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zysi [14]
3 years ago
5

GDP is not a perfect measure of well-being; for example, a. GDP incorporates a large number of non-market goods and services tha

t are of little value to society. b. GDP places too much emphasis on the value of leisure. c. GDP fails to account for the quality of the environment. d. All of the above are correct.
Business
1 answer:
Anna007 [38]3 years ago
8 0

Answer:

c. GDP fails to account for the quality of the environment.

Explanation:

Gross domestic product is defined as the sum total of all goods and services produced in a country within a specific time.

It measures the level of wealth in the economy. However it is not a true reflection of personal well being of the citizens of a country because it does not consider the quality of the environment in which people live.

GDP only measures.activities in the market place but does not evaluate other factors like leisure, quality of the environment, health levels, and education.

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katovenus [111]
Answer is: Innovation
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1 year ago
Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $69,200. The company's beginning merchand
Leya [2.2K]

Answer:

$82,400

Explanation:

Cost of goods sold = beginning merchandise inventory + purchases - ending merchandise inventory.

$69,200 = $15,600 + purchases - $28,800

Purchases = $82,400

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3 years ago
Explain why newspapers advertising is not effective on illiterates​
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Answer:

cause how are illiterate people gonna read the newspaper? therefore: newspapers=not for people who can't read

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2 years ago
Which of the following is TRUE regarding the economic order quantity (EOQ) model? A. Demand rate is dependent on order quantity.
Oduvanchick [21]

Answer:

D. Holding cost per unit per year is dependent on the selling price per unit.

Explanation:

The formulas are shown below:

Economic order quantity:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

The number of orders would be equal to

= Annual demand ÷ economic order quantity

The average inventory would equal to

= Economic order quantity ÷ 2

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Ordering cost = Number of orders × ordering cost per order

Carrying cost = average inventory × carrying cost per unit

If in the question, the carrying cost is given in the percentage than the per unit cost is come after multiplying it with the selling price per unit

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