Answer:
a. The purchase of tutoring services from a tutor who holds citizenship outside the country but resides within the country
Explanation:
Gross domestic product knowns as GDP provide the total market value of all produced goods/service in a country within particular period of time. It allows to know the Economic growth rate of a particular country.
GDP can be analysed an calculated using three most common ways ;it can be through
1)expenditures
2)production
3) incomes.
It can be calculated by by the summation of all money spent by government or consumer at a particular period of time. Hence nominal GDP is the value.It gives measures on production. It should be noted that The purchase of tutoring services from a tutor who holds citizenship outside the country but resides within the country is included in the calculation of GDP.
The income elasticity in this case is 1.
<u>Explanation:</u>
In Economics, the income elasticity of demand gauges the responsiveness of the amount requested for a decent or administration to an adjustment in income. It is determined as the proportion of the rate change in amount requested to the rate change in pay.
Income Elasticity of Demand (YED) is characterized as the responsiveness of interest when a purchaser's salary changes. It is characterized as the proportion of the adjustment in amount requested over the adjustment in salary.
Answer:
Decrease; demand for shampoo.
Explanation:
If the price of a product increases, suppliers are willing to offer more quantities of the product but customers are less willing to buy it. So, if the price of the shampoo increases, customers will buy less quantities which means that the demand decreases.
Answer:
Option (b) 6.0
Explanation:
Data provided in the question:
Purchases = $960,000
Cost of goods sold = $900,000
Ending inventory = $180,000
Now,
Beginning inventory = Cost of goods available for sale - Purchases
= ( $900,000 + $180,000 ) - $960,000
= $120,000
Thus,
Average inventory = ( $120,000 + $180,000 ) ÷ 2
= $150,000
therefore,
Inventory turnover = Cost of goods sold ÷ Average inventory
= $900,000 ÷ 150,000
= 6.0
Option (b) 6.0
Answer:
hello your question is incomplete here is the complete question
Do you think the (Google's) reorganization is beneficial for Alphabet’s “moonshots,” now housed in their own business unit with profit-and-loss responsibility?
answer : yes
Explanation:
Google reorganization is beneficial for Alphabet's "moonshots" because each organizational unit in the reorganization is going to have their own CEO and operate individually and this is going to help them be more proactive and this will make it easier for the Group chief executive. and also the diversification of business into biotech and science by the units will be beneficial as well.
Capital allocation and useage will be easier and the worth of Google will be higher than its current value. therefore Alphabets will benefit economically also from such reorganization by Google.
