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WITCHER [35]
3 years ago
6

The term economic cycle refers to what? How does it impact a business?

Business
1 answer:
insens350 [35]3 years ago
8 0

Answer:

Refers to the oscillation of production

Explanation:

The term economic cycle refers to the movements of prosperity and decay in economic activity (GDP), that is, the alternations that occur between periods of growth and economic recession over time. Cycles affect business, because in a prosperous period the business environment generates higher returns, while in the recession phase it becomes unfavorable due to the unstable environment.

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At best buy they have a 42" TV that sells for $1250 and is on sale 15% and sales tax is 6.5%.What is the final cost?
lys-0071 [83]
First, calculate the discount.

15% of 1250 is 187.5

Then, subtract 187.5 from 1250.
You get 1062.5

Next, to calculate the sales tax. I'm not 100% sure if you're supposed to do this before the discount or after, I'm just assuming after.

Anyway, 

6.5% of 1062.5 is approxamately 69.06.

Add that to 1062.5 to get the final answer of $1131.56
7 0
3 years ago
Suppose that the wage rate is $30 per hour, and the firm sells each unit of output for $6. Using the data from Table 7.3, how ma
polet [3.4K]
I found this data from Table 7.3
<span> <span> </span><span><span> Labor Input Output
</span> <span> 0                          0
</span> <span> 1                          40
</span> <span> 2                          70
</span> <span> 3                          90
</span> <span> 4                       100
</span> <span> 5                       105
</span> <span> 6                       108

Labor Cost = Labor Input x 30
Output Sales = Output x 6
Revenue = Sales - Cost

</span></span></span><span> <span> </span><span><span> Labor cost        Output Sales
</span> <span> 0                                    0
</span> <span> 30                                 240
</span> <span> 60                                 420
</span> <span> 90                                 540
</span> <span> 120                               600
</span> <span> 150                               630
</span> <span> 180                               648

</span></span></span><span> <span> </span><span><span> Labor Input     Output      Labor cost    Output Sales <span>   Revenue</span>
</span> <span> 0                         0                 0                      0                        0
</span> <span> 1                        40               30                    240                   210
</span> <span> 2                        70               60                    420                   360
</span> <span> 3                        90               90                    540                   450
</span> <span> 4                     100             120                    600                   480
</span> <span> 5                     105             150                    630                   480
</span> <span> 6                     108             180                    648                   468

Labor Unit 4 and 5 both have a revenue of 480. It is the maximum revenue. I think the best option would be C. 4 UNITS.

Lesser cost to the company at a maximum revenue. </span></span></span>
6 0
3 years ago
In a process costing system, the number of units started and completed for a period is equal to: Multiple Choice Units transferr
riadik2000 [5.3K]

Answer:

Units transferred out less units in beginning work in process.

Explanation:

A process costing system is generally used when similar or identical products are mass produced.

To determine the total number of units transferred out = beginning work in process + units started and transferred out - ending work in process

To determine the amount of units started and completed = total units transferred out - beginning work in process

6 0
3 years ago
In the underground city of Neverwhere, GDP is $15 trillion, consumption is $10 trillion, and government spending is $2.5 trillio
9966 [12]

Answer:

$3 trillion

Explanation:

Given that,

GDP = $15 trillion

consumption = $10 trillion

Government spending = $2.5 trillion

Taxes = $1 trillion

Net capital inflow = $0.5 trillion

Investment:

= GDP - Consumption - Government spending + Net capital inflow

= $15 - $10 - $2.5 + $0.5

= $3 trillion

We know that savings is equal to investment spending.

Therefore, the total savings for the economy of Neverwhere is $3 trillion.

8 0
3 years ago
Should you include personal date on a resume ? explain your answer?​
yan [13]
No, you should not.

Explanation:

It’s illegal for employers to ask for that data.
8 0
2 years ago
Read 2 more answers
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