What happens when you hide a column in Microsoft Excel?

The difference between the revenue that a company brings in from selling goods and services and the cost of generating this reve

vitfil [10]

Answer:

<u>Profit</u>

Explanation:

Revenue refers to the total receipts by a business for the sale of it's output.

Cost refers to the expenditure incurred for manufacturing products or creating a service.

The difference between the above two i.e revenue and costs, is termed as profit.

Profit can be of two types, economic profit and accounting profit. Accounting profit is calculated by deducting actual costs incurred from total receipts.

Economic profit on the other hand also considers implicit costs i.e opportunity costs, while calculating profits.

6 0

3 years ago

Net domestic product is the total value of Select one: a. all final goods and services produced within a country's borders in a

Lady_Fox [76]

Answer:

The correct answer is letter "E": all final goods and services produced within a country's borders in a year minus capital consumption allowance.

Explanation:

Net Domestic Product (NDP) is calculated by subtracting depreciation from the Gross Domestic Product (GDP). In other words, NDP measures a country's domestic production during a period minus Capital Consumption Allowance (CCA). When the NDP increases indicate the economy of a country is safe but if it decreases it implies the economy is failing.

8 0

3 years ago

Kara believes that by pushing poor countries to produce exports instead of food and goods for their own people, they are forced

ira [324]

Answer:

Dependency theory

Explanation:

Kara believes that by pushing poor countries to produce exports instead of food and goods for their own people, they are forced to rely on rich nations for much of what they need. She suggests that markets should be replaced with government-directed economic policies. Kara is arguing in a way that reflects <u>Dependency theory.</u>

Dependency theory: It is a theory to understand the inequality of growth of all nation. As per theory, the underdeveloped countries offer cheaper labor and raw material to the developed nation, who sell the costlier finished goods to the underdeveloped nation, which again supress the economy of under developed nation, so it continue to have vicious cycle and gap get widen between rich and poor countries.

In the given case; Kara have introduced Dependency theory as she poor countries to produce exports instead of food and goods for their own people, they are forced to rely on rich nations.

8 0

3 years ago

Suppose there are only two firms that sell Blu-ray players: Movietonia and Videotech. The following payoff matrix shows the prof

Vitek1552 [10]

Answer: Please refer to Explanation

Explanation:

These firms are profit maximising and so will look for the higher payoff.

a) If Movietonia prices high, Videotech will make more profit if it chooses a ___LOW_____ price, and if Movietonia prices low, Videotech will make more profit if it chooses a ___LOW__ price.

• Looking at the matrix, if Movietonia charges high, Videotech can take advantage and charge Low. In doing so they would be making a profit of $15 million while Movietonia would make only $2million in profit.

• If Movietonia charges Low then Videotech would be better off charging Low as well because charging high would make them earn $2 million profit whereas charging Low will make them earn an $8 million profit.

b) If Videotech prices high, Movietonia will make more profit if it chooses a __LOW___ price, and if Videotech prices low, Movietonia will make more profit if it chooses a __LOW___ price.

• If Videotech were to charge a high price, it would be more beneficial to Movietonia to charge a low price. That way they can make $15 million in profit.

•If Videotech then decide to charge a low price, Movietonia will do best if they charge a Low Price as well. This way they make $8 million in profit and it's really all they can do as charging high would mean they only make $2 million in profit.

If you need any clarification do comment. Cheers.

4 0

3 years ago

Which one of the following is not an important source of revenue for the federal government?

jenyasd209 [6]

The answer is A.Payroll taxes

6 0

3 years ago

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