves getting the value of all the finished consumer goods and services in the economy. The approach excludes intermediary goods and work-n progress. GDP is obtained by adding the total of the finished products and services and multiplying them by their prices. (3rd option)

The consumption option applies a formula that GDP = C+G+I+ NX, where C is private consumption expenditure,  G is government consumption and investment expenditure, and I in private investment expenditure. NX is the net imports. ( 1 st option )

4 0
3 years ago
The Fish House is expected to pay annual dividends of $1.23 and $1.25 at the end of the next two years, respectively. After that
lorasvet [3.4K]

Answer:

c. $8.05

Explanation:

Calculation to determine What is the value of this stock at a required return of 16.4 percent

First step is to calculate the P2

P2 = ($1.35/.164)

P2= $8.23

Now let calculate the value of the stock

P0 = [$1.23 /1.164] + [($1.25 + 8.23)/1.164^2]

P0 = $8.05

Therefore the value of this stock at a required return of 16.4 percent is $8.05

4 0
3 years ago
State as either a positive or normative statement. An op-ed piece in a newspaper urging the adoption of a particular economic po
Veronika [31]

Answer:

The correct answers are: Normative; Positive.  

Explanation:

The positive economy is based on specifying and demonstrating what is happening in the economy, responds to economic issues from reason and with an objective point by which things happen, focuses on determining everything that could affect it and the results that will be obtained by final.

No advice is given to remedy economic problems, rather, it describes the problems that affect the economy without mentioning whether the results will be positive or negative.

7 0
3 years ago
Which factors indicate the economic development of a country?
Lostsunrise [7]

Answer:

Six Factors That Affect Economic Growth

Natural Resources. The discovery of more natural resources like oil, or mineral deposits may boost economic growth as this shifts or increases the country's Production Possibility Curve. ...

Physical Capital or Infrastructure. ...

Population or Labor. ...

Human Capital. ...

Technology. ...

Law.

3 0
3 years ago
Read 2 more answers
Creswell Corporation's fixed monthly expenses are $29,000 and its contribution margin ratio is 56%. Assuming that the fixed mont
lions [1.4K]

Answer:

the company will have an operating income of $24,200 at sales level of $95,000

Explanation:

<u>Target profit formula:</u>

Fixed cost 29,000

Sales revenue  95,000

Contribution Margin Ratio 56% = 0.56

from each dollar of sales 56 cents remains to afford fixed cost and make a gain:

95,000 x 0.56 = 53,200 contribution

less 29,000 fixed cost = 24,200

6 0
3 years ago
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