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PSYCHO15rus [73]
3 years ago
14

What is human resources in south Africa​

Business
1 answer:
luda_lava [24]3 years ago
5 0

Explanation:

Human resources refer to a country's population, their skills and abilities

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All of the following statements about GDP are false except Group of answer choices Higher GDP reflects more equal distribution i
zheka24 [161]

Answer:

Higher GDP reflects higher economic growth of an economy

Explanation:

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

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceeds import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

6. Measures for calculating happiness. so higher GDP doesn't indicate higher happiness

5 0
3 years ago
Your buddy in mechanical engineering has invented a money machine. The main drawback of the machine is that it is slow. It takes
sergey [27]

Answer: He should decline production of the machine.

Explanation:

Analyzing the problem, we can determine if he should proceed or not by calculating the Net present value. That is present value of the machine in terms of perpetuity as it will be used forever and the cost incurred in its production.

Given the following ;

To manufacture $200 = 1 year, meaning

Amount or yearly payment = $200

Cost of machine = $2,000

Interest rate(r) = 11.5% = 0.115

Recall;

Present the value if perpetuity ;

(Payment per period ÷ rate)

= $200 ÷ 0.115 = $1739.13

Net present value = $1,739.13 - $2000 = - 260.87

Given the negative value of NPV, the cost outweighs the benefit, hence, he should decline.

5 0
3 years ago
The following cost behavior patterns describe anticipated manufacturing costs for 2019: raw material, $7.50/unit; direct labor,
kykrilka [37]

Answer:

                                         Unit cost

                                                $

Variable costing                    18

Absorption costing               26.5

Explanation:

<em>Variable costing values every unit produced at the marginal cost</em>. Marginal cost is the sum of direct material, direct labor and variable overhead.

Marginal cost = 7.50 + 10.50 =$18

<em>Absorption costing values every unit at full cost</em>. Full cost is the sum of marginal and fixed overhead cost per unit,

Fixed overhead cost per unit =  $297,500/35,000=8.5

Full cost = 7.50 + 10.50 + 8.50= $26.5

                                     Unit cost

                                                $

Variable costing                    18

Absorption costing               26.5

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3 0
3 years ago
A user is working with the range titled "Emp_Info” as shown in the Excel file below.
Alex Ar [27]

Answer:

C. Accounts

Explanation:

Took the test

3 0
3 years ago
When a​ firm's longminus−run average cost curve is horizontal for a range of​ output, then in that range production displays?
Lostsunrise [7]

Answer:

constant returns to scale

Explanation:

Constant returns to scale describes a scenario when long run returns as the scale of production increases, when all input levels including physical capital usage are variable.

7 0
3 years ago
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