Answer: 1- the standard of living in a country.
Explanation: The standard of living is a measure of the material aspects of an economy. It counts the amount of goods and services produced and available for purchase by a person, family, group, or nation.
The generally accepted measure of the standard of living is GDP per Capital. This is a nation's gross domestic product divided by its population. The GDP is the total output of goods and services produced in a year by everyone within the country's borders. it can also be measured using the gross national income divided by purchasing power parity.
Answer: b.Correctly ignored a sunk cost
Explanation:
Sunk costs are those that are already incurred and should not have any influence on the decision to be made.
The cost of the ticket to the play has already been incurred and could not be sold, exchanged or transferred so was a sunk cost. By going to the concert with Simone, Ravi decided to ignore a sunk cost and he was correct to do so.
Answer:
Customer Cost Marginal cost Total Revenue Profit
1 $30 0 10 -20
2 $32 2 20 -12
3 $35 3 30 -5
4 $38 3 40 2
5 $42 4 50 8
6 $48 6 60 12
7 $57 9 70 13
8 $68 11 80 12
Therefore, profit from the 7th customer load is the highest. So, he want 7th customer load.
Answer:
<u>Performance next year
</u>
If impressive funds performed excellent in the last year, it does not mean that the same fund would be the top performer in the coming year. Performance depends upon the market and the financial position of the company in which one has invested funds.
Moreover, it also depends upon market conditions. Performance of funds generally increases when the economy is booming, and decreases when the economy is facing recession. So, before investing in any fund an investor should make a deep understanding of the prospects and opportunities to the company in terms of its financial position and growth.
Answer:
1.875 years
Explanation:
The payback period is the period required for a project to repay its initial investments.
Pay back period = initial investments/ initial investments
In this case: Initial investments: $ 1,500,000.00
cash flows :
Year initial invest Accumulated Depreciation
0 ( 1,500,000.00) (1,500,00.00
1 800,000 800,000
2 700,000 700,000/800,00
Payback period = 1 year + 700,000/800,000
= 1.875 years
