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3 years ago

Real GDP per capita is NOT an adequate measure of

Business

1 answer:

mrs_skeptik [129]3 years ago

5 0

Answer:

The correct answer is the well-being of each person in an economy.

Explanation:

Also known as the "Standard of living", this is something that cannot be reflected from the per capital income, whether it's nominal or real. The reason is when you divide the GDP from the population, the assumption is all the GDP is distributed among the population equally.

But this is not the case in the real world and there are many variances, discrimination, discrepancies and inequalities when the wealth and resources are distributed.

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Benz Company is considering the purchase of a machine that costs $100,000, has a useful life of 18 years, and no salvage value.

Marysya12 [62]

Answer:

B. $14,600

Explanation:

The annual cash inflows associated with the machine can be found by the following expression, where 'r' is the company's discount rate of 12% and 'n' is the useful life of the equipment of 18 years:

$-investment+ X*\frac{(1 - (1 + r)^{-n})}{r} =NPV\\\\-\$100,000 + X*\frac{(1 - (1 + r)^{-n})}{r} =\$5,850\\-\$100,000 + X*\frac{(1 - (1 + 0.12)^{-18})}{0.12} =\$5,850\\X=\frac{\$105,850}{7.25} \\X=\$14,600$

Annual cash inflows are $14,600.

8 0

3 years ago

The demand for most products varies directly with changes in consumer incomes. Such products are known as_________.

Alisiya [41]

Answer:

Normal goods

Explanation:

In simple words, normal goods refers to the goods which re necessary for the survival for the survival for re consumer and the consumer do not take its quality into consideration while making a purchase decision.

The demand for such goods have a positive relationship with the income of consumer, that is, when the income or wages of consumer increase the demand for such goods also increases and vice versa.

The increase in demand for normal goods by consumer is sometimes also seen as an indicator of an economic growth. Clothes, vegetable and medicines are some of the many examples of normal goods.

3 0

3 years ago

Read 2 more answers

When an organization selects a single, primary target market and focuses all its energies on providing a product to fit that mar

sammy [17]

Answer:

Concentrated Targeting Strategy

Explanation:

Concentrated Targeting Strategy refers to a situation in which an organization focus its marketing efforts on only a specific segment of the market. That is, only one marketing mix is developed.

Concentrated Targeting Strategy allows the producer focus on the needs and wants of a particular segment of the consumers/ population. The producer directs all it's efforts to the satisfaction of a segment of the consumers.

Concentrated Targeting Strategy could be disadvantageous if the demand of the focused segment of consumers is low. Low demand will affect the financial position of an organization.

5 0

3 years ago

he units of Manganese Plus available for sale during the year were as follows: Mar. 1 Inventory 22 units @ $29 $638 June 16 Purc

Mama L [17]

Answer:

Thus, difference in gross profit = $144 + $144 = $288

Profit as per FIFO is higher than profit as per LIFO

Explanation:

In the given case, as per both the methods computation shall be as follows:

Date Quantity Rate Amount

Mar 1 22 units $29 $638

Jun 16 31 units $30 $930

Nov 28 41 units $37 $1,517

Total 94 units $3,085

Closing units = 18

That means sales = 94 - 18 = 76 units

Thus as per LIFO cost = 41 units @ $37 + 31 units @ $30 + 4 units @ $29

= $2,563

Closing stock = 18 units @ $29 = $522

As per FIFO cost = 22 units @ $29 + 31 units @ $30 + 23 units @ $37 = $2,419

Closing stock = 18 units @ $37 = $666

Thus, difference of closing stock = $666 - $522 = $144

Profit as per FIFO is higher by $144

Cost is higher in LIFO by $2,563 - $2,419 = $144

Thus, difference in gross profit = $144 + $144 = $288

6 0

3 years ago

Between which two years was the greatest percentage decrease in gdp per

Alecsey [184]

the diffrence bewteen 2 and one it comes and goes like days

4 0

3 years ago

Read 2 more answers