a) To find the equilibrium level of output (Y), we need to set aggregate demand (AD) equal to aggregate supply (AS).
AD = C + I + G + (X - IM)
= (60 + 0.9Y) + 300 + 120 + (120 - 0.31Y)
AS = Y
Setting AD equal to AS:
60 + 0.9Y + 300 + 120 + 120 - 0.31Y = YSimplifying the equation:
600 - 0.41Y = YCombining like terms:
1.41Y = 600Dividing both sides by 1.41:
Y = 425.53Therefore, the equilibrium level of output (Y) is approximately 425.53.
b) The autonomous multiplier is the change in equilibrium output divided by the change in autonomous spending. In this case, autonomous spending refers to investment (I).
Change in Y = Y - Y0
= 425.53 - 0
= 425.53
Change in I = I - I0
= 100 - 300
= -200
Autonomous multiplier (k) = Change in Y / Change in I
= 425.53 / -200
= -2.128
Therefore, the autonomous multiplier is approximately -2.128.
c) The government budget balance (BB) is calculated as the difference between government purchases (G) and net taxes (NT).
BB = G - NT
= 120 - 0.1Y
Substituting the equilibrium output (Y = 425.53):
BB = 120 - 0.1(425.53)
= 120 - 42.553
= 77.447
Therefore, the government budget balance (BB) is approximately 77.447.
d) Given that investment spending drops from 300 to 100, we need to adjust the equation for aggregate demand (AD):
AD = C + I + G + (X - IM)
= (60 + 0.9Y) + 100 + 120 + (120 - 0.31Y)Setting AD equal to AS:
60 + 0.9Y + 100 + 120 + 120 - 0.31Y = YSimplifying the equation:
400 - 0.41Y = YCombining like terms:
1.41Y = 400Dividing both sides by 1.41:
Y = 283.69Therefore, the new equilibrium level of output (Y) is approximately 283.69.
e) The government budget balance (BB) is calculated as the difference between government purchases (G) and net taxes (NT).
BB = G - NT
= 120 - 0.1Y
Substituting the new equilibrium output (Y = 283.69):
BB = 120 - 0.1(283.69)
= 120 - 28.369
= 91.631
Therefore, the government budget balance (BB) is approximately 91.631.
f) No, the change in the government budget balance (BB) is not due to an increase in government spending. It is primarily caused by the drop in investment spending.
g) To push the economy back to the equilibrium level of output (Y = 425.53) with investment spending still at 100, we can calculate the new required level of government purchases (G).
AD = C + I + G + (X - IM)
= (60 + 0.9Y) + 100 + G + (
120 - 0.31Y)
Setting AD equal to AS:
60 + 0.9Y + 100 + G + 120 - 0.31Y = YSimplifying the equation:
280 + 0.59Y + G = YRearranging the equation:
0.41Y - G = 280Since we want the investment spending to remain at 100, we substitute I = 100:
0.41Y - 100 = 280Solving for Y:
0.41Y = 380Y = 926.83Therefore, the new required level of government purchases (G) to push the economy back to the equilibrium level of output is approximately 926.83.
About InvestmentInvestment, is a activity, either directly or indirectly, with the hope that in the future the owner of the capital will receive a number of benefits from the results of the investment.
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Smith & Sons uses the allowance method of handling its credit losses. It estimates credit losses at two percent of credit sales, which were $1,900,000 during the year. On December 31, the Accounts Receivable balance was $300,000, and the Allowance for Doubtful Accounts had a credit balance of $21,400 before adjustment. Show how Accounts Receivable and the Allowance for Doubtful Accounts would appear in the December 31 balance sheet. (Do not use negative signs with your answers.)
Answer: See explanation
Explanation:
Firstly, we need to calculate the amount of bad debt. This will be:
= Credit sales × Bad debt expense
= $1900000 × 2%
= $38000
Also, the adjusted balance of allowance account will be the addition of the uadjusted balance of Allowance account and the bad debt expense which will be:
= $21,400 + $38000
= $59,400.00
Then, the balance sheet will be:
Accounts receivables = $300,000
Less: Allowance for Doubtful Accounts = $59,400
Net Realizable value of Accounts receivables = $240,600
Which of the following can help you evaluate the performance of your ads and other marketing strategies? A. Asking competitors what they think of your advertising strategy B. Collecting secondary data about your target market C. Asking customers how they found out about your company or product D. Sending out a press release multiple times
Which of the following types of advertising is most likely to help establish your company's credibility?
a. TV advertising
b. Internet advertising
c. Radio advertising
d. Word of mouth promotion
Which of the following marketing messages are consumers most likely to trust? A. A TV commercial B. An article about the company in a city newspaper C. An Internet advertisement D. A phone conversation with an employee of the company Which type of data does your company collected from customers or potential customers A. positioning data B. market share data C. primary data D. secondary data
Collecting secondary data about your target market evaluate the performance of your ads and other marketing strategies.
TV advertising is most likely to help establish your company's credibility.
An article about the company in a city newspaper marketing messages are consumers most likely to trust.
Market research is a tool that successful business owners utilize to stay on top of trends, make wiser decisions, and keep their company's competitive edge. Research is essential to comprehending your target audiences and boosting revenue, whether you're establishing or growing your organisation.There are times when business owners require more precise data on the size of their market, their target clients, and the most effective ways to approach them. Recently, we finished a study for a customer who had created a brand-new kitchen product and was looking for information on her target market. Here are some details about typical buyers for this new product that we wanted to learn.
Many business owners aspire to increase their efforts in sales and brand awareness. The efficacy of your marketing initiatives can be determined thanks to market research. We can create surveys to get consumer opinion on the style and feel of your marketing messaging. We can gauge consumer knowledge of and response to particular marketing initiatives and campaigns.
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What is the future value of $25,000 invested for 10 years with a rate of return of 8%?
Answer:
6% on an investment that will return $450,000
Explanation:
Hem and Nem are partners in a firm sharing profits in the ratio of 3:2. Their capitals were 80,000 and 60,000 respectively. They admitted Sam on Jan 1, 2019 as a new partner for 1/5th share in the future profits. Sam brought 60,000 as his capital.Calculate the value of goodwill of the firm and record necessary journal entries when Sam brings his share of goodwill in cash.
Answer:
Sam's capital account = $60,000 (for 1/5 of the firm)
the firm's total value = $60,000 x 5 = $300,000
goodwill = $300,000 - ($60,000 + $80,000 + $60,000) = $100,000
Hem's share of goodwill = ($80,000 / $140,000) x $100,000 = $57,143
Nem's share of goodwill = $100,000 - $57,143 = $42,857
the journal entry used to record goodwill:
Dr Goodwill 100,000
Cr Hem, capital, 57,143
Cr Nem, capital, 42,857
Which of the following is a “DON’T” regarding scannable résumés?
a.
Print on white paper with black ink
b.
Use special characters like italics and underlining
c.
Add spaces before and after slashes
d.
Use a clean and neat overall format
Please select the best answer from the choices provided
A
B
C
D
Answer:
B
Explanation:
took it on edge2020 :)
When it comes to scannable resumes, it is not recommended that you b. Use special characters like italics and underlining.
How should scannable resumes be designed?Because they are to be scannable, they are not to have complicated characters that might be unscannable such as special characters and underlining.
They should be printed on white paper using black ink only, and should have a format that is best described as being neat and clean.
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Yes. Companies should be protected by tariffs.. why?
Answer: See explanation
Explanation:
A tariff is a tax that the government imposes on either the imports or the exports of products or sevices.
Apart from the fact that tariff is a way of generating revenue by the government, tariffs help protect the domestic industry. This is because tariffs increases the price of imported goods.
Since there is an increase in the price of the imports, consumers tend to buy from the local manufacturer since their products tend to be cheaper when compared to the imports. This gives an edge to the domestic companies.
Select the correct answer. The table represents the Consumer Price Index for a basket of goods and services for three consecutive years. Calculate the inflation rate for 2014. 2012 (base year) 100 2013 125 2014 180 A. 50 percent B. 55 percent C. 44 percent D. 40 percent.
The inflation rate for 2014 is 55%. The correct answer is B.
To calculate the inflation rate for 2014, we first need to find the difference between the Consumer Price Index (CPI) for 2014 and the base year (2012). This can be done by subtracting the CPI for 2012 from the CPI for 2014:
180 - 100 = 80
Next, we need to divide this difference by the CPI for the base year (2012) and multiply by 100 to get the inflation rate as a percentage:
(80 / 100) * 100 = 80%
Finally, we need to subtract the inflation rate for 2013 from the inflation rate for 2014 to get the inflation rate for 2014:
80% - 25% = 55%
Therefore, the inflation rate for 2014 is 55%.
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Larkspur Corporation manufactures drones. On December 31, 2019, it leased to Althaus Company a drone that had cost $104,800 to manufacture. The lease agreement covers the 5-year useful life of the drone and requires 5 equal annual rentals of $37,400 payable each December 31, beginning December 31, 2019. An interest rate of 7% is implicit in the lease agreement. Collectibility of the rentals is probable. Prepare Larkspur’s December 31, 2019, journal entries
Answer:
First find the present value of the lease. Payments are constant and fixed so this is an annuity. As it is to be paid from the beginning, it is an Annuity due.
= Annuity * Present value interest factor of annuity due, 5 years, 7%.
= 37,400 * 4.3872
= $164,081
Date Account Details Debit Credit
Dec. 31, 2019 Lease Receivable $164,081
Cost of goods sold $104,800
Sales $164,081
Inventory $104,800
Date Account Details Debit Credit
Dec. 31, 2019 Cash $37,400
Lease Receivable $37,400
in what stage of the product development process are most new product ideas rejected because they seem inappropriate or impractical for an organization?
Idea screening is the stage of the product development process are most new product ideas rejected because they seem inappropriate or impractical for an organization.
What is Idea screening?Idea screening is the process of assessing fresh product concepts at an early stage of development to make sure they fulfill both customer and corporate needs. By concentrating on an idea with a higher chance of success, this crucial procedure lowers the risks connected with the development of new products.
the demands of both your clients and your market. specifics about the expectations and behaviors of your customers. the cost-effectiveness of your concept, taking into account the resources required for development. the viability of your idea on a technological level.
Thus, Idea screening.
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A bona fide occupational qualification would be established by all of the following except Multiple Choice 1. Harvey, an African American who was hired over more qualified candidates because of past discrimination against people of his race. 2. Sharlyn, a woman with a master’s degree from a Presbyterian seminary receiving a job offer to pastor a Presbyterian church. 3. Martina, a famous movie actor who was hired in part because she was a woman, as the role called for a mother. 4. Jerelle, a man who was hired as a fire fighter because he was strong enough to pass the physical examination and this demonstrated he could safely and effectively perform the job.
The option 3, "Martina, a famous movie actor who was hired in part because she was a woman, as the role called for a mother."
This is because a bona fide occupational qualification (BFOQ) allows employers to hire employees based on certain characteristics, such as gender or race, if they are essential to the job.
However, in Martina's case, being a woman is not essential to the job of acting, and therefore, cannot be established as a BFOQ.
BFOQs are exceptions to the general prohibition against discrimination in employment. They allow employers to discriminate on the basis of certain characteristics, such as gender or race, if they are necessary for the job. In Harvey's case, past discrimination against African Americans may have led to a need for affirmative action, making his hiring a BFOQ. In Sharlyn's case, being a woman with a master's degree from a Presbyterian seminary is necessary to pastor a Presbyterian church. In Jerrelle's case, being strong enough to pass a physical examination is necessary for being a firefighter.
A bona fide occupational qualification (BFOQ) refers to a specific job requirement that is necessary for the performance of a particular job. Options 2, 3, and 4 demonstrate examples of BFOQs, as they have qualifications directly related to the job role.
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A Ground Fault Circuit Interrupter (GFCI) is designed to do which of the following?
Select all that apply.
Detect when the current leakage is greater than 5 mA.
Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.
Interrupt the flow of electric current by tripping quickly enough to prevent electrocution from leakage
Answer: Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.
Explanation:
The main purpose of a Ground Fault Circuit Interrupter (GFCI) is to ensure that when a person gets electrocuted, the flow of electricity is cut off quickly so that no serious injuries or death occurs.
It works by monitoring the electrical leakage to the ground by checking to see if the current going to and coming from the equipment differ by a certain amount and if it does, the GFCI will interrupt the circuit.
Answer:
All of them,
Explanation:
what is marketing mix? explain 4 P's of marketing mix.
Answer:
Definition: The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix - Price, Product, Promotion and Place.
Explanation:
Plz mark brainliest thanks
The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market.
The four Ps of marketing are the key factors that are involved in the marketing of a good or service. They are the product, price, place, and promotion of a good or service.
Hope it helps!
What is an economy?
Answer: LOOK
Explanation:LOOK
which intangible product is exchanged directly between the producer and the customer?
The intangible product which exchanged directly btwn the producer and customer is " service "
A loan is borrowed money that must be returned. True or False?
Answer:
This statement is tru depending on the the type of loan it is.
Explanation:
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three dimensional. How is he MOST LIKELY to add this foreground? A. B. C. D. He might change his position to include some foreground items such as rocks or grasses. He might tilt his camera up to better capture the tops of the hills. He might add some framing trees in the middleground of his image. He might circle around to the side of the hills to capture the cows standing on top. PLS HELP!!
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.
The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.
Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.
Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?
A. He might change his position to include some foreground items such as rocks or grasses.
B. He might tilt his camera up to better capture the tops of the hills.
C. He might add some framing trees in the middle ground of his image.
D. He might circle around to the side of the hills to capture the cows standing on top.
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Unions may be established in a(n) _____ of a company, representing only one department or job category within the company.
Unions may be established in a bargaining unit of a company, representing a specific department or job category.
A bargaining unit refers to a defined group of employees who share common interests and are eligible to form or join a union. In this context, unions can be established within a specific bargaining unit, representing a particular department or job category within the company. This allows employees in that specific group to collectively bargain with the employer regarding their wages, working conditions, and other employment-related matters.
Bargaining refers to the process of negotiation and reaching an agreement between two or more parties to settle a dispute, reach a mutually beneficial outcome, or determine the terms of a transaction. It involves the exchange of offers, counteroffers, and concessions as each party seeks to maximize their own interests while finding a middle ground acceptable to all parties involved.
Bargaining refers to the process of negotiation and reaching an agreement between two or more parties to settle a dispute, reach a mutually beneficial outcome, or determine the terms of a transaction. It involves the exchange of offers, counteroffers, and concessions as each party seeks to maximize their own interests while finding a middle ground acceptable to all parties involved.
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A company using public relations sends information to media outlets such as newspapers and ratio stations. Who decides what Information about the company the outlets will publish?
Answer:
The media outlets should be correct
Explanation:
A P E X
Is a business plan a one time fee?
Answer:
i think so :)
Explanation:
Consolidated Net Income Definition
A consolidated net income is the total income of the parent entity and its subsidiaries excluding the unrealized income of the organization as a whole.
Consolidated net income is the total net income of a parent entity and its subsidiaries, excluding any unrealized income of the parent company.
This income figure includes the net income of each subsidiary, minus any losses that the parent company has incurred in the process. It also excludes any unrealized income, such as unrealized gains or losses on investments, currency exchange rates, or other investments. By subtracting these amounts, the consolidated net income provides a more accurate representation of the total net income of the parent company and its subsidiaries.
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You are considering an investment which has the following cash flows. If you require a 5 year payback, should you take the investment?
Year 0 1 2 3 4 5 6
Cash flow -30000 10000 5000 5000 7500 10000 20000
1. Yes, the payback is 3.00 years.
2. Yes, the payback is 3.75 years.
3. Yes, the payback is 4.25 years.
4. No, the payback is 5.25 years.
5. No, the payback is 5.75 years.
The investment reaches a positive cash flow after 5 years. Therefore, the answer is: 3. Yes, the payback is 4.25 years.
Cumulative cash flow is the running total of cash flows over a period of time. It represents the sum of all cash inflows and outflows up to a specific point in time. In the context of an investment, cumulative cash flow helps track the net cash position over time. To calculate the cumulative cash flow, you start with the initial cash flow and then add/subtract each subsequent cash flow to the running total.
The payback period is the time it takes for an investment to generate an amount equal to the initial cost. In this case, you require a 5-year payback. Let's calculate the payback period for this investment:
Year 0: -30,000
Year 1: -30,000 + 10,000 = -20,000
Year 2: -20,000 + 5,000 = -15,000
Year 3: -15,000 + 5,000 = -10,000
Year 4: -10,000 + 7,500 = -2,500
Year 5: -2,500 + 10,000 = 7,500
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Three business people who wish to invest in a new company. Each person is willing to pay one third of the total investment. . After careful calculation, they realize that each of them would pay $ 7600 less if they could find two more equal investors. How much is the total investment in the new business.
A) $ 64,000
B) $ 54,000
C) $ 21,000
D) $ 5,400
E)e) $57,000
1
1
For a profit-maximizing monopolistically competitive firm, marginal revenue equals marginal cost in?
For a profit-maximizing monopolistically competitive firm, marginal revenue equals marginal cost in the short run. In the short run, a monopolistically competitive firm aims to maximize its profits by producing a quantity of output where marginal revenue (MR) equals marginal cost (MC).
This is because, in the short run, the firm has some degree of market power and can adjust its price and output level to maximize profits.
However, it's important to note that in the long run, monopolistically competitive firms can only earn normal profits due to the presence of low barriers to entry. In the long run, new firms can enter the market, leading to increased competition and reducing the market power of existing firms. As a result, the long-run equilibrium for a monopolistically competitive firm occurs where average total cost (ATC) equals price (P), rather than where marginal revenue equals marginal cost.
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Suppose that in 2015, a typical U.S. student attending a state supported college bought 8 textbooks at a price of $90 per book and enrolled in 28 credit hours of coursework at a price of $400 per credit hour. In 2016, the typical student continued to purchase 8 textbooks and enroll in 28 credit hours, but the price of a textbook rose to $100 per book, and the tuition price increased to $440 per credit hour. The base year for computing a "student price index" using this info is 2015. The price index for any base year is 100. The value of the student price index in 2015 is
Answer:
$11,920
Explanation:
2015 prices:
8 textbooks x $90 = $720
28 credit hours x $400 = $11,200
total = $11,920
the base year, in this case 2015, will be used to adjust the relative prices of the goods and services purchased by students. E.g. for year 2016, the index based on 2015 should be (8 x $90) + (28 x $400) = $11,920 since the quantities didn't change, only the nominal prices.
Lillian's company has distributed a guidebook on using inclusive language that does not discriminate. This information will help her, and her coworkers follow what kind of guidelines?
group dynamics
conflict resolution
business hierarchy
business etiquette
Answer:
the answer is business etiquette
Explanation:
i just did the test and got 100 percent
A manual on employing nondiscriminatory language that is inclusive was issued by Lillian's employer. She and her employees will be better able to follow business etiquette thanks to this information. Hence, Option D is correct.
What are business etiquettes?The terms "business etiquette" and "social and business etiquette" relate to the standards and expectations of behavior in both contexts, the customary behaviors and conduct, and a professional code of ethics. All that's required is that one must act politely.
It is customary to behave in certain ways at work, and this is governed by a code of conduct. "Respect and protect time, people, and processes" is the goal of this code. Standard business etiquette is not universally accepted and can differ depending on the setting.
Therefore, Option D is correct.
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Donald is a business development executive in a big retail company based in Omaha. His company now wants to expand and has sent Donald as their representative. Donald is also authorized to deal and negotiate with different vendors directly and in his own capacity. What role is Donaldplaying as per the contract law?
Answer:
C. Agent
Explanation:
Agent Law- the agent deals with third parties on behalf of the company in a contract and the company defines the control an agent can exert
using ________, consumers choose messages to which they pay attention.
discriminating perception Jane, who considers herself to be a health nut, enjoys running a lot. She attends the gym for two hours every day, consumes only wholesome, low-fat meals, and participates in a number of online fitness communities.
Also, Jane smokes cigarettes. Jane believes that, as long as she stays active, eats properly, and smokes fewer than one pack per day, she will not experience any negative health effects from smoking. The selective perception theory proposes that while we perceive stimuli, we filter them both consciously and unconsciously. We can consciously shut out some inputs, including colours, noises, and images. By choosing to ignore distracting, irrelevant, or contradictory information, we can actively direct our attention to certain stimulition.
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Using selective attention the customers choose messages to which they pay attention.
What is selective attention?Selective attention is a normal and automatic process that takes place when clients are exposed to a large number of data and stimuli; however, it is better to concentrate on a select subset of them.
So many elements, such as personal interests, motivation, relevance, novelty, and the situation in which the information is provided, imitate this selection process.
Why is selective attention important?With selective attention, one may pay attention to information that is important to their current work while disregarding irrelevant data. This, therefore, results in better processing of information important to the job. It is also known as controlled attention.
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what do you think about Authentic leadership theory? advantages and
disadvantages? comparison servant leadership model
Authentic Leadership theory highlights individual leaders' authenticity, while servant leadership prioritizes serving others. Both have advantages, but the former focuses more on the leader's internal qualities, while the latter emphasizes service to others and collective well-being.
The Authentic Leadership theory emphasizes genuine and ethical leadership, based on self-awareness, transparency, and personal values. Its advantages include fostering trust, employee engagement, and long-term organizational success. However, it can be challenging to define and measure authenticity, and its focus on individual leaders may overlook systemic factors.
Servant leadership, on the other hand, emphasizes serving others and putting their needs first. It promotes collaboration, empowerment, and employee development. It shares similarities with Authentic Leadership but differs in its focus on the leader's role as a servant to others.
Both theories have strengths in promoting ethical leadership and positive organizational outcomes. However, servant leadership places a stronger emphasis on serving others and collective well-being, while Authentic Leadership focuses more on the leader's self-awareness and personal values.
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Why do you think economists have different belief systems/theories on economics?
Answer:The principal disagreement among economists is a matter of economic philosophy. There are two major schools of economic thought: Keynesian economics and free-market, or laissez-faire, economics.
Keynesian economists, named after John Maynard Keynes, who first formulated these ideas into an all-encompassing economic theory in the 1930s, believe that a well-functioning and flourishing economy may be created with a combination of the private sector and government help.
By government help, Keynes meant an active monetary and fiscal policy, which works to control the money supply and adjust Federal Reserve interest rates in accordance with changing economic conditions.
By contrast, the free-market economists advocate a government "hands-off" policy, rejecting the theory that government intervention in the economy is beneficial. Free-market economists—and there are many distinguished advocates of this theory, including Nobel Memorial Prize winner Milton Friedman—prefer to let the marketplace sort out any economic problems. That would mean no government bailouts, no government subsidies of business, no government spending explicitly designed to stimulate the economy, and no other efforts by the government to help what the economists believe is the ability of a free economy to regulate itself.
Explanation:
which of the following is not a benefit of vertical integration? group of answer choices facilitated investments in specialized assets enhanced product quality improved scheduling lowered cost structure strengthened differentiation advantage
D) Vertical integration does not have the advantage of a lower cost structure.
Vertical integration: What is it?
By directly managing several phases of the production process rather than relying on external suppliers or contractors, vertical integration is a strategy that helps businesses streamline operations.
A company can achieve vertical integration by acquiring or forming its own manufacturers, distributors, and retail outlets rather than outsourcing these operations.
However, vertical integration may be viewed as having significant potential drawbacks given the sizeable initial capital commitment required.
What Sets Vertical Integration Apart from Horizontal Integration?
The process of acquiring multiple supply chain components that a company does not currently handle is known as vertical integration.
On the other hand, horizontal integration is the practice of purchasing similar businesses to enhance what it already does. Vertical integration increases a company's diversity, whereas horizontal integration may make it more focused on a particular market.
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