Answer:
GDP : Gross domestic product
which is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
Explanation:
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Answer:
C. progress reports
Explanation:
A progress report is a document which prepared and maintained so as to track the progress of the project in a course of time.
The progress report contains the outlines of the activities that has been carried out and how much the tasks has been completed.
It also records the milestones that has been achieved according to the project plan.
The project report can be prepared daily, weekly or in a specific interval of time according to the scale of the project.
Answer: Pareto charts
Explanation: Pareto chart is a tool common to all quality efforts which includes six sigma also. A pareto chart contains both bars and lines. In such a graph the individual values are presented in form of bar and the final value depicting the cumulative total is represented by the lines.
Six sigma is a tool used by management to identify and remove the defects from a process thus making it more effective.
Hence, from the above we can conclude that right answer to this problem is Pareto charts.
When society produces the combination of goods and services on the PPF that it values the most highly, society has Allocative efficiency. PPF is defined as the public provident fund, and Allocative efficiency<span> is the point in which the preference of the product consumption is balanced in production levels in an economy. This is specifically related to the benefit of a product or service being equivocal to the cost of making it, directly reflective of consumer preferences.
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Answer: The correct answer is "a) Income increases.".
Explanation:
a) Income increases - An increase in income would cause more money to spend on food and clothing, so the budget line would be steeper.
b) Price of food increases , and c) Price of clothing increases. -An increase in both the price of food and clothing would cause (as long as Income remains the same) that less quantities of both goods can be acquired, because they would cost more, therefore they would make the budget line Minor.
