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tatuchka [14]
3 years ago
14

gdp is the best measurement of a country's economy. explain why you agree or disagree with this statement

Business
1 answer:
Sonja [21]3 years ago
3 0
GDP is designed to assess the production of goods in a market economy by output. However, it is not efficient in accounting for public and private services that without output that are easily countable by the number of units produced. GDP is not also well suited in measuring improvements in the diversity and quality of goods and services. It is also poor in estimating the depletion of resources. Finally, it doesn't also reflect the degradation of the environment involved in the production process.
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A sole proprietorship that began business's May 1, 2018, incurred $9000 of startup expenses. If the business elects to report th
labwork [276]

Answer:

Option (C) $178

Explanation:

Data provided in the question:

Startup expense incurred by the business = $9,000

Now,

The start-up costs and organizational expenses are deducted over a time period of 180 months

also,

$5,000 can be deducted in the first year by the startup expense.

Therefore,

Amortization amount reported as a "other expense" on Schedule C per month

= [ Startup expense - $5,000 ] ÷ 180

= [ $9,000 - $5,000 ] ÷180 = $22.22

for the year = $22.22 × Number of months left in the year from May

= $22.22 × 8

= 177.78 ≈ $178

Hence,

Option (C) $178

3 0
3 years ago
The maximum production of an oil refinery is 1400 barrels per day. The refinery can produce two types of fuel: gasoline and heat
qwelly [4]

Answer:

Maximum total profit = $4,800

Explanation:

When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in such a way that it maximizes the contribution per unit of the scare resource.

Therefore the Company should allocate the budget cost  to maximize the profit per production cost. This is done as follows:

Calculate the profit per budget cost and rank the product

                                              Gasoline      Heating oil

Profit per product cost         3/6=0.5                    4/8= 0.5

The two products produce the same profit per dollar of cost which is $0.5. So, they are equally ranked.

So the total profit= the budget cost × profit per budget

                           = 9,600× $0.5 =$4,800

Maximum total profit = $4,800

7 0
3 years ago
The goal of channels of distribution is to move products from producers to
Delvig [45]

Answer:

Final consumers

Explanation:

The goal of channels of distribution is to move products from producers to final consumers, that is, by bridging the gap between the producer and the consumer by bringing the product or service to the final buyer or consumer. Products and services may go through channel members known as intermediaries which include wholesalers, retailers, distributors.

7 0
3 years ago
When using the indirect approach to organize your negative news message, you should open with a(n) ________.
miskamm [114]

There are five different methods to begin a statement with unfavorable news, but the most appropriate one is to use a buffer statement.

<h3>What are the statements?</h3>

Statements are sentences that can either be true or untrue. As a result, a statement is a claim that something is true or false.

The Four Types of English Sentences:

  • the sentence that makes a message (a statement)
  • interrogative phrase (question)
  • the sentence that must be completed (command)
  • exclamatory phrase (exclamation)

As a result, in the following scenario, you should utilize the buffer statement to open any unfavorable news.

Learn more about the statement:

brainly.com/question/17238106

#SPJ1

3 0
2 years ago
Moe is an average worker stuck on a team of complacent workers. Nick is an innovator who produces triple the amount of the avera
VLD [36.1K]

Answer:

Wyatt

Explanation:

High outcome interpendence is a concept that encourages cooperation between members on a team. It shows that if a team wins all members will benefit, and if the team fails all members will be adversely affected.

In this scenario Wyatt who is a slacker in the team of Nick will stand to gain more.

In a high outcome interpendence scenario Nick will be forced to improve on the performance of Wyatt in order to meet team objectives.

The other average workers will only gain a little from increased cooperation.

5 0
3 years ago
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