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AnnyKZ [126]
3 years ago
10

Tom is an organic gardener. For several years, he produced only for his own consumption. Last year, he sold his vegetables at a

farmer’s market. This year, he sold all of his vegetables to a company producing organic vegetable soup. When is the value of Tom’s vegetables included in GDP?a. None of his production is included in GDP, since it is considered home production.b. Only when he sells his vegetable at the farmer's market.c. Only when he sells his vegetables to the organic soup company.d. When he sells his vegetables at the farmer's market and when he sells the vegetables to the organic soup company.
Business
1 answer:
Juli2301 [7.4K]3 years ago
8 0

Answer:

The answer is: D) When he sells his vegetables at the farmer's market and when he sells the vegetables to the organic soup company.

Explanation:

By definition, all the new final goods (goods that aren´t used to produce something else) produced and sold legally within the country are included in the GDP.  

Tom´s vegetables are;

  • new final goods,
  • they were produced within the country,
  • and are legal,

So the moment he sold them to someone else they should be included in the GDP.

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An interview committee must decide which interviewee to hire as the company’s new project manager. Committee members have deci
geniusboy [140]

Answer:

Method used: Vote

Explanation:

There are 4 common ways of making decisions:

  • Command : decisions are made with no involvement.
  • Consult: invite input from others and then the desition makers take the final decision.
  • Vote: discuss options and then call for a vote.
  • Consensus: talk until everyone agrees to one decision.

In this case, since all the members vote for their candidate and trhen the one that receives more votes will be selected, the method used is vote.

3 0
3 years ago
Maiko lost her job and she was forced to sell a rental property because she did not have other funds​ (liquid, emergency,​ etc)
alexgriva [62]

Answer: The importance of liquidity

Explanation:

The financial principle at play is the importance of liquidity. Liquidity is the ease with which asset can be converted to cash. Maiko's asset has helped her to solve her financial issues she is experiencing after her job loss, therefore this shows the importance of liquidity.

3 0
3 years ago
Adding Erik Olin Wright’s concept of contradictory class locations to the Marxist concept of capitalists versus the proletariat,
bija089 [108]

Answer:

a salaried paralegal assistant at a law firm

  • <em>Correct label: proletariat the head of printing press operations at a major newspaper </em>
  • <em>Correct label: contradictory the owner of a large franchised restaurant </em>
  • <em>Correct label: capitalist a freelance graphic artist </em>
  • <em>Correct label: contradictory</em>
4 0
3 years ago
a small clothing firm currently produces 50,000 shirts and blouses per month. the costs of its factory, raw materials, and labor
Mrac [35]

A small clothing firm currently produces 50,000 shirts and blouses per month. the costs of its factory, raw materials, and labor are $500,000 per month. if the company is to increase production by 5,000 and that requires additional labor and raw material expense of $100,000, what is the best estimate of costs of the increased production is $100,000.

Most people think you'll make a kajillion dollars and be well on your way to overnight stardom. But the reality is that the profit margins on clothing are notoriously low. According to industry analysts, you're looking at 4-13% profit margins. That means for every $100 you invest, you get $104-$113 back.

Production is the process of making or manufacturing goods and products from raw materials or components. In other words, production takes inputs and uses them to create an output that is fit for the consumption of a good or product that has value to an end-user or customer.

Learn more about Production  here

brainly.com/question/16755022

#SPJ4

8 0
2 years ago
Imagine you are the marketing manager for a U.S. manufacturer of disposable diapers. Your firm is considering entering the Brazi
Radda [10]

Answer:

1) The firm should not use the same advertisements in the U.S. and Brazil because culture plays an important role in advertising, and the cultures of both countries are very different. Something that is culturally acceptable in the U.S. might no be so in Brazil and viceversa, and advertisements usually make use of cultural references to build rapport with the potential customers.

When determining the local prices in Brazil, management should take advice from local managers but it should still try to determine the final prices only after doing extensive market research.

2) I do not agree. On the contrary, it is likely that we will see a trend toward increasing product customization. This is because more countries are becoming wealthier (for example, China and India), and as a consquence, people now have more disposable income than before, and can be more demanding when it comes to the products they buy.

3) Depending on the country, the job experience for expatriates can be very difficult. Language is probably the most common hardship, if the expatriate does not speak well the language of the host country, then he will likely have a very hard time in the workplace.

Cultural shock, lack of personal relationships, and a general lack of knowledge about how things work can also cause problems.

Companies should train employees before they are sent abroad. They should try to send employees who speak the language of the country if possible, and if not, help them learn a few basics at least. Companies should also instruct their employees about the general culture, geography, laws, and customs present in the country of destination.

5 0
3 years ago
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