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3 years ago

What is an accurate definition of a value?

Business

1 answer:

jenyasd209 [6]3 years ago

4 0

Answer:

A possible answer: Value is how much worth something has to you.

Explanation:

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Suppose Country A and Country B each have a GDP equal to $440 billion and $560 billion respectively. Country A has 100 million p

Ber [7]

Answer:

A. Higher in Country A

Explanation:

So to get per capita income

Formula

GDP/Population

Therefore

For Country A

440/100=4.4

Per capita income for country A is 4.4

For Country B

560/175=3.2

Per capita income for country B is 3.2

So the per capita income for country A is higher than Country B

3 0

2 years ago

The XYZ Chemical Company must ship 9,500 gallons of pesticides from its plant in Cincinnati, Ohio, to a customer in Columbia, Mi

never [62]

Answer:

Henderson = $1,200

Central States = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

Explanation:

The question is to do an evaluation of the costs of use Henderson Bulk Trucking Company or the Central States Railroad

Step 1) Determine the cost of using Henderson

What is the cost per tank truck = $600

What is the capacity in gallons = 700 galloons

However, since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of 2 trucks from Henderson as follows

The cost of Henderson Bulk Trucking = $600 x 2 = $1,200

Step 2) Determine the cost of using Central Railroad

What is the cost per tank truck = $1000

What is the capacity in gallons = 23,500 galloons

since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of only one of the trucks

The cost of Central Roilroad= $1000 x 1 = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

3 0

3 years ago

What type of relationship exists between interest rates and aggregate spending?

kakasveta [241]

Answer:

Explanation:

Higher real interest rates reduces aggregate expenditure by increasing the cost of loans while increasing the earnings from savings. Both factors reduce expenditures by reducing consumption and investments, and therefore, aggregate expenditure.

7 0

3 years ago

Read 2 more answers

Poorly timed discretionary macroeconomic policy can do more harm than good. getting the timing right with fiscal policy is gener

Bad White [126]

Poorly timed discretionary macroeconomic policy can do more harm than good. getting the timing right with fiscal policy is generally more difficult than with monetary policy.

The macroeconomic policy aims to provide stable financial surrounding that is conducive to fostering robust and sustainable financial growth. the key pillars of macroeconomic coverage are economic policy, financial coverage, and change charge coverage. Macroeconomic policy is concerned with the operation of the economic system as an entire.

The 3 essential forms of government macroeconomic policy are economic policy, economic coverage, and supply-facet regulations. different government guidelines along with business, opposition, and environmental regulations. Rate controls, exercised by the government, additionally have an effect on private region manufacturers.

The microeconomic policy is a motion taken via the government to improve resource allocation among companies and industries if you want to maximize output from scarce assets. Macroeconomic coverage is crucial to the authorities' long-time coverage of reducing constraints on growth inclusive of inflation even as improving LT increases.

Learn more about macroeconomic policy here brainly.com/question/3405421

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8 0

1 year ago

Suppose that Italy and Sweden both produce rye and cheese. Italy's opportunity cost of producing a pound of cheese is 5 bushels

mars1129 [50]

Answer:

Italy has a comparative advantage in the production of cheese

Explanation:

Suppose that Italy and Sweden both produce rye and cheese.

Italy's opportunity cost of producing a pound of cheese is 5 bushels of rye while Sweden's opportunity cost of producing a pound of cheese is 10 bushels of rye.

By comparing the opportunity cost of producing cheese in the two countries, you can tell that Italy has a comparative advantage in the production of cheese because it has a lower opportunity cost (as a matter of fact half the cost) in comparison with Sweden.

Comparative advantage is an economic term that refers to an economy's ability to produce goods and services at a lower opportunity cost than that of trade partners

6 0

2 years ago