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2 years ago

Discuss 5 sources of government revenue in the economy

1 answer:

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The government may either sell goods or render services like train, city bus, electricity, transport, posts and telegraphs, water supply, etc. The government also earns revenue from the production of commodities like steel, oil, life-saving drugs, etc.

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Your assistant wants to use secondary data exclusively for the current marketing research project. You advise him that the use o

Rudik [331]

Answer:

D) It is generally more expensive to obtain than primary data.

Explanation:

A) It may not exist.

Problem. Primary data may not yet be available due to its sensitivity of the primary data.

B) It may not be relevant

Problem. Published data may not be applicable to your region. For example published data for Asia might not be applicable to Africa.

C) It may not be impartial.

Problem. Primary data used to create the secondary data might not treated all rivals equally.

D) It is generally more expensive to obtain than primary data.

Not a problem. Secondary data is not expensive as compared to primary data.

E) It may not be current.

Problem. Primary data collected might be out of date thus can not be used recent decisions as many things would have changed.

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3 years ago

(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985. (ii) Explain the principal agricultural pract

Nimfa-mama [501]

Answer:

(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985.

The use of modern agricultural techniques became widespread around many regions in the world. This led to higher yields through the use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.

(ii) Explain the principal agricultural practices/technologies associated with the green revolution.

extensive use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.

(iii) Name TWO regions, in different parts of the world, where the green revolution has had a significant impact on crop yields.

In North America, Mexican food production increased and they stopped importing food. Although currently that has reversed, and it is importing even more food than before.
In Brazil, agricultural production increased dramatically. Both total farmed area and yields have continued to increase in the past years becoming a threat to the amazon basin.

(b) Identify and discuss TWO social, political, or cultural conditions necessary for the success of the agricultural practices/technologies of the green revolution.

Emigration from rural areas to urban areas which resulted in a rapid expansion of urban centers. Since less labor was needed in farms, many people left rural areas due to lack of jobs.
People started accepting genetically modified crops, which were not well accepted at first. A lot of money was invested in research and development of new seeds, fertilizers and pesticides.

(c) Identify and discuss TWO significant economic or ecological factors that may limit the long-term success of the agricultural practices/technologies of the green revolution.

Many new agricultural techniques have resulted in a decrease of soil fertility. In many places crops cannot grow unless a lot of fertilizer is used.
Countries were the green revolution was originally successful, like Mexico (where it started), have reduced the total area dedicated to crops. As the yields increased, the price of food started to decrease and many small farms could not keep operating.

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3 years ago

What is the difference between ancient trade and modern trade

alexira [117]

Answer:

The main difference between traditional trade and modern trade is that, distribution in modern trade is more organized. Retailers often deal directly with manufacturers. Many large retail chains have integrated their services to offer their own brands in groceries and other goods.

Explanation:

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3 years ago

Ben created a site that allows potential customers to fill in their information if they want a free consultation. What did Ben c

Sauron [17]

Answer: the correct answer is call-to-action.

Explanation:

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3 years ago

Applying Factory Overhead Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor

gizmo_the_mogwai [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Applying Factory Overhead Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor hours are estimated to be 80,000.

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 620,000/80,000= $7.75 per direct labor hour

B) Bergan Company accumulated 2,500 hours of direct labor costs on Job 200 and 3,000 hours on Job 305.

Job 200:

Allocated overhead= 2,500*7.75= $19,375

Job 305:

Allocated overhead= 3,000*7.75= $23,250

C) Job 200 19,375

Job 305 23,250

Allocated Overhead 42,625

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3 years ago

Discuss 5 sources of government revenue in the economy ​

Discuss 5 sources of government revenue in the economy