Answer:
Option (c) is correct.
Explanation:
Given that,
Factory produces = 130,000 televisions per quarter
Total production hours used by the factory per quarter = 9,000
Therefore,
Velocity of units per hour = (Number of units produced ÷ Time taken to produce those units.
)
Velocity of units per hour = (130,000 units ÷ 9,000 hours
)
Velocity of units per hour = 14.44 units per hour
A small number of individuals bear the cost of regulatory policy.
Regulatory policy is about attaining authorities' goals thru the usage of guidelines, legal guidelines, and different instruments to supply higher economic and social consequences and as a result enhance the existence of residents and commercial enterprises.
Legal guidelines and policies govern the regular existence of agencies and residents and are the essential gear of public coverage. Regulating has in no way been easy, however, the overwhelming tempo of technological change.
The regulatory policy framework is the backbone of the general public area and an essential determinant of ways the government grants its offerings efficaciously. in one manner or another, regulation (suitable and terrible) impacts each unmarried character in NSW via one-of-a-kind degrees in their lives.
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I'ts not the C, gross income received from salaries, wages, tips, and commissions. I just chose that on my quiz and got it wrong. I did a little more research after that and now I believe it is
B, gross income after subtracting exemptions and deductions.
There are three (3) types of income: Earned Income, Portfolio Income and Passive Income.
Earned Income - a type of income that is generated through work (e.g. salary)
Portfolio Income - These income are somewhat called "capital gains" because it is where the state gets salary taxes. This type of income is generated through selling investments in a higher price that you paid.
Passive Income - This type of income is generated through your assets that you have created. Like for instance, you bought a house and let it rent to earn an income.
Answer:1.Factor services, 2 scarce resources, 3. opprtunity cost or real cost or true cost
Explanation:
Circular flow.of income: This is the system of how goods and services flow in for consumption by the households.it also shows the intrrelationship between the households and the business sector of the economy. From the diagram of the circular flow of income, the outer circle presented the flow of real services for productive agents such as land, Labour, capital and enterprise to the business sector.while the flow of goods and services are produced from the inner circle reflect the monetary aspect of what the outer circle produced.
Scarcity : This concept is used to explain how the human wants are unlimited, since human wants are unlimited so the resources to satisfy them are also limited . In order to solve the problem of scarcity, man has to make a choice by ranking his wants in their order of priority this is where we have the scale of preference.
Opportunity cost : This is the cost which described the cost of one product in terms of forgone alternatives. It is the alternative that is forgone in order to satisfy a want. For example a student who need a book that is costing $10, and a cloth that is also costing $10. If the student buys the book instead of the cloth, then the opportunity cost of his choice is the cloth that such student has forgone.