Answer:
The question has below options:
A. The unsold cars count as inventory investment for 2017. 2018 GDP is not affected.
B.The unsold cars count as consumption spending in 2018.
C. The unsold cars count in the inventory investment category for both years and count as consumption spending in 2018.
Option B is the correct answer
Explanation:
The unsold stock of 10 cars in 2017 is classified as investment since the cost of producing them is expected to yield returns in 2018 when they have been sold.
However, the unsold stock of 2017 becomes 2018 consumption of GDP since it relates to household expenditure in 2018, as a result it is accorded such classification.
It cannot be classified as government expenditure as the government is not the one purchasing the vehicle
Also, the ten cars have nothing to do with import or export as they are trade within the domestic economy
Answer:
Option (D) is correct.
Explanation:
Unit product cost:
= Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead
= $10 + $25 + $15 + $20
= $70
Operating income using absorption costing:
= (500 units × $100) - (500 units × $70) - (500 units × $5) - $7,500
= $50,000 - $35,000 - $2,500 - $7,500
= $5,000
Hi there.
I recently learned in Social Studies that services are usually intangible services. They have value, but you cannot physically touch them.
I'm also using the process of elimination. With that, I give you my best guess:
A. Because it provides support but no tangible goods.
Hope this works out for ya!
Answer: B. CONFLICT PERSPECTIVE
Explanation:
CONFLICT PERSPECTIVE
This theory which was opined by Karl Marx suggests that society keeps competing for limited resources and as such is in continuous conflict.
According to this theory, individuals and groups within society work to maximize their benefits and hold onto wealth by any means necessary including the disregard of the health and safety of athletes in this scenario.
Answer: A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity.
