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2 years ago

1. The is the sum total of business activity in an area,

Business

1 answer:

levacccp [35]2 years ago

3 0

The <u>economy </u>is the sum total of business activity in an area.

<h3>What is the economy?</h3>

The economy of a country is its status in relation to the production and utilization of goods and services, as well as the supply of money.

This domain includes the:

Production,
Distribution, and
Trading of products and services by various agents.

The economy is described broadly as a social domain emphasizing the activities, discourses, and material manifestations linked with the creation, use, and administration of scarce resources.

Learn more about the Economy here:

brainly.com/question/1690575

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Name some of the faculties of Nepal Sanskrit University?

n200080 [17]

Explanation:

Agricultural Engineering

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3 years ago

Read 2 more answers

Based on what you learned in The Power of the Informal Economy video, what is the informal economy and how many people in the wo

frosja888 [35]

Answer:

1.8 billion people are employed in System D.

Explanation:

System D is a large informal economy. It is an open economic arena where everything is available. Though it is very large, it doesn’t include two-thirds of the workers in the world. The people who are a part of System D are about 1.8 billion people in the world. The economy is worth $10 trillion per year.

In informal economy varied set of economic activities happen. The enterprises, jobs and workers are not regulated or protected by the state. It is basically mean self-employment in small enterprises.

Yes, United States has an informal economy. Government does not tax or monitor the black market and market of illegal drugs.

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3 years ago

Scenario D: Theo, Diana, and Teddy, who work for different organizations, are comparing the diversity makeup of their respective

Marrrta [24]

Answer:

"B"

Explanation:

Monolithic organization is an organization that forcefully incorporate all employees into a particular culture being practiced. It can be a very large organization but lack flexibility and its rate of reaction to changes can be very slow.

Its operational system are complicated as resources can be scarce. It believes it can influence employees' motivation, customers, the market and any other complex system.

This description fits into the situation at Teddy's place of work

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3 years ago

Foster Industries manufactures 20,000 components per year. The manufacturing cost of the components was determined as follows: D

olasank [31]

Answer:

$25,000 increase

Explanation:

Cost of Manufacturing Amount

Direct Materials $150,000.00

Direct Labor $240,000.00

Inspecting products 60,000 x 0.90 $54,000.00

Providing Power 30,000 x 0.90 $27,000.00

Providing Supervision 40000 x 0.60 $24,000.00

Setting up Equipment 60000 x 0.50 $30,000.00

Moving Materials 20,000 x 0.50 $10,000.00

Total $535,000.00

Buying Cost (20000 x 25.50) $510,000.00

Incremental Saving by Purchase ( $535000-$510000) $25,000.00

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3 years ago

Dave mentions that insurance is the defense for managing your money. Why is this true?.

777dan777 [17]

Insurance is a method of defense when it comes to managing your money according to Dave because it prevents you from incurring more debt.

<h3>How does insurance defend your money?</h3>

According to Dave Ramsey, a defense method in managing your money is one that helps you reduce or avoid debt.

Insurance is therefore a defense for managing your money because it saves you from having to incur debt when you pass through a dangerous situation because the insurance will pay out instead of you having to borrow.

Find out more on the purpose of insurance at brainly.com/question/1941778.

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2 years ago