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Genrish500 [490]

2 years ago

6

Before purchasing services, citizens must often make assessments of their quality based on reputation. Group of answer choices T

rue False

1 answer:

Tanzania [10]2 years ago

3 0

True actually because look in your text books !!

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Super Saver Groceries purchased store equipment for $44,500. Super Saver estimates that at the end of its 10-year service life,

lions [1.4K]

Answer:

1) Using straight line method , depreciation for first year is $4,000

2) Using double declining balance , depreciation for first year is $8,900

3) Using activity based method, depreciation for first year is $5,600

Explanation:

Given:

Cost = $44,500

Useful life = 10 years

Salvage value = $4,500

Useful life in hours = 10,000 hours

Super Saver used the equipment for 1,400 hours the first year.

1) Straight line method

Depreciation for first year = (cost - salvage value) ÷ useful life

= $(44,500 - 4,500) ÷ 10

= $4,000 per year

2) Double declining balance

Depreciation rate = (100 ÷ useful life) × 2

= (100 ÷ 10) × 2

= 20%

Depreciation for first year = $44,500 × 20%

= $8,900

3) Activity based

Rate = cost - salvage value ÷ useful life in hours

= ($44,500 - $4,500) ÷ 10,000

= 4 per hour

Depreciation for first year = 1,400 × 4

= $5,600

4 0

3 years ago

Suppose the government passes a law eliminating holidays and, as a result, the production of goods and services increases becaus

hjlf

Answer:

B) GDP would definitely increase because GDP excludes leisure.

Explanation:

The gross domestic product GDP includes the market value of all the final and legal goods and services produced within a country during one year.

Leisure time by itself is not included in the GDP, recreational and travel activities are, e.g. hotel services, restaurants, camping equipment, etc.

8 0

3 years ago

Which of the following most correctly demonstrates the opportunity cost of

Svetllana [295]

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices which is in terms of entertainment, food, and shopping. Thus, statement B is correct.

<h3>What do you mean by opportunity cost?</h3>

In microeconomic theory, the opportunity cost of a particular activity alternative is the loss of price or advantage that could be incurred through engaging in that activity, relative to engaging in an alternative activity providing a better return in value or advantage.

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices in terms of entertainment, food, and shopping. Thus, statement B is correct.

Learn more about Opportunity cost here:

brainly.com/question/1549591

#SPJ1

3 0

2 years ago

Andrea purchased an auto insurance policy with bodily injury liability limits of 250/500 ($250,000/$500,000). She also purchased

Yuki888 [10]

Answer:

Auto insurance policy with Bodily injury liability limits = 250/500

personal umbrella policy with a limit = $1 million

Self-insured retention = $500

Here, total claim = $750,000

Amount paid by the auto insurance policy = $250,000

Remaining = $750,000 - $250,000

= $500,000

Remaining claim amount of $500,000 shall be paid by the umbrella policy.

8 0

3 years ago

Shelby is looking to purchase a new car. She knows from her marketing class, that she should research the different models she i

MaRussiya [10]

Answer:

This example shows that one of the reasons to study marketing is that it is a part of everyday life.

Explanation:

Marketing can be defined as the process through which products reach from concept to the customers. It involves the process of studying, observing and understanding the market. Market research is done to understand the needs of consumers.

There are a number of reasons it is beneficial to study marketing. For instance,

We often come across marketing in daily life.
Marketing graduates get a good salary.
There is always a demand for marketing experts.
It is a diverse career choice and provides jobs in a number of fields.

6 0

3 years ago