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4 years ago

Which goods would be included in the calculation of GDP

1 answer:

7 0

The simplest way to explain it is that the GDP includes all of the goods that have been produced in a specific time frame, usually one year. The GDP is measured for each country separately, though it can also be measured by organization, region, etc. To be more specific, the final goods that the GDP includes in it include all of the public and private consumption, investments, construction costs, government outlays, additions to private inventories, as well as the foreign trade balance. The GDP is often used to describe a country's economy and the living standard, but it is far from the best measure for those things.

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The histogram below represents the number of television sets per household for a sample of u.s. households. what is the minimum

ladessa [460]

Answer: 5 Households

Explanation:

The y-axis shows the number of households using a certain number of TV sets while the x-axis shows the number of TV sets that households own.

There are only 5 households that own 5 televisions sets. This is the lowest number of households that own the same number of television sets and this makes sense because owning 5 television sets in a single household is not something that is usually seen.

3 0

3 years ago

After conducting a market research study, Magnificent Manufacturing decided to produce a new interior door to complement its ext

marta [7]

Answer:

Target sales revenue = $7,830,000

Explanation:

given data

target price = $270

annual target sales volume = 29,000

target operating income = 40%

to find out

Target sales revenue

solution

we will get here Target sales revenue that is express as

Target sales revenue = target price × annual target sales volume .................1

put here value we get

Target sales revenue = $270 × 29000

Target sales revenue = $7,830,000

6 0

4 years ago

3.1. Explain which of the following approaches to strategy formulation is more likely to generate economic profits: (a) evaluati

Radda [10]

Answer:

Option B.

Explanation:

Employing internal based resources gives a better competitive edge to an organisation as those resources are already in place. This eliminates extra cost of getting new funding or resources as in option A.

5 0

4 years ago

A firm's attempts to shorten the length of time a process takes, may lead to disappointing outcomes because of ______.

liraira [26]

A firm's attempts to shorten the length of time a process takes may lead to disappointing outcomes because of time compression diseconomies.

<h3>What are time compression diseconomies?</h3>

According to time compression diseconomies, which are defined as inefficiencies that arise when work is done more quickly, the cost of building a competency will rise exponentially as the amount of time permitted to do so decreases.
Not every subsidiary deals with time compression diseconomies to the same extent.
The date of a later subsidiary formation may affect how strong TCD is. Early-established subsidiaries may have greater TCD than later entries due to two factors.
First, for late movers, vicarious learning may lower TCD. Second, TCD is made worse by the higher environmental uncertainty that early mover subsidiaries frequently experience.
TCD explains why the well-studied relationship between the level of multi-nationality and business success is negatively moderated by the rate of overseas expansion.

To learn more about Diseconomies refer to:

brainly.com/question/14563017

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4 0

2 years ago

Biologists want to know how many fish are in a certain lake. on january 1, they removed 600 fish from the lake and tagged them.

Alenkasestr [34]

Biologists collected a random sample of 850 fish and 25 of them had been previously tagged. 850 : 25 = 34. It means that about 1/34 of all the fishes in the lake had been tagged. Therefore 600 * 34 = 20,400.
Answer: Based on this experiment, in the lake lives 20,400 fishes.

5 0

3 years ago