What is the unitary method in economics with example?

- Let us understand the application of unitary method by an example: Suppose Ram buys a dozen (12) bananas for 36 Rs. The cost of 12 bananas = 36 Rs. The cost of 1 banana = 36÷12 = 3 Rs. Hence a single banana costs 3 rupees.

Apr 08, 2022 · In the United States for example,

**taxation**is apportioned based on the unitary combination of a corporation and all its entities (both domestic and worldwide entities). Worldwide unitary combined reporting for the approval of the US Supreme Court in 1983 and it has been used overtime by many states in the U. S.For example, if a car runs 44 km on 2 litres of petrol then we can use the unitary method to find out the kilometres it will cover on 1 litre of petrol. In other words, the method by which we find out the value of one unit and further use it to find the value of multiple units is known as

**the unitary method.**People also ask

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**accounting**cycle is an eight-step**system**accountants use to track transactions during a particular period. Accounts Payable. Accounts payable (AP) tracks money owed to creditors.**Examples**include bank loans, unpaid bills and invoices, debts to suppliers or vendors, and credit card or line of credit debts.A

**unitary**state, or**unitary**government, is a governing**system**in which a single central government has**total**power over all of its other political subdivisions. A**unitary**state is the opposite of a federation, where governmental powers and responsibilities are divided. In a**unitary**state, the political subdivisions must carry out the directives ...- What Is Unitary Method?
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**The unitary**method**is**a method in which you find**the**value**of**a unit and then**the**value**of**a required number**of**units.**What**can units and values be? Suppose you go to**the**market to purchase 6 apples.**The**shopkeeper tells you that he**is**selling 10 apples for Rs 100. In this case,**the**apples are**the**units, and**the**cost**of the**apples**is the**value. Whi...If we need to find the ratio of one quantity with respect to another quantity, then we need to use the unitary method. Let us understand with the help of examples. Example:

**Income of Amir**is Rs 12000 per month, and that of Amit is Rs 191520 per annum. If the monthly expenditure of each of them is Rs 9960 per month, find the ratio of their savings. ...In

**the unitary**method,**the**value**of**a unit quantity**is**calculated first to calculate**the**value**of**other units. It has two types**of**variations. 1. Direct Variation 2. Inverse Variation**The unitary**method finds its practical application everywhere ranging from problems**of**speed, distance, time to**the**problems related to calculating**the**cost**of**materials. 1.**The**method**is**used for evaluating**the**price**of**a good. 2. It**is**used to find**the**time taken by a vehicle or a person to cover some distance in**an**hour. 3. It**is**used in busines...