Answer:
The correct answer is: add exports but subtract imports in calculating GDP.
Explanation:
National income refers to the production of goods and services by the residents of a nation within the geographical boundaries of a nation in a given period.
In the calculation of national income, net exports are included. This net export is the difference between exports and imports. In other words, we can say that exports are added and imports are included.
Answer: Option A
Explanation: In simple words, it refers to the pricing strategy in which the firm initially charge a lower price of product to attract the customers and make a strong position in the market.
Hence it is effective only on those markets where the customer gives value to price more than the quality and assurance he is getting from the existing product.
Thus, from the above we can conclude that the correct option is A.
Answer: mental models.
Explanation: A mental model is an explanation of someone's thought process about how something works in the real world and learning a new mental model gives you a new way to see the world. Furthermore, It’s represent the surrounding world, the relationships between its several parts and an individual intuitive perception about his or her own acts and their consequences.
96,000 is the cost of goods sold.
Beginning inventory, $30,000;
Add: Purchases, $90,000.
Less: Ending inventory $24,000;
Cost of Goods Sold $96,000
Cost of Goods Sold is the number of direct materials, direct labor, and manufacturing overhead charged to the units sold during the period. Presented as a deduction from net sales to obtain gross margin for the period. The cost of goods sold is the total amount paid by a company for expenses directly related to the sale of its products. Depending on the business, this may include direct labor associated with manufacturing or selling products, raw materials, packaging, and merchandise purchased for resale purposes.
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