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valkas [14]
3 years ago
5

Does a higher GDP imply high welfare. Why?

Business
1 answer:
Ainat [17]3 years ago
8 0

Answer:

All economic value is subjective—free-market prices are determined by how much better off individuals believe a good or service can make them. ... So, in some sense, higher GDP should equate to greater human progress, because it means more valuable goods and services have been created.

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Ideally, any group you join for business promotion should have at least how many members?
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The refractive index of a rarer medium with respect to a denser medium is.....
vekshin1

Answer:

B) Smaller Than 1

Explanation:

Snell's Law states that the ratio of the sines of incidence and refraction is equal to the ratio of the phase of velocities in the two phases. When light travels from a rarer medium like air to a denser medium like water, the light would be refracted towards the normal line. For example, the refractive index of air with respect to glass is represented as;

<em>sin i / sin r</em>

If light rays travel from glass which is a denser medium to a rarer medium which is air, the light rays would bend away from the normal line, and then the angle of refraction would be greater than the angle of incidence. So, the refractive index of the rarer medium which is air with respect to the denser medium which is glass will be smaller than 1.

8 0
3 years ago
Under normal circumstances, what minimum level of voting ownership is considered to give the investor control over the investee?
mestny [16]

Answer:

In the absence of any condition +50%  of voting securities will give powers to investors to control over the investee.

Explanation:

  • The investors have majority of ownership .
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  • They can directly control over the operations of the investee
  • Voting shares give the power to approve or reject major decisions and actions such as a merger.  

8 0
3 years ago
Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 2,200 machine-hours
den301095 [7]

Answer:

Total budget =  $53,330

Explanation:

<em>The total overhead is an example d of a mixed cost. A mixed cost is that made up of a variable portion and a fixed portion. The variable portion is driven by the activity level- machine hours. While the fixed portion is independent of the machine hours</em>

Fixed overhead = 15,300 + 5,600+ 6600 = 27500

Variable overhead per hour = (54,560 -27500)/2200

                                             = $12.3 per hour

Budget for 2,100 machine hours

= 27,500 + ($12.3× 2100)

= $53,330

5 0
3 years ago
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