1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IceJOKER [234]
3 years ago
14

GDP per person tells us the income and expenditure of the a. richest person in the economy. b. poorest person in the economy. c.

average person in the economy. d. entire economy.
Business
1 answer:
ale4655 [162]3 years ago
8 0

Answer:

The correct answer is letter "C": average person in the economy.

Explanation:

The Gross Domestic Product (GDP) measures the level of output of a country given a certain period -by quarter and year, usually. It considers <em>government expenditures, private investments, consumer spending, </em>and <em>net exports </em>(exports minus imports).  

The GDP per capita represents the GDP per person and is calculated by dividing the GDP by the population of a country. GDP per capita represents an approximate of the expenses of an individual. Smaller richer countries such as Luxembourg or Switzerland tend to have higher GDP per capita.

You might be interested in
one theory behind ____ is that the best outcome to civil ______ is a _____ and that parties will move toward agreement if they u
Leviafan [203]

Answer:

The correct answers that fills the gaps are: discovery, litigation, negotiated settlement, examine, evidence.

Explanation:

The litigation is a conflict of interest qualified and elevated to a jurisdictional authority, by a subject of law, with an intention or claim against another that manifests a resistance or that opposes the approach of the former, as Francisco Carnal suggests.

Some authors consider that the concept of litigation only applies to civil proceedings in contractual disputes, and that the term controversy should be used in criminal proceedings. However, progress has been made regarding this idea, because now, in criminal proceedings, civil action or damages are usually used, which gives rise to extra contractual liability.

5 0
3 years ago
Schweser Satellites Inc. produces satellite earth stations that sell for $95,000 each. The firm's fixed costs, F, are $2.5 milli
AVprozaik [17]

Answer:

Schweser Satellites Inc.

The incremental profit is:

= $845,000

Explanation:

a) Data and Calculations:

Selling price of Satellite Earth Station = $95,000 each

Total sales revenue = $4,750,000 ($95,000 * 50)

Fixed costs, F = $2.5 million

Annual production and sales units = 50 units

Total profits = $500,000

Total contribution = $3 million ($2.5 m + $500,000)

Variable costs = $1,750,000 ($4,750,000 - $3,00,000)

Variable cost per unit = $35,000 ($1,750,000/50)

Assets = $4 million

Equity = $4 million

Additional assets = 4.5 million

Additional fixed operating costs = $380,000

New assets = 8.5 million

Fixed operating costs = $2.88 million

Variable cost reduction per unit = $12,000

New variable cost per unit = $23,000 ($35,000 - $12,000)

Production and sales units = 65 (50 + 15)

New selling price per unit = $88,000

Cost of equity = 16%

Tax rate = 0%

Profit under new arrangements:

Contribution per unit = $65,000 ($88,000 - $23,000)

Total contribution margin = $4,225,000 ($65,000 * 65)

Fixed operating costs =       $2,880,000

Net operating profit              $1,345,000

Incremental profit = $845,000 ($1,345,000 - $500,000)

4 0
3 years ago
6. The recommended approach for strategy formulation by a leader is for him or her to: Group of answer choices B. inspire a larg
larisa86 [58]

Answer:

B. inspire a large number of people to help achieve organizational purposes.

Explanation:

Business strategy sets the overall direction for the business; it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

The recommended approach for strategy formulation by a leader is for him or her to inspire a large number of people to help achieve organizational purposes.

8 0
3 years ago
Sales force training is part of the
daser333 [38]

Answer: Organizational Development (HR)

Explanation: Sales force Training is a part of Organizational Development (HR), as there work isn't just to hire also it includes to train them and educate them so they can choose their path appropriately. Also it will help them upskilling which in long run will help to be the future leaders

7 0
3 years ago
Tyler Toys has beginning inventory for the year of $19,600. During the year, Tyler purchases inventory for $233,000 and has cost
Nimfa-mama [501]

Answer

The correct answer is:

$16,600

Explanation:

The ending inventory is the total value of the inventory at hand, that was not sold for the year. To calculate this, we will subtract the total cost of goods sold from the total purchase. This is shown below:

Beginning inventory =                     $   19,600

Purchased inventory =                     $ 233,000

Total inventory value in the year = $ 252,600

Cost of goods sold = $ 236,000

Therefore, Ending inventory = Total inventory value in the year - Cost of goods sold

= 252,600 - 236,000 = $16,600

8 0
3 years ago
Other questions:
  • Hobby Farms, Inc., owns rural property that it leases to various tenants,including Ira. Ira’s transfer of his entire interest in
    8·1 answer
  • A manager receives a forecast for next year. Demand is projected to be 590 units for the first half of the year and 940 units fo
    15·1 answer
  • Which of the following statements is FALSE?A. Financial ratios help compare over time companies of different sizes and industrie
    11·1 answer
  • Companies can and often do use different costing methods for financial reporting and tax reporting. An exception to this is the:
    12·1 answer
  • What are the minimum educational requirements to be a childcare teacher?
    15·1 answer
  • Which of the following is correct?
    5·1 answer
  • Which of the following strategic concepts allow a firm to achieve its missions? A) productivity, efficiency, and quality leaders
    11·1 answer
  • The bank received and accepted a payment worth $7,200 from a customer on the company’s behalf. Which journal entry adjustment sh
    13·2 answers
  • 4. The national average utility cost is $270. 48 per month. If the average electric bill is 44. 9% of the total amount and the a
    8·1 answer
  • in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!