Answer:
$9 million
Explanation:
Gross domestic product is defined as the total monetary value of all goods and services produced by a country in a given period. It is used to measure the countries wealth and economic growth .
GDP can be calculated based on expenditure, production, or by income.
Types of GDP measurements include real GDP, nominal GDP, GDP growth rate, and GDP per capita.
Gross domestic product= Total output - intermediate goods in production {products from Canada}
Gross domestic product= 10 million- 1 million
Gross domestic product= $9 million
Answer:
9 million dollars
Explanation:
Team dynamic theories are now being utilized to determine team performance because it evaluates how well the team members interact with each other. How they coordinate and exchange ideas with each other are determinants that measure their potential as a team.
Answer:
a. $10,000; -$20,000
Explanation:
Accounting profit is total revenue less total cost.
Economic profit is accounting profit less implicit cost or opportunity cost.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Total cost = $30,000 + $80,000 + $20,000 = $130,000
Accounting profit = $140,000 - $130,000 = $10,000
If Bessie didn't start her farm, she would be working as a teacher. thus, her opportunity cost is what she would have been earning as a teacher which is $30,000.
Her economic profit = $10,000 - $30,000 = $-20,000
I hope my answer helps you
The coffee shop's practice of counting its inventory of bags of whole bean coffee every Wednesday morning is an example of a periodic inventory tracking system.
In a periodic inventory system, the inventory is not continuously updated in real-time. Instead, physical counts are conducted periodically, typically at regular intervals, to determine the quantity of inventory on hand.
In this case, the coffee shop chooses to conduct inventory counts on a specific day (Wednesday morning) to track the number of bags of whole bean coffee available.
By doing so, they can assess their stock levels, identify any discrepancies or shortages, and make informed decisions about restocking and managing their inventory.
Compared to perpetual inventory systems where inventory levels are continuously monitored using technology like barcode scanning, periodic inventory systems require physical counts and rely on manual record-keeping.
While periodic systems may be less precise and may not provide real-time information, they can still be effective for businesses with manageable inventory levels and where the cost of implementing a perpetual system may not be justified.
To know more about inventory tracking system refer here
brainly.com/question/31857006#
#SPJ11
A.)shares
B.)bonds
C.)annuities
You should be encouraged to work inJapan as the growing American preferencefor Japanese goods will lead to an increase the value of the yen relative tothe U.S dollar and raise the value of your savings when converted to dollars.