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Misha Larkins [42]
3 years ago
8

Per capita GDP is the most practical way to:

Business
1 answer:
leva [86]3 years ago
7 0

Answer:

b) Measure how much output is potentially available to the average person.

Explanation:

GDP is the total value of goods & services produced by an economy, during a period of time.

By Expenditure method :

GDP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports

Per Capita GDP is the average GDP per person in population.

Per Capita GDP = GDP / Number of population.

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Which practice allows producers the right to choose or reject the channel member with which they will do business?
Westkost [7]

Refusal to deal allows producers the right to choose or reject the channel member with which they will do business.

Producers have the right to choose or reject the channel members with which they will do business; Suppliers may not legally refuse to deal with wholesalers or dealers merely because these wholesalers or dealers resist policies that are anticompetitive or in restraint of trade

<h3><u>What is refusal to deal ?</u></h3>

In general, every company can select its commercial partners, including monopolists. A company with market strength, however, can be restricted in this flexibility under some situations. Focus is placed on how the refusal to deal aids the monopolist in maintaining its monopoly or permits the monopolist to use its monopoly in one market to attempt to monopolize another market as courts work to define those rare instances in which a firm with market power may violate antitrust law by refusing to do business with other firms.

Sometimes the refusal to do business is with clients or suppliers, barring them from doing business with a competitor: "I refuse to do business with you if you do business with my competitor."

To view more about refusal to deal,refer to:

brainly.com/question/3463575

#SPJ4

8 0
1 year ago
Jiminez, Inc., had the following transactions during the month of March 2015. Prepare an income statement based on this informat
vladimir1956 [14]

Answer:

net income     4,385

Explanation:

The income statment will only include revenues and expenses account.

A revenue will be the gain realized from the business main activity or secondary like interst or rental revenues.

While expenses will be the cash erogation or losses iincurred in the business activities, their financing like interest expenses and other.

revenues       9,850

expenses     <u>  5,465   </u>

net income     4,385

The loan is not an expense. It wil lbe the interest it generated but we aren't given with that information

The dividends also aren't an expense they represent the return to the investors.

5 0
4 years ago
An entrepreneur purchased an existing bicycle shop that had between $120,000 and $150,000 worth of sales annually for the past t
stepan [7]

Answer:

Forecasted sales: 25% maximum reduction.

Recommendations: try new ways to increase sales during the months left, or reduce its own cost.

Explanation:

  • If sales usually increase between March 1 and June 30, and this period accounts for 50% of annual revenue, if revenue is proportional to sales, a reduction in sales will reduce revenues.
  • Between March 1 and June 30 there are 4 months.
  • If sales usually pick up in March and this year they were low until the beggining of May, it means that  only 2 of the 4 most productive months were higly productive.
  • If 50% of sales are concentrated in this 4 months, and this year 2 of the 4 months were not really productive, a maximum 25% of sales (and hence of revenues) may have lost.
  • Therefore, revenues may lower by 25% this year.
  • To avoid losses, it is advisable to try new ways to increase sales during the months left, that can consist on doing some advertisement and promotions (related to health care linked to exersice for example), that helps increasing sales in the months left, to compensate the looses of the 2 months. If sales cannot be increased, it is advisable to reduce cost to avoid further looses.
6 0
3 years ago
Question 13 Pina Colada Corp. has the following inventory data: July 1 Beginning inventory 108 units at $19 $2052 7 Purchases 37
schepotkina [342]

Answer:

Endign inventory cost= $3,708

Explanation:

Giving the following information:

Purchases 378 units at $20

Purchases 54 units at $22

<u>Under the FIFO (first-in, first-out) method, the ending inventory is calculated using the cost of the lasts units incorporated into inventory:</u>

Ending inventory in units= 180

Endign inventory cost= 54*22 + 126*20

Endign inventory cost= $3,708

5 0
3 years ago
1. Describe your business idea. (1-5 sentences. 2.0 points) TIP: This should be the same business idea you came up with in the f
Norma-Jean [14]

Answer:

Explanation:

in booths to attract in-person attention. Online, customers will be able to see all the variety of necklaces we have available and learn about our products. 5. If your company grows big enough to hire sales people, will you set sales quotas or use commissions? Why or why not? (1-2 paragraphs. 5.0 points) I would use commissions. This is because it is more economical for the company, only having to pay sales people when they successfully sell a product. It would motivate the sales people to sell more products because they know they benefit from it. Although it can pressure them sometimes, I feel like it would be the best route to take

4 0
4 years ago
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