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DerKrebs [107]
4 years ago
9

Place each of the following transactions in one of the four components of expenditure: consumption, investment, government purch

ases, and net exports. a. Boeing sells an airplane to the U.S. Air Force. b. Boeing sells an airplane to American Airlines. c. Boeing sells an airplane to Air France. d. Boeing sells an airplane to Amelia Earhart. e. Boeing builds an airplane to be sold next year.
Business
1 answer:
slega [8]4 years ago
7 0

Answer:

a. Boeing sells an airplane to the U.S. Air Force. - government purchases.

The U.S. Air Force is a branch of the government, and is buying the airplane from Boeing. Therefore, this is a government purchase.

b. Boeing sells an airplane to American Airlines. - investment.

America Airlines, a private company, is buying the airplane to make profit from it. Therefore, it is an investment.

c. Boeing sells an airplane to Air France. - net exports.

Boeing, an American manufacturer, is selling an airplane to a foreign company: Air France, this is an import, and imports are part of net exports.

d. Boeing sells an airplane to Amelia Earhart. - consumption.

Amelia Earhart, a person, is buying an airplane. This is private consumption.

e. Boeing builds an airplane to be sold next year. - investment.

This airplane is finished inventory ready to be sold, and this type of inventory is considered an investment in the GDP calculation.

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g100num [7]

Answer:

Comparative advantage

Explanation:

In simple words, The capacity of a country to provide a certain item or service at a lower opportunity price than its trade rivals is known as competitive advantage. A competitive edge allows a firm to sell products and solutions at a cheaper cost than its rivals while maintaining higher profit margins.

Thus, from the above we can conclude that the correct answer is comparative advantage.

8 0
3 years ago
When the current price of an item is greater than the item's market clearing price:_________.
irina1246 [14]

Answer:

<u>C) quantity supplied is greater than the quantity demanded.</u>

<u>Explanation:</u>

We need not be confused, <em>the market-clearing price is referring to the equilibrium price. </em>Thus, if the current price is above the market-clearing price (that is, the price at which quantity demanded equals quantity supplied), it means the <u>quantity supplied</u> is <em>greater</em> than the<u> quantity demanded</u> of the item.

For example, at a price of $1 per orange, there's an equal amount in quantity demanded and quantity supplied of orange. However, the price increases to $2 per orange; which makes the current price of an orange greater than the market-clearing price of $1.

4 0
4 years ago
Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra
melomori [17]

Answer:

0.6

Explanation:

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So, variable expense ratio is .6 or 60% (33,000 / 55,000).

Such questions also require the calculation of Contribution Margin Ratio which is calculated by taking Contribution Margin and Dividing it by Sales. This ratio tells us how much the company generates after covering variables expenses when the sales are $1.

So, Contribution Margin Ratio is .4 or 40% (22,000 / 55,000).

6 0
4 years ago
Clarifying the issues of a problem is the _____ step in the problem solving process. first, second, sixth, or seventh
ololo11 [35]

The second step in the problem solving process is to clarify the issues of a problem.


Answer: The second step.

7 0
3 years ago
Read 2 more answers
Individual codes of conduct based on one's value structures regarding how one should live, how one should act, what one should d
notsponge [240]

Answer:

correct option is A. morality

Explanation:

solution

here this fundamental question ( How should we live? )

it is interpret in the 2 way

first is sense of question is about "how I should live my life"

and other is here in question "we" mean  each one of us individually or all of us

and  here question "how I should act" and "what I should do" etc

it is ethics which based on our value structures and define by our moral system

so that it is refer to morality

so correct option is A. morality

4 0
3 years ago
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