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3 years ago

If it could increase its growth rates slightly, a country with low income would catch up with rich countries in about ten years.

1 answer:

6 0

That statement is false.

In order to catch up with rich countries, a country with low income probably need to maintain more than 100% growth rate in about 10 years.
Because if the country only increases its growth rates slightly, the rich countries may grow even further during that period.

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Norgaard Corporation makes 8,000 units of part G25 each year. This part is used in one of the company's products. The company's

irakobra [83]

Answer:

$8,400

Explanation:

The computation of the annual financial advantage (disadvantage) for the company is shown below:

Particulars Make Buy

Direct material $53,600 (8,000 units × $6.70)

Direct labor $64,800 (8,000 units × $8.10)

Variable manufacturing overhead $8,800 (8,000 units × $1.10)

Supervisor's salary $16,000 (8,000 units × $2)

Fixed manufacturing overhead $2,000

Opportunity cost $16,000

Purchase cost $169,600 (8000 × $21.20)

Total relevant cost $161,200 $169,600

So, Financial (disadvantage) is

= $161,200 - $169,600

= -$8,400

We simply compared the make and buy cost and as we can see that the cost of buying is more than the cost of making so there is a extra cost i.e to be incurred of $8,400 if out side supplier is chosen

7 0

3 years ago

A business process describes a specific set of ____.

Tcecarenko [31]

For the answer to the question above, there are 3 possible answers to this question. Business is a specific set of b. Events are the things <span>that take place in the course of normal operation</span>.

C. results for the business to continually strive. They must know the results if they have loss or gain.

Lastly d. Transactions. It's either transaction internally or externally. This is needed in order for the business to run.

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3 years ago

Randy Rouser completes landscaping work on Nina Tothill’s yard, and Nina writes a $1,750 check from her account at Small Bank. T

Arte-miy333 [17]

Answer: Christina can hold Randy liable for the check

Explanation:

In this scenario it is important to note 2 things.

1. Nina PAID Randy.

2. Randy PAID Christina.

The point is that Randy is the one who had a contract with Nina. Even though Nina is the one who's check was not honored, Christina has NO CONTRACT with Nina. This means she cannot hold her liable.

As far as Christina is concerned, the check came from Randy and so she should hold him liable.

Randy on his part can then go back to Nina and hold her liable because he is the one who had a contract with her.

If you need any clarification do comment.

4 0

3 years ago

Your restaurant’s revenue is 710,000 expenses total 890,000 , and your total investment is 3 million. What is your return on inv

Karo-lina-s [1.5K]

Answer:

A) -6%

Explanation:

8 0

3 years ago

Developing a pricing structure that encourages customers to buy additional services that they don't need in order to obtain the

SCORPION-xisa [38]

Marketing tactics include different actions. One is to develop a pricing structure that encourages customers to purchase additional services they don't need.

<h3>What is marketing? </h3>

Marketing is a concept that refers to all actions and activities related to market or commerce. Marketing has as its main purpose the analysis of the behavior of markets and consumers.

According to the above, marketing has ways to identify consumer purchasing trends and understands how buyers' thinking works. Marketing can develop strategies focused on the buyer acquiring goods or services that he does not need, one of them is prices or discounts.

Learn more about marketing in: brainly.com/question/3964664

6 0

2 years ago