Answer:
Gross Domestic Product
= $500
<em>GDP is the final value of goods and services. The haircut is valued at $500 so is GDP. </em>
Net National Product:
= GDP - Depreciation
= 500 - 80
= $420
National Income
= $420
<em>This is the income that a resident of the country earns and $420 is what Barry earned in net income.</em>
Personal Income
= National income - Retained earnings
= 420 - 120 - 50
= $250
Disposable Personal Income (Dollars)
= Personal income - income taxes
= 250 - 90
= $160
Answer:
B. False.
Explanation:
The above statement is false in that it asserts that information has not become the lifeblood of every organization. While it's true that an increasing volume of information today has increased and exchanged through the social networks and web2.0 tools like blogs, microblogs and wikisa, this further lends credence to the indispensability of information in this contemporary times.
In contrast, what Frank and Smallwood(2013) preached was that information has now become a lifeblood of every organization. This is an undisputed reality in their study and intellectual intervention. Thus, they went on give a demographic distribution of information through the use of social networks and/or web2.0 tools like blogs, microblogs, and wikisa.
Answer:
Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.
Securities that represent part ownership or equity in a corporation
ture
Answer:
Annual demand (D) = 1,600 units
Ordering cost per order (Co) = $16
Holding cost per item per annum (H) = $8
EOQ = √2Dco
H
EOQ = √2 x 1,600 x $16
$8
EOQ = 80 units
Explanation:
EOQ is the square root of 2 multiplied by annual demand and ordering cost per order divided by holding cost per item per annum.
