The atmosphere we enjoy today is radically different from the atmosphere that formed with the Earth billions of years ago. ... As the Earth cooled enough to form a solid crust (4.4 billion years ago), it was covered with active volcanos. These volcanos spewed out gasses, like water vapor, carbon dioxide and ammonia.
Answer:
Explanation:
In order to cease an opportunity work effort, resources, money and/or time must be used. Every time we do one thing we need to forgo doing something else and in this way there is an opportunity cost to everything that we do. If we are going to go after receiving the rewards of an opportunity it will because we put effort and resources into that opportunity instead of something else.
Answer:
adding up consumption, investment, government expenses, and net exports
adding up the market prices of final goods and services produced in the US
adding up the incomes of producers and taxes paid to the government
Explanation:
GDP is measured by three approaches, namely production, expenditure, and income.
In the <u>expenditure approach</u>, GDP is obtained by the formula GDP = C + G + I + NX, where c is consumption. G is government spending, I investment, and NX is net exports. Net export is the difference between imports and exports. The expenditure approach is also the consumption approach.
The <u>production approach c</u>alculates GDP by adding up the value of finished products. The Approach considers new products meant for consumption to avoid double counting.
The <u>income approach</u> recognizes the fact that expenditure is somebody's else income. Income considered includes wages paid to labor, the return on capital in the form of interest, the rent earned by land as well as corporate profits.
Answer: True.
Explanation:
People sometimes have a tendency of doing only what they are told to do or only what they are paid for. This is why most people who progress in a company do so on the basis of having done work that was not in their description, but would have helped the company progress.
It would appear that Marsha's 6 employees are all of the caliber of employees who just do what they are told and nothing more.
For this reason therefore, she would include a stipulation changing the scheme to include careful performance of the other duties before any sales commission can be earned. This way they'll start to do those other things since they are now paid to do so.
Opportunity cost is concept used in economics. It denotes the benefit of something that must be given up to acquire or achieve something else. Because of this opportunity cost is used in the decision-making process. The following best describes an opportunity cost: decision giving up an opportunity to do something else when making an . Correct answer: B
