All categories

2 years ago

_____ is Gross Domestic Product divided by a country's population.

Business

2 answers:

AlladinOne [14]2 years ago

8 0

Answer:

GDP per capita

Explanation:

GDP is the sum of all goods and services produced by an economy over a given period of time. It is the main indicator of a capitalist economy, since it is the GDP that earns the wealth of the nation. Per capita GDP is an indicator that aims to measure the average wealth of a country's population. To calculate GDP per capita, the value of GDP is divided by the total population of the country.

kicyunya [14]2 years ago

3 0

Answer: The answer is GDP per capita.

GDP per capita is Gross Domestic Product divided by a country's population.

Explanation: Gross Domestic Product (GDP) per capita refers to dividing the country’s Gross Domestic Product by its population. It measures the country’s economic output that account for the country’s total population. Gross Domestic Product (GDP) per capita is the best measurement of a country’s standard of living.

Gross Domestic Product means the total number of goods and services produced in the country within a year.

You might be interested in

your supervisor, ashby, wants you to make an appointment for her to meet with a friend of yours, kevin. she wants to make a sale

Novay_Z [31]

Coercion is used by Ashby as she threatened to withhold your promotion if you don’t make the appointment.

<h3>What is Coercion?</h3>

The Indian Contract Act's Section 15 defines coercion as "committing or threatening to commit any act prohibited by the Indian Penal Code, or unlawfully detaining, or threatening to detain, any property, to the prejudice of any person whatsoever, with the intention of causing any person to enter into an agreement."

<h3>Give an example of Coercion.</h3>

For instance, if B refuses to sell his house to A for 5 lakh rupees, A may threaten to harm him. Here, even if B sells the house to A, the agreement won't be enforceable because B's cooperation was coerced. Now, coercion has the result of rendering the contract void.

Learn more about coercion here:
brainly.com/question/9000630
#SPJ4

3 0

11 months ago

Krepps Corporation produces a single product. Last year, Krepps manufactured 33,100 units and sold 27,800 units. Production cost

AfilCa [17]

Answer:

The correct answer is $95,400 lower than absorption costing.

Explanation:

According to the scenario, the given data are as follows:

Units manufactured = 33,100

Sold units = 27,800

So, Units in ending inventory can be calculated as follows:

Units in ending inventory = Units manufactured - Sold units

= 33,100 - 27,800 = 5,300 units

Now, Fixed manufacturing OH = $595,800

So, we can calculate the fixed manufacturing OH per unit by using following formula:

Fixed manufacturing OH per unit = $595,800 ÷ 33,100 = $18

So, Difference in net income for the year can be calculated as follows:

Net income difference = Fixed manufacturing OH per unit × Units in ending inventory

= $18 × 5,300 units = $95,400

Hence, The net income in variable costing is $95,400 which is lower than in absorption costing.

7 0

3 years ago

A company uses the following standard costs to produce a single unit of output. Direct materials 7 pounds at $0.60 per pound = $

Naddika [18.5K]

Answer:

Direct material price variance= $20,100 unfavorable.

Explanation:

Giving the following information:

Direct materials 7 pounds at $0.60 per pound = $ 4.20

During the latest month, the company purchased and used 67,000 pounds of direct materials for $.90 per pound to produce 10,000 units of output.

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (0.60 - 0.90)*67,000= $20,100 unfavorable.

7 0

3 years ago

A firms total cost function is: TC= 500 + 150q - 20q2 + q3 what is the dollar value at the minimum of the average variable cost

Pavlova-9 [17]

Answer:

the correct answer is $150

Explanation:

TC=500 + 150q - 20q^2 + q^3

AVC=(150Q-20Q^2+Q^3)/Q

=150-20Q+Q^2

When AVC is at its minimum means that the marginal cost( CM) is igual to AVC, so we could consider this analysis:

CM= d(TC)/dq =150-40Q+3Q^2

CM=AVC

150-40Q+3Q^2=150-20Q+Q^2

Join similar terms:

150-150-40Q+20Q+3Q^2-Q^2=0

0-20Q+2Q^2=0

Q(-20+2Q)=0

Q_1=0 y Q_2=20/2=10

with q_1 with q_2

150-40*0+3*0=150-20*0+0 150-40*10+3*10^2=150-20*10+10^2

$150=$150 150-400+300 =150-200+100

$50= $ 50

We have two solution if we assume that q=0 like the minimum then the results is $150.

f we assume that q=10 like the minimum then the results is $50.

5 0

3 years ago

If you discover a data breach you should immediately notify the proper authority and also:.

Kamila [148]

If the data breach poses an excessive hazard then we have to notify the proper authority and also to the ones people affected then they ought to be informed.

<h3>What is a Data breach?</h3>

A data breach refers to a safety violation, wherein sensitive, covered or exclusive records is copied, transmitted, viewed, stolen, or utilized by a person unauthorized to do so. Other phrases are accidental facts disclosure, records leak, facts leakage, and records spill.

therefore, If the data breach poses an excessive hazard then we have to notify the proper authority and also to the ones people affected then they ought to be informed.

Learn more about Data Breach here:

brainly.com/question/13696307

#SPJ1

6 0

1 year ago