Answer:
The long-run average total cost curve is flat
Explanation:
When the quantity of all the resources is doubled and, as a result, output doubles then the firm experiences constant returns to scale.
The answer for this is true
Answer:
a. The costs of air and water pollution
b. The quality of goods available to consumer
d. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export
GDP doesn't include:
1. a measure for the quality of goods
2. A measure for environmental pollution
3. Transactions not reported to and recorded by the government.
Expenditure on the highway is included in government expenditure in the calculation of GDP.
Some other Items not included in the GDP are
1. Transfer payments
2. Intermediate goods
3. Used goods
I hope my answer helps you
Answer:
End of the year closing capital balance will be = $17,500 (CR)
Explanation:
<u>Income Statement</u>
$
Services Revenue $31,000
Wages Expenses ( $17,400)
Rent Expenses <u> ( $5,200)</u>
Profit <u> $8400 </u>
In summary , end of the year closing capital balance will be :
$10,800 (Capital as given) + $ 8400 (Retained Earning)-$1,700( drawings)
=$17,500
Entries include :
Capital Account (CR) $10,800, Drawings Account(DR) $1,700, Director's Current Account (CR) $1700, Cash or Bank (CR) $1700
Retained Earning (CR) $ 8400
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AMZN) is one of the most valuable megacap companies on the Nasdaq exchange. The firm commands a high premium valuation because of its demonstrated record of consistent sales growth. However, it almost always appears grossly overvalued when using earnings-based valuation methods.
Amazon pursued a strategy of reinvesting most of its profits into the business. This strategy allowed the company to expand faster, and it also minimized taxes. As a result, traditional measurements of value often fail when applied to Amazon.