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White raven [17]
3 years ago
13

The calculation of GDP does NOT include the value of:________1. Michelin tires purchased by Canadian car collectors. 2. Goodyear

tires purchased by the United States Secret Service. 3. Bridgestone tires purchased by Ford Motor Co. 4. Firestone tires sold at your local garage.
Business
1 answer:
ExtremeBDS [4]3 years ago
5 0

Answer:

3. Bridgestone tires purchased by Ford Motor Co.

Explanation:

GDP refers to the total value of all the goods and services produced in a country. Calculation of GDP involves adding up all the values of finished goods and services and multiplying them by their prices.  For accuracy purposes, and to avoid double-counting, economists consider finished consumable products only.

When capital goods are included in GDP, they are likely to be counted again in the final product. The tires purchased by the car collectors, secret services, and at the garage are for consumption. The customers will use them as the end products. Tires purchased by Ford motors will be used in the production of motor vehicles. They are capital goods or goods used in manufacturing other goods. They are not included in GDP calculation.

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During a recent​ month, Cali Company planned to provide cleaning services to 30 customers for $ 31 per hour. Each job was expect
11111nata11111 [884]

Answer:

Option (D) is correct.

Explanation:

Expected Revenue = 30 Customers × 4 hours each × $31 per hour.

                                 = $3,720

Actual Revenue = 40 Customers × 3.5 hours each × $31 per hour.

                            = $4,340

Increased Revenue = $4,340 - $3,720

                                 = $620

Therefore, Cali​'s revenues for the month were 620 more than expected.

5 0
3 years ago
A situation (SWOT) analysis requires a firm to consider the external forces and trends that affect it. Some of these may be favo
weqwewe [10]

Answer:

A local government requires that all businesses within the city limits must recycle or be fined. EXTERNAL FACTOR NOT CONTROLLED BY THE COMPANY, THIS IS A TYPE OF GOVERNMENT REGULATION.

Explanation:

  • Shareholders are rewarded with a sizeable dividend check.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.
  • A hiring freeze is put into place. Although no one is fired, no one can be hired.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.
  • A goal is set to close the gap between production costs and profits.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.
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8 0
3 years ago
Each unit of a product requires 5 components. The average number of components is 5.50 due to component failure. Purchasing high
Evgesh-ka [11]

Answer:

correct option is d. $225

Explanation:

given data

product requires  = 5 component

average number of components = 5.50

reduce average number of components = 5 per unit

cost per component = $450

solution

we get here reduction in failure costs per unit due to purchasing that is express as

reduction in failure costs per unit due to purchasing = ( average number of components - product requires ) ×  cost per component   .......................1

put here value and we get

reduction in failure costs per unit due to purchasing = ( 5.50 - 5 ) × $450

reduction in failure costs per unit due to purchasing = $225

so correct option is d. $225

4 0
3 years ago
The firm's policy is to have finished goods inventory on hand at the end of the month that is equal to 70 percent of the next mo
Dahasolnce [82]

Answer:

\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]

MISSING INFORMATION ATTACHED

Explanation:

\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]

The sales forecasted plus the desired ending inventory is the complete needs the sales department expect to be fullfill

Then, as the company has a beginning invneotry each period a portion of this needs is already fullfil thus, the difference are the production requirements.

7 0
4 years ago
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Nataly_w [17]

Answer:Hospitals have adopted medical technology such as using robotic surgeries, artificial organs

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So these technologies help them predict future conditions to optimize supply and maintain cost.

6 0
3 years ago
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