All categories

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.

You might be interested in

When negotiating a business acquisition, buyers sometimes agree to pay extra amounts to sellers in the future if performance met

Lelechka [254]

Answer:

b. The fair value of the contingent consideration is included in the overall fair value of the consideration transferred, and a liability or additional owners' equity is recognized.

Explanation:

Measuring the fair value of contingent consideration for financial reporting is a complex process – based on a number of variable inputs, unique risk profiles, and potentially complicated payoff structures.

3 0

2 years ago

On May 1, 2018, Varga Tech Services signed a $75,000 consulting contract with Shaffer Holdings. The contract requires Varga to p

kenny6666 [7]

Answer:

Varga should recognize $50,000 revenue in 2018.

Explanation:

Revenue = $75,000 × 8/12 months

= $50,000

Therefore, Varga should recognize $50,000 revenue in 2018.

7 0

3 years ago

________ consist(s) of employees representing various functions of the company, such as R&D, design, production, marketing,

zubka84 [21]

Answer:

Cross functional teams

Explanation:

Cross functional teams is the term which is defined as the groups which are made up of the people from the different functional areas within the company or firm such as the human resources, marketing, sales, customer service and distribution.

Under this teams are effective as each member could address the business decision from different view points.

Therefore, the cross functional teams are the one which compromise of the employees stating the various company functions.

7 0

3 years ago

George Company has a relevant range of 150,000 units to 400,000 units. The company has total fixed costs of $527,000. Total f

Anestetic [448]

Answer: $0.54

Explanation:

Total cost = Fixed cost + Variable cost

$622,500 = $527,000 + Variable cost

Variable cost = $622,500 - $527,000

Variable cost = $95,500

Variable cost per unit will be calculated as the variable cost divided by the production unit. This will be:

= $95,500/176,000

= $0.54

The variable cost per units is $0.54.

8 0

2 years ago

A public good rev: 04_09_2018 Multiple Choice generally results in substantial negative externalities. can never be provided by

DochEvi [55]

Answer:

cannot be provided to one person without making it available to others as well.

Explanation:

A public good is a good that is non excludable and non rivalrous. It cannot be provided to one person without making it available to others as well. If one person is using it, it does not stop other people from using it also. An example of a public good is roads.

Public goods contrasts with club goods and private goods

A club good is a type of public good. It is excludable but non-rivalrous. For example paid streaming services are an example of a club good. Those who do not subscribe are excluded from using the service. But all subscribers have equal assess to the service

A private good is a good that is excludable and rivalrous.e.g. a privately owned car

6 0

3 years ago