Answer:
OB. Gross Purchases.
Explanation:
Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns), discounts and allowances received.
Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.
Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.
Answer:
total opportunity cost is $44
Explanation:
given data
parking fee = $4
earn = $10 per hour
time = 4 hour
to find out
opportunity cost
solution
we first find 4 hour earning that is
earning = earn × time
earning = 10 × 4
earning in 4 hours = $40
and
saving = $4
so total opportunity cost = saving + earning
total opportunity cost = $4 + $40
so total opportunity cost is $44
Answer:
He is an <u><em>Underemployed Worker</em></u>
Explanation:
Underemployment takes place <em>when not all of the skills, education, or availability of workers ' jobs are used to work.</em>
There are two types of underemployment, visible and invisible, as per the Organization for Economic Cooperation and Development.
Visible underemployment involves employees who work less than the average hours in their profession. They are desperate to work longer hours, so they can't get permanent jobs.
Invisible underemployment involves employees who do not use all of their skills in full-time jobs. This where Archie falls in. It's almost impossible to measure this sort of underemployment. It requires considerable study comparing the skills of workers to the requirements of employment.
Answer:
what kind of question is this ?
Explanation:
Explanation:
economists measure its performance by studying the gross domestic product (GDP)
If GDP goes up, the economy is growing; if it goes down, the economy is contracting.