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barxatty [35]
2 years ago
11

Provide the economic term/concept for each of the following descripcions inte

Business
1 answer:
likoan [24]2 years ago
8 0

Answer:

Provide the economic term/concept for each of the following descripcions inte

only the term/concept next to the question number. No abbre hations will be accept

1.3.1 Compensation of employees, plus net operating surplus, plus consumption on feed

capital

1.32 This method is the value of final output produced by the three sectors of the economy

1.3.3 The method used to determine national income by totalling expenditure on final goods

and services.

1.3.4 The total income of the nation divided by the average income of the population

1.3.5 Wages, rent, interest and profit are exchanged for in the circular flow

1.3.6 A document showing anticipated revenue and estimated expenditure

1.3.7 This is paid to producers to reduce the costs of production and encourage the

production of goods and services.

1.3.8 They take the initiative to establish enterprises.

1.3.9 Relationship between the quantity of output and quantity of input

1.3.10 Rewards of the owners of capital

1.3.11 Free gifts of nature

1.3.12 A study that deals with the behaviour of individual consumers households or firms

1.3.13 When something is short in supply or not readily available

1.3.14 Deals with the behaviour and decision of the whole economy

13.15 Occurs when the capital stock grows at the same rate as the labour force

1.3.16 The amount that the worker receives each day, each week or at the end of a mant

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A(n) ________ is thought of as an overarching system of formal and informal relationships within which the firm participates to
Radda [10]

Answer:

value network                

Explanation:

In simple words, A value system refers to the graphical representation of the technological and social tools and how they are used within / around organisations. The points represent the public in a network of values. The entities are linked by means of connections representing goals and objectives. These outputs may be objects, information or income.

4 0
2 years ago
City residents were recently surveyed about issues of importance in their neighborhoods. Most agreed that crime was a big concer
Feliz [49]
<span>
Having more police around would decrease the crime rates because the criminals would either be scared of getting caught or would attempt and get caught.
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Therefore, your answer would be
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D. City residents will support mayoral candidates who propose increasing the size of the police force.</span><span>
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8 0
3 years ago
Read 2 more answers
Which type of clause enables a seller to keep a property on the market after receiving a contingent offer, and to accept an offe
USPshnik [31]

Answer:

Bump clause

Explanation:

A bum clause is a clause that is used in real state transactions that allows the sellers to get into a contract with a buyer while allowing them to maintain the property in the market and if they get another offer, they have the right to take it. This is generally used when buyers include conditions like selling their home first to allow the seller to keep looking for another opportunity.

According to this, the answer is that the type of clause that enables a seller to keep a property on the market after receiving a contingent offer, and to accept an offer from a second buyer is a bump clause.

3 0
2 years ago
McBride’s Dairy has 200 gallons of heavy cream and 600 gallons of skimmed milk and has incurred $1,000 of joint costs at the spl
Katyanochek1 [597]

Answer:

Cream $560

Explanation:

Units Selling price Sales value Percentage of sales value Allocated cost

Cream200 15    3,000    3,000/5,400 = 56%                1,000 x 56% = $560

Skimmed

milk600 4 2,400 2,400/5,400 = 44% 1,000 x 44% = $440

Total                   $5,400 100% $1,000

Therefore the  amount  of joint cost allocated to cream  is  $560

3 0
2 years ago
Suppose the local slaughterhouse gives off an unpleasant stench. the price of meat would then be _______ because not all of the
Ivanshal [37]

Suppose the local slaughterhouse gives off an unpleasant stench. the price of meat would then be too low because not all of the costs are accounted for in the marketplace.

When the price of an item increases, buyers tend to purchase less of that item due to both the substitution effect and the income effect. When the pizza was on sale at the student council he was selling for $2, Mo didn't buy any. When the price dropped to $1.75 he bought one for Moe's daily lunch.

An increase in demand and a decrease in supply raises the slaughterhouse price, but the effect on the equilibrium quantity cannot be determined. 1. For each quantity, consumers should place a higher value on the goods and producers should set a higher price to supply the goods. Therefore, the price is higher.

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7 0
1 year ago
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