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.
Answer:
The $20 ticket to the match.
Explanation:
The sunk cost would be the $20 ticket to the match.
Answer:
Results are below.
Explanation:
Giving the following information:
Production= 800 boxes
Each box of tile requires 0.50 hours of direct labor.
Employees of the company are paid $17 per hour.
<u>First, we need to determine the number of hours required:</u>
Number of hours= 800*0.5= 400 hours
<u>Now, the total direct labor cost:</u>
Direct labor cost= 400*17= $6,800
The answer is: allocate resources.
Resource allocation refers to the act of managing the usage of assets that we own in order to achieve our goal. In order to deal with a shortage, the common strategies that the government use usually revolve around either reducing the consumption of that commodity, reducing export, increasing our own production or increasing the purchase of that resource from other countries.
Answer:
Alpha Moose Transporters's retained earnings breakpoint is B. $1,655,556
Explanation:
Addition to retained earnings = $745,000
Weight of equity = 45%
Retained earnings breakeven = $745,000 / 45%
= $1,655,556.
Retained earnings breakeven is $1,655,556.