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timofeeve [1]
3 years ago
7

In Rovamia, a developing country, companies often had to compromise on quality and cost earlier to make their products affordabl

e to consumers. However, with the increase in per capita income of the country, companies can now maintain the quality of their products without lowering price. Identify a factor that best describes the reason for this shift in Rovamia.
Business
1 answer:
Serggg [28]3 years ago
6 0

Answer:

economic growth

Explanation:

Here are the options

Ethical growth

Cultural evolution

Political clash

Economic growth

Economic growth can be described as the rise in the real gross domestic product of an economy overtime. It is the increase in the wealth of a nation overtime.

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

Per capita income = real GDP / population

per capita GDP measures the standard of living of people in a country. The higher the per capita income, the higher GDP is and the higher the standard of living is.

If per capita income of Rovamia increases, it means that the gross domestic product has also increased and economic growth has occurred.

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Labor Input Physical output 10 500 11 600 12 690 13 760 14 800 Refer to the above table, answer the following questions: A. If t
Mama L [17]

Answer:

Explanation:

Labor Input       Physical output  

    10                              500

     11                               600

     12                              690

     13                              760

     14                               800

marginal output of 11 th labor = 600 - 500 = 100

price of each product = 7

marginal revenue product  of 11 th labor  7 x 100 = 700

B )

price of each of  the goods sold = 10

marginal factor cost of labour = 700

minimum no of goods to be sold to cover the labour cost

= 700 / 10 = 70

no of goods added due to  addition of 11 the labour = 100

no of goods added due to  addition of 12 the labour = 90

no of goods added due to  addition of 13 the labour = 70

so no of units of labor upto which  the firm will continue to hire

= 13 .  

7 0
3 years ago
Most fraud investigators utilize the fraud triangle theory. A new theory called the fraud diamond has been proposed. Which of th
Sonja [21]

Answer:

The correct answer is letter "C": Capability.

Explanation:

American criminologist Donald Cressey (1919-1987) proposed the Fraud Triangle Theory to explain the factor leading to such actions. According to Cressey, those components are <em>Pressure, Opportunity, </em>and <em>Rationalization.</em>

David Wolfe and Dana R. Hermanson introduced in 2004 the Fraud Diamond Theory with the same purpose as Cressey but they considered there are four (4) factors influencing individuals to commit fraud: <em>Pressure, Opportunity, Rationalization, </em>and <em>Capability.</em>

Thus, <em>the Diamond Theory includes the capability factor compared to the Triangle Theory that does not.</em>

7 0
3 years ago
Roberto designers was organized on January 1,2021. The firm was authorized to issue 100,00 shares of $5 par value common stock.
jekas [21]

Answer: the correct answer is D) $250,000

Explanation:

Answers

transactions relating to stockholder's equity

Issued shares 10,000* $7 = $70,000

Issued shares 20,000*$8   = $160,000

net income                            = $100,000

                                                --------------  

Sub Total                                 $330,000  

Debts                              

50,000 dividend                       ($50,000)

3,000 *$10 treasury stock       ($30,000)    

                                                   --------------  

Sub Total                                   ($80,000)

Total   $330,000-$80,000 =  $250,000                                    

8 0
3 years ago
Looking through pages to find information that you have already identified is know as:
makvit [3.9K]

A.

because as you're passing the page you are scanning it and looking for the answer

8 0
3 years ago
Read 2 more answers
On March 1, 2018, Gold Examiner receives $165,000 from a local bank and promises to deliver 100 units of certified 1-oz. gold ba
photoshop1234 [79]

Answer:

<u><em>there are two performance: </em></u>

the sales revenue and the insurance.

cash     165,000 debit

    unearned revenues   165,000 credit

--to record collectiong from local bank

unearned revenues  165,000 debit

    sales revenues                    151,000 credit

    insurance liability                  9,900  credit

--to record gold delivered to Brink's--

insurance liability   9,900 debit

      insurance fees earned       9,900 credit

--to record reception of bank from Brink/end of the insurance--

Explanation:

sales revenue

100 x 1,410 = 141,000 = 94%

insurance:

100 x 90 =       9,000 =   6%

   total         150,000

combo: 165,000

sales revenue:             165,000 x 94% = 155,100

insurance fee earned: 165,000 x 6% =      9,900

7 0
3 years ago
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