Answer: c) economies of scale; increase
Explanation:
When industries are limited by the size of the domestic market, opening trade to the world markets will likely lead to economies of scale and increase real GDP per capita in the domestic country.
When this industry choose to break out of this limitation placed on them due to the small size of market in their country, the idea of opening trade to the world market would lead to reduction in production costs since they now have a larger market (and thus produce more). Also, the real GDP per capita in the domestic country should increase since the company in this domestic nation has expanded its production to the world market.
NOTE:
Economies of scale occur when the cost of production is now reduced because there is an increase in a company's production.
<span>The Gini ratio for lifetime income is less than the Gini ratio for annual income.</span>
Answer:
e. Working to ensure that all variances are favorable.
Explanation:
the steps in effective management of variance analysis
Identifying questions and their explanations
Preparing standard cost performance reports
Taking corrective and strategic actions
Computing and analyzing variances
So the option is E.
Working to ensure that all variances are favorable.
The goal of unionisation is to reach an agreement on pay or other terms and circumstances of the employment contract between the employer and a team of people, or perhaps the entire workforce.
<h3>What serves as a means for provision?</h3>
A provision is cash saved in the funds to cover any liabilities that may arise in the future. To improve the accuracy of something like the current year's balance, a provision is utilized to allow for costs that could, in some cases, be offset with in current or prior financial year.
<h3>Which preparations are required?</h3>
A "business make better term" lease clause stipulates that the tenant must return the doors to the home in the same condition that they found it.
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Answer:
$2080
Explanation:
Given: Cost of generator= $11000.
Residual value= $1000.
Estimated life of generator= 5000 hours.
Actual activity performed during the period= 1040 hours.
Now, finding the depreciation expense for the first year using the units-of-activity method.
Formula; 
⇒ Depreciation expense= 
Opening parenthesis
⇒ Depreciation expense= 
⇒ Depreciation expense= 
Hence, the depreciation expense for the first year using the units-of-activity method of depreciation is $2080.
