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Bond [772]
3 years ago
12

Susan switches from going to Speedy Lube for an oil change to changing the oil in her car herself. Which of the following is cor

rect? The value of changing the oil is
a. included in GDP whether Susan pays Speedy Lube to change it or changes it herself.
b. included in GDP if Susan pays Speedy Lube to change it but not if she changes it herself.
c. included in GDP if Susan changes it herself, but not if she pays Speedy Lube to change it.
d. not included in GDP whether Susan pays Speedy lube to change it or she changes it herself.
Business
1 answer:
almond37 [142]3 years ago
4 0

Answer:

The correct answer is option b.

Explanation:

Changing oil is a service. Susan used to go to Speedy lube for changing the oil. She used to pay them in return for their service. This payment was included in GDP. But Susan switches from going to Speedy Lube for an oil change to changing the oil in her car herself.

When Susan is changing oil herself this will not be included in the GDP as she is doing it for herself and no one is paying her for it.

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Zapper has beginning equity of $293,000, net income of $69,000, dividends of $58,000 and stockholder investments of $24,000. Its
Yuki888 [10]

Answer:

$328,000

Explanation:

As we all know that:

Ending Equity = Opening Equity + Share Issues + Net Income – Net Loss – Dividends Paid

Here,

Opening Equity is $293,000

Money raised through Shares Issuance was $24,000

Net Income would be $69,000

Dividends paid were $58,000

There were no losses as their is Profit for the year (Net Income).

By putting values, we have:

Ending Equity = $293,000  +  $24,000   +  $69,000   -  $58,000

= $328,000

8 0
3 years ago
A marketing channel is defined as a group of individuals and organizations that
lisabon 2012 [21]

Correct/complete Question:

A marketing channel is defined as a group of individuals and organizations that

a. consumes about one-half of every dollar spent on products in the United States.

b. directs the flow of products from producers to customers.

c. links producers to other marketing intermediaries.

d. manages transportation and warehousing functions.

e. takes title to products and resells them.

Answer:

B, directs the flow of products from producers to customers.

Explanation:

A marketing channel refers to the persons and activities that are involved in the movement or transfer of goods from the manufacturer to the consumer within the supply chain.

It can also be said to a network of distributing good and services

I hope this helps.

3 0
3 years ago
The " 10 80 10 " rule as it applies to crowd management means
Sergeu [11.5K]

Answer:

reasons that in an emergency or crisis 10% of us are leaders; we have a plan, take action, and do the right thing. We seek direction and wait for someone to take the lead and tell us what to do. Finally, there are the “Doomed”; 10% of us that behave in counter-productive ways.

Explanation:

4 0
2 years ago
Why is having a long credit history with a few blemishes that were corrected better than a short history that is clear?
Bas_tet [7]

Answer:

Lenders don't like risk because it can lose them money, so they're cautious on who they're lending to. They do this by checking people's credit history. They prefer people who have longer credit history even with a few blemishes that are corrected rather than lending to people who have a short clear history mainly because they have little to no experience and can be unpredictable what they may do.

Explanation:

3 0
2 years ago
Donardo Inc. has some material that originally cost $68,400. The material has a scrap value of $30,100 as is, but if reworked at
lyudmila [28]

Answer:

Explanation:

For computing the incremental effect on the company's overall profit between reworking and selling the material rather than selling it as is as scrap, we have to do the comparison between these two.

The calculation is shown below:

= Scrap value of material - rework sale value

= $30,100 - $30,800

= - $700

The other items which are shown in the question are irrelevant for comparison. Thus, it is ignored.

Hence, the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as is as scrap is show a loss of $700

4 0
3 years ago
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