Answer:
National income
Explanation:
Income method of gross domestic product (GDP) measurement is focused onto the accounting fact that almost all economic spending should be equivalent to the amount of revenue earned by the output of all consumer products and services.
This method also supposes that an economy has 4 major production determinants and all earnings must go to any of these 4 sources. Thus a simple calculation of the gross tangible value of commerce over a span could be made by combining all revenue sources.
Thus, from the above we can conclude that the correct option is C.
<h2>The contract is invalid.</h2>
Explanation:
- An online though it has some cons like "cannot touch and feel, color may slightly vary from the original to the picture given, quality cannot be measured, etc".
- But the scenario given here is the expected / ordered color is different from the received one and it is wrong that the website is not accepting.
- This website is not user-friendly and the fault from the website side is not accepted which once again re-insist the unfriendliness.
- Any website should allow the user to do easy exchange and returns because of various reason said in point no.1.
- If the website continues with same invalid contract, then it will lose its name and lose the customer too.
Answer:
A.
Explanation:
In a perfectly competitive market, buyers and sellers are free (by definition) to enter or leave the market as they choose.
That is, individuals are neither forced into nor prevented from engaging in a certain business, provided they have the expertise and the financial resources required.
A perfectly competitive market has the following characteristics:
-There are many buyers.
-There are many sellers. Firms can freely enter or exit the market. All sellers sell the same or similar products. It means that the goods offered by the various sellers are largely the same.
-Firms can freely enter or exit the market.
Answer:
Units completed= 38,400
Units in process= 5,600
Explanation:
Giving the following information:
Beginning inventory= 0
During January:
44,000 units started
30,000 completed
14,000 remained in the process
The ending inventory in the Mixing Department was 60% complete concerning conversion costs.
<u>To calculate the equivalent units under the weighted average method, we need to use the following structure:</u>
Weighted average:
Beginning inventory= 0
Units completed in the period= 30,000
Ending inventory WIP= 14,000*0.6= 8,400
Units completed= 38,400
Units in process= 5,600
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