Answer:
Nominal GDP for year 2010 = $7,650
Explanation:
Nominal GDP measures the market value of all goods and services produced in an economy at current prices, normally in a year. Current prices are the prices of the year I want to know the GDP. In this case, our current prices are 2010 prices. To know the nominal GDP, we must multiply the quantities produced by their current prices:
Nominal GDP= 550*$3+6*$1000=$7,650
Answer:
The correct answer is B
Explanation:
Collaborative Problem Solving is the tool or a technique which is used for solving the problems and it makes the explicit respond.
The initiator is the person who initiates the response in the problem in order to solve the problems.
So, the vital as well as primary thing for the initiator is to avoid making the evaluative or measured conclusions as well as attribute the motives or purpose to the respondent, whose query it is.
<span>the part of the development process where Dan Kim does his research on his ideas is called innovation which is where new ideas are transformed into new products</span>
Answer:
B) It accumulates product costs by production departments.
Explanation:
Process cost is used to ascertain the cost of a product at all stages of production. Total cost is an addition of all the individual process costs. Usually this is used in companies that produce homogeneous goods.
For example manufacturers for processed foods, and chemicals.
Answer:
The linear communication model explains the process of one-way communication, whereby a sender transmits a message and a receiver absorbs it. It's a straightforward communication model that's used across businesses to assist with customer communication-driven activities such as marketing, sales and PR.
Explanation:
