The number of units of developing country currency required to purchase a basket of goods and services in a developing country that costs one dollar in the US is given by Purchasing power parity. Thus the correct option is C.
<h3>What is Service?</h3>
Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.
When a country's money is convertible into another country's currency, the number of products and services that can be purchased in each country at the same price is equal. This is known as purchasing power parity.
So, Purchasing power parity determines how many units of an emerging country's currency are necessary to purchase a basket of products and services in that country that cost one dollar in the United States.
Therefore, option C is appropriate.
Learn more about Purchasing power parity, here:
brainly.com/question/28199500
#SPJ1
The complete question is
he number of units of developing country currency required to purchase a basket of goods and services in a developing country that costs one dollar in the U.S. is given by?
a. GNI price deflator.
b. Human Development Index ranking.
c. Purchasing power parity.
d. The exchange rate.
Answer:
The major attraction of S corporations is that they avoid the problem of double taxation
Explanation:
Am S corporation is also called a small enterprise corporation that providers liability protection for its owners.
The business is considered.to.ba an independent entity, so if the corporation is liable to pay a judgement sum the owners will not be asked to use their personal funds to repay.
One key feature.os S corporation is that tax is passed along. The tax to be paid by the business is transfered to the owners.
So taxis only paid once. This avoids double taxation where the business is taxed and owner also taxed.
815,000 is the total cost for period of december
Answer: Material Efficiency
Explanation: Material Efficiency is concerned with the use of physical processes that uses less material to produce higher outputs using recycled materials thereby reducing wastes.
Material efficiency uses the strategy of re-manufacturing and modular manufacturing, reuse and recycling of product components, using less material in product designs and redesigning manufacturing processes to use less energy, less water and less raw materials.
Material efficiency help not only in reducing manufacturing costs but also in reducing wastes and associated costs.
Answer:
total cost of producing 100 units is $4700
Explanation:
given,
Fixed cost = $200
Total cost = $4,000
The total cost of n units = total cost of (n-1) units +marginal cost of nth unit
The total cost of 100 units= total cost of 99 units+marginal cost of 100th unit
The total cost of 100 units = $4000 + $700
=4000+700
=$4700
the total cost of producing 100 units is $4700
