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Effectus [21]
3 years ago
9

What evaluation criteria is used in economic analysis?a. Time to completion b. Technical feasibility c. Sustainability d. Financ

ial units (dollars or other currency)
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
7 0

Answer:

The evaluation criteria used in economic analysis is:

d. Financial units (dollars or other currency)

Explanation:

The evaluation criteria for economic analysis is usually based on financial units, which are national currencies.  They represent the monetary values of the elements of any economic analysis.  For instance, to ascertain the profitability or otherwise of a transaction, the sales value is compared to the costs.  The excess of the sales value over the costs is regarded as the profit.  The reverse is regarded as the loss.  The evaluation criteria for these two economic analysis is based on the financial units of sales and costs expressed as national currencies.

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Social surplus is the​ ____________. A. total value from trade in a markettotal value from trade in a market. B. difference betw
shepuryov [24]

Answer:

The correct answer is letter "A": total value from trade in a market.

Explanation:

Canadian economist Alex Tabarrok (born in 1966) explains social surplus as the sum of consumer surplus, producer surplus, and bystanders surplus. Tabarrok takes an integrative approach in consumer surplus by stating <em>social surplus encompasses every economic trade in the market rather than only consumers and producers surplus.</em>

<em />

Besides, Tabarrok believes when there are major external costs or benefits, the market will not reach its social surplus.

4 0
3 years ago
Ms. Fresh bought 1,000 shares of Ibis Corporation stock for $5,400 on January 15, 2017. On December 31, 2019, she sold all 1,000
Setler [38]
Her loss is her loss
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disa [49]
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8 0
2 years ago
The use of theory and observation is more difficult in economics than in sciences such as physics due to the difficulty in a. fo
kupik [55]

Answer:

b. performing an experiment in an economic system.

Explanation:

In contrast to scientific experimentation, whereby connections and differences can be measured between two or more variables. In economics, theory and observation are more difficult than in sciences such as physics due to the difficulty in performing an experiment in an economic system, as human beings' opinions change over time, due to dynamism in human society.

Hence, in this case, the correct answer is option

3 0
3 years ago
The Intramural Sports Club reports sales revenue of $578,000. Inventory at both the beginning and end of the year totals $110,00
Genrish500 [490]

Answer:

$363,500

Explanation:

Gross profit = Revenue - Cost of Goods Sold.

In the case

Revenue = $578,000.

The Cost of Goods Sold: COGS

Inventory turn over = COGS/ Average turnover

Average turnover = Opening stock + closing stock/2

In this case Opening stock + Closing stock = $110,000

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3.9 = COGS/$55,000

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COGS =$214,500

Gross profit =  $578,000 - $214,500

Gross profit = $363,500

3 0
3 years ago
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