My answer is contemplation
Answer: c. only final goods to avoid double counting when including intermediate goods
Explanation:
The Gross Domestic Product (GDP) is an economic measure that aims to quantify the strength of an economy by checking it's Economic Activity.
When Calculating GDP, the FINAL value of goods and services produced WITHIN a country are the only amounts included to avoid Double Counting of products.
For example, if in making a television, the company making the TV bought electrical parts for $100 and the LED screen for $50 with labour costs of $50 and then sold it to a store for $300 that then sells the Television at $500, $500 is the amount that is included in GDP calculation. None of those other figures will be added again because they are already implicitly included in the final $500.
Answer:
1. The firm does not have excess capacity.
Minimum transfer price on full capacity = Variable Cost + Contribution to be Lost
Minimum transfer price on full capacity = $360 + ($600 - $360)
Minimum transfer price on full capacity = $360 + $240
Minimum transfer price on full capacity = $600
Transfer Price = $600 per Unit (Market price per unit).
2. The firm does have excess capacity. Minimum transfer price on excess capacity = $360 per Unit (Standard Variable Manufacturing cost per unit).
Answer:
public sale
Explanation:
In business, a public sale happens when a company decides to issue shares and sell them on a stock exchange.
In this case, since Nancy's business is planning to expand its activities it has two options:
- issue new stock, if she is going to do it for the first time it would be an IPO.
- get a loan from a bank, but maybe she wouldn't be able to get a large enough loan.
To safest way to raise capital would be to issue stock.
Answer:
Sociocultural values
Explanation:
Sociocultural values are values that are influenced by an individual's behavior in day to day life. This becomes a habit and eventually a culture. These values impact an individual's decisions as well.
When a hotel is trying to make rooms smoke-free and pet-friendly, it means they are adapting to sociocultural changes that prefer taking pets everywhere.
