it is important so you create a safe work enviroment and don't have complaints.
Answer: The loss of enjoyment people incur when scenic land is converted to commercial use.
The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
The leisure time enjoyed by Americans Funds spent by state governments to build highways
Explanation:
The gross domestic product is the value in terms of money of all the goods and services that are produced in a particular country at a certain period of time.
Over time, people have often criticised the use of GDP as a good measurement of the output of a nation that it does not include every transactions and production for that nation. In this scenario, the following cases are either not accurately accounted for or are measured inaccurately.
1. The loss of enjoyment people incur when scenic land is converted to commercial use.
2. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
3. The leisure time enjoyed by Americans Funds spent by state governments to build highways.
In the above cases, the monetary value of these activities aren't reflected on the GDP calculation.
Answer:
$8,000
Explanation:
Given that
Profit = $1,200
Cost = 85% of sales
Profit = 15%
We know that
Sales = Cost + Profit
= 85% + 15%
= 100%
So sales percentage is 100%
Now we use the unitary method to find out the extra sales which would be
= Profit × sales percentage ÷ profit percentage
= $1,200 × 100% ÷ 15%
= $8,000
The country that has a comparative advantage in the production of cuckoos is Germany.
The country that has a comparative advantage in the production of beer mugs is Taiwan.
A country has a comparative advantage in the production of a good if it produces a good at a lower opportunity cost when compared with other countries.
Germany:
Opportunity cost in the production of cuckoo = 1/1 = 1
Opportunity cost in the production of beer mug = 1 /1 = 1
Taiwan:
Opportunity cost in the production of cuckoo = 3/2 = 1.5
Opportunity cost in the production of beer mug = 2/3 = 0.7
A similar question was answered here: brainly.com/question/14822137
