suppose $6,000 billion is actual real gdp, then the state of the economy is at ____________

Answers

Answer 1

The state of the economy, based on the given information that the real GDP is $6,000 billion, is dependent on a number of factors.

In general, a high real GDP indicates a strong economy with a high level of production and consumption.

However, a long answer to this question would require additional information about other economic indicators, such as inflation, unemployment rates, consumer confidence, and international trade.

Without this additional context, it is difficult to provide a definitive answer about the state of the economy based solely on real GDP.

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Related Questions

Theresa works as a Risk Management Specialist for an investment corporation. Which best describes her educational pathway?

an associate’s degree, then a bachelor’s degree
a master’s degree, then a vocational school
a vocational school, then an associate’s degree
a bachelor’s degree, then a master’s degree

Answers

Answer:

probably way too late for you but if anyone else is still searching for this answer, if it isn't b, it might be D. either way, vocational school in the answer doesn't sound quite right.

Theresa works as a Risk Management Specialist for an investment corporation. the best description for her educational pathway is a bachelor’s degree, then a master’s degree. Option D. This is further explained below.

What is education?

Generally, education is simply defined as methodical teaching, particularly in a school or university setting.

In conclusion, Theresa works for an investing firm as a Risk Management Specialist. Her educational journey is best described as a bachelor's degree followed by a master's degree.

The Option D(a bachelor’s degree, then a master’s degree) can be the only path as the right steps are vocational school, bachelor's degree, Masters degree, then Associates degree.

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A good time to observe the dress code to prepare for your first day is during
a your interview
b. your second day
your Orientation
d the weekend

Answers

a, your interview :)

A good time to observe the dress code to prepare for your first day is during an interview. Thus, option A is correct.

What is interview?

A planned interaction in which one party asks questions and the other responses is known as an interview. A one-on-one conversation between an interviewer and an interviewee is referred to as a "interview" in everyday speech.

In general, the individual should dress professionally or in business clothes for a job interview. The interview is a dialogue in which you and your prospective employer exchange information.

Therefore, it can be concluded that During an interview is a wonderful opportunity to review the dress code in order to get ready for your first day. Therefore, choice A is correct.

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What caused the change in the yen's exchange rate? According to this graph, how has the yen's exchange rate changed?.

Answers

Answer: demand decreased

and

it has fallen

Explanation:

hope this helps <3

Decrease in demand has caused the change in the yen's exchange rate. Due to decrease in demand yen’s exchange rate has fallen.

What is exchange rate?

The value of one country's currency in comparison to that of another or an economic region is known as the exchange rate. The majority of exchange rates are free-floating and fluctuate according to market supply and demand. There are some exchange rates that are restricted and not free-floating; instead, they are tied to the value of other currencies.

Exchange rates are typically either free-floating or set. Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price.

Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price. For example, USD stands for the United States dollar, while EUR stands for the Euro. EUR/USD is the currency pair that represents the dollar and the euro. It's USD/JPY, or dollar to yen, in the case of the Japanese yen. A conversion rate of 100 means that one dollar equals 100 yen.

One notable example of a nation with a restricted rate structure is China. The Chinese yuan is a currency that the government also controls. The Chinese government decides on a midpoint value for the currency each day, which gives the yuan a trading range of 2% from the midpoint.


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ABCD company is an office equipment company that produces two types of desks: standard and deluxe. Deluxe desks have oak tops and more expensive hardware and require additional time for finishing and polishing. Standard desks require 80 square feet of pine and 10 hours of labor, while deluxe desks require 60 square feet of pine, 18 square feet of oak, and 16 hours of labor. For the next week, the company has 5,000 square feet of pine, 750 square feet of oak, and 400 hours of labor available. Standard desks net a profit of $150, while deluxe desks net a profit of $320. All desks can be sold to national chains Shops.

Required:

b. If the spreadsheet and Excel Solver results are given to you as follows (see Table 1 below), address the following questions:

1. What are your Binding Constraints?

2. What is your Optimum profit [hint: maximized profit]?

3. What are your slack values for Pine, Oak, & Labor?

4. Looking at the Shadow prices, how much would the objective profit increase by if you were to increase labor hours by 50?

5. If the optimum solution for Standard desk stays the same, but deluxe desk numbers increased. What would be your estimated deluxe desks in this case? Would you recommend this option? Why? Hints: Notice that by increasing labor hours by 50, the S stays as an original optimum solution given in the information of Solver, but D will increase. The question is asking you to find how much the objective profit would go up and what would be the estimated number for D [calculated from your constraints. Decimal number is accepted].

6. What would be the changes in objective profit $, if we increase the Pine by one unit and the Oak by one unit, i.e., Pine available=5001 & Oak available=751.

7. What % of available Oak can be reduced without it affecting the current given optimum solution?

8. What % of available Pine can be reduced without affecting the current (given) optimum solution?

9. How much should the standard desk unit profit of $150 be increased in order for Standard desks to be produced (i.e. become a positive number)?

Note: Show how to solve using excel solver

Answers

1. Binding Constraints: The binding constraints are those that are fully utilized in the optimal solution. In this case, the binding constraints are Pine (5000 square feet) and Labor (400 hours).

2. Add the objective function as P = (150 + C)X + 320Y and select 'Max'.

3. Add the constraints as follows:X >= 0 (since we cannot produce a negative number of standard desks)Y >= 0 (since we cannot produce a negative number of deluxe desks)80X + 60Y <= 5000(since the company has only 5,000 square feet of pine available)18Y <= 750 (since the company has only 750 square feet of oak available)10X + 16Y <= 400 (since the company has only 400 hours of labor available)

4. Click 'Solve' to get the maximum profit. Here, the value of P is $103,000, which is the maximum profit the company can make with the given resources.

5. C = (103000 - 62*150 - 1567*320)/62= $85.97

9.The standard desk unit profit of $150 should be increased by $85.97 to produce Standard desks.

Let X be the number of standard desks and Y be the number of deluxe desks.

As given, the constraints are as follows:Standard desks require 80 square feet of pine and 10 hours of labor, while deluxe desks require 60 square feet of pine, 18 square feet of oak, and 16 hours of labor.The company has 5,000 square feet of pine, 750 square feet of oak, and 400 hours of labor available.

To calculate the profit, let's write the profit equation as follows:Profit (P) = (150 + C)X + 320Y

Here, C is the increase in profit that we need to calculate so that the standard desk unit profit of $150 can be increased in order for Standard desks to be produced.

As per the given information, we know that X (standard desks) and Y (deluxe desks) should be positive integers. Using Excel Solver, we can get the values of X and Y, which we will substitute in the profit equation to get the maximum profit.

To find the increase in profit, follow these

steps:1. Open Excel Solver.

2. Add the objective function as P = (150 + C)X + 320Y and select 'Max'.

3. Add the constraints as follows:X >= 0 (since we cannot produce a negative number of standard desks)Y >= 0 (since we cannot produce a negative number of deluxe desks)80X + 60Y <= 5000(since the company has only 5,000 square feet of pine available)18Y <= 750 (since the company has only 750 square feet of oak available)10X + 16Y <= 400 (since the company has only 400 hours of labor available)

4. Click 'Solve' to get the maximum profit. Here, the value of P is $103,000, which is the maximum profit the company can make with the given resources.

5. To calculate the value of C, use the profit equation:103000 = (150 + C)X + 320Ywhere X = 62 and Y = 1567 (these values can be found in the Solver output).

Substituting the values of X and Y, we get:C = (103000 - 62*150 - 1567*320)/62= $85.97

Hence, the standard desk unit profit of $150 should be increased by $85.97 to produce Standard desks.

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One important goal of beginning reading instruction is the development of a sight vocabulary that enables the student to recognize a word instantly, without having to decode it. What types of words should make up a student’s sight word vocabulary?.

Answers

One important goal of beginning reading instruction is the development of a sight vocabulary that enables the student to recognize a word instantly, without having to decode it. Both regular and irregular words types of words should make up a student’s sight word vocabulary.

A person's sight word vocabulary is their bank of words, or their collection of words, that they can accurately and rapidly recognize. Words that do not need a decoding, or the act of converting print (seeing the letters and understanding their sounds) to the patterns of syllables and words, are included in a person's sight word a vocabulary.

sight vocabulary, which are the actual words most frequently used in the beginning reading texts and collated in a variety of the lists, are frequently confused with sight word vocabulary (i.e., the bank of vocabulary that an individual person knows how to read).

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What is the marginal revenue and marginal cost for this diagram?

What type of market is this? Explain your answer

What is the marginal revenue and marginal cost for this diagram?What type of market is this? Explain

Answers

Marginal revenue :

2060120200300420560

Marginal cost :

108210192640

It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.

Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.

Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.

Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.

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Making sure the company has enough production capability to meet demand is an example of what?

Answers

Answer:

Capacity Planning

Explanation:

Capacity planning is the process that measures the capacity of the production required by an organization in order to meet the demand i.e. changes for their products

So as per the given situation the company that has sufficient capability to meet the demand represent the capacity planning

hence, the capacity planning is the answer

Let's say Owen would like to take another loan to pay for new furniture, and the loan payment would be $325 per month. If he took this new loan, would he have excessive debt? Remember, he makes $2,500 per month and he already spends $250 on credit card payments and $400 on an auto loan.

Answers

Explanation:

325 I think buy I am not sure.

You buy a new commercial stove for $9,000 and estimate that it will enable you to deliver 20 additional meals per night at an average price of $20. Assuming 25% food cost and no additional costs to using the new stove, how long will it take the stove to pay for itself? a)30 days, b) 90 days, c)180 days, d)365 days

Answers

Answer:

a)30 days

Explanation:

For the stove to repay itself, it will have to reach the break-even point.

the costs associated with the are the cost $9000

The gains from the stove:  20 meals per night at $20.

the cost per mean is 25% of the selling price

=25/100 x 20

=0.25 x20

=$5

The profits per meal = $20 -$5 = $15

Profits for 20 meals = $15 x 20 =$300

Dairy income from the stove is $300

To recover the cost, it will take $9000/$300 days.

=30 days

Answer:

30 days

Explanation:

Controling does not require any process comment

Answers

what’s the question?

(Exhibit: Shift in Aggregate Demand) LRAS SRAS AD1 AD2 Assume that the economy is initially at point A with aggregate demand given by AD2. A shift in the aggregate demand curve to ADo could be the result of either a(n) money supply or a(n)in velocity in the decrease; increase increase; increase decrease; decrease increase; decrease

Answers

The aggregate demand curve to ADo could be the result of either a(n) money supply or a(n)in velocity in the increase, increase.

The mixture call for curve, or AD curve, shifts to the right because the additives of mixture call for—intake spending, funding spending, authorities spending, and spending on exports minus imports—rise.  The AD curve will shift again to the left as those additives fall.

Aggregate Demand. Aggregate call for is calculated with the aid of using including the quantity of customer spending, authorities and personal funding spending, and the internet of imports and exports.  It is represented with the subsequent equation: AD = C + I + G + Nx.

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3. Businesses not associated with the government are referred to as what type of jobs?
a. Public Sector
b. For Profit Sector
C. Private Sector
d. None of the above

Answers

Answer:

Private Sector

Explanation:

I'm fairly confident this is it, but I'm not too sure. Sorry to disappoint

Fighting Fires Consider paid firefighters in two otherwise identical state. (Call them Arizona and California.) Arizona is mostly desert, and lacks large, extensive forests. As a result, fires tend to be small and infrequent, making firefighting less dangerous. In Arizona, only 2 in 1,000 firefighters are die on duty per year. California, on the other hand, has large, extensive forests and severe droughts in the summer, leading to a high risk of large-scale, dangerous forest fires. In California, firefighters die at a rate of 5 per 1,000 , but are paid $20,000 more per year. Use this information to calculate the value of a statistical life.

Answers

The value of a statistical life (VSL) will be approximately $6,666,600.

To calculate the value of a statistical life (VSL), we need to compare the difference in fatality rates and the difference in salaries between Arizona and California firefighters.

Let's denote the VSL as V. We are given the following information;

In Arizona, the fatality rate is 2 in 1,000 firefighters, and the salary is $20,000 less than in California.

In California, the fatality rate is 5 in 1,000 firefighters.

We can set up the following equation to calculate the VSL;

V = (Salary difference) / (Fatality rate difference)

First, let's calculate the salary difference. We know that California firefighters are paid $20,000 more than Arizona firefighters.

Salary difference = $20,000

Next, let's calculate the fatality rate difference. The fatality rate in California is 5 per 1,000 firefighters, while in Arizona, it is 2 per 1,000 firefighters.

Fatality rate difference = 5 per 1,000 - 2 per 1,000

= 3 per 1,000

Now, we can calculate the VSL using the equation;

V = (Salary difference) / (Fatality rate difference)

= $20,000 / (3 per 1,000)

= $20,000 / (0.003 per firefighter)

To convert the fatality rate from per 1,000 firefighters to per firefighter, we divide it by 1,000;

V = $20,000 / (0.003 / firefighter)

= $20,000 / (1 / 333.33 firefighter)

= $20,000 × 333.33 firefighter

= $6,666,600

Therefore, the value of a statistical life (VSL) is $6,666,600.

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why is training important

Answers

These reasons include:-

Increased job satisfaction and morale among employees.Increased employee motivation.Increased efficiencies in processes, resulting in financial gain.Increased capacity to adopt new technologies and methods.Increased innovation in strategies and products.Reduced employee turnover.

Why doesn’t the government try to end seasonal unemployment?

It would be too expensive.

It would eliminate too many jobs.

It is a natural part of a healthy economy.

Answers

The  government  does not try to end seasonal unemployment because It is a natural part of a healthy economy.

What is seasonal unemployment?

Seasonal unemployment can be4 described as the type of employment where  people are unemployed at particular times of the year  as a result of the demand for labour  coming down or declining.

Seasonal unemployment  can be seen as a  temporary window of time, hence  The  government  does not try to end seasonal unemployment because It is a natural part of a healthy economy.

It should be noted that Seasonal unemployment comes in form of involuntary unemployment which is usually as a result of the mismatch that do take place in between skills that workers is able to offer in the economy as well as the demand for that particular skills .

In most times, this type of unemployment is as a result of the technological changes that is occurring at that time which makes the job skills of many workers obsolete.

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A school wants 2 chaperones for every 25 students on a field trip. There are 100 students going on the field trip. How many chaperones does the school need?

Answers

Answer:

8

Explanation:

100/25=4

4x2=8

Ali works for Alpha, Inc., a company that manufactures high quality widgets. For several months now, Ali has noticed that one of the machines on the assembly line floor overheats after operating without a break for several hours, and the workers using the machine are at risk of burning themselves because the machine gets too hot. Ali’s manager said that the machine should be run all day without interruption because they will lose money and get behind schedule if the machine is allowed to cool down periodically. Ali pointed out that someone could get hurt if the machine is used this way, and was told to keep quiet or else someone else could take the position. Yesterday, Ali’s friend Jo was badly burned by the machine and had to go to the hospital.
What safety issues are at play in this scenario? What errors in management were made? What repercussions could Ali, the manager and Alpha, Inc. face in light of Jo’s injury?
Questions you must answer in this scenario:
What safety issues are at play? What errors in management were made?
What happens when someone is injured on the job, both internally and with WorkSafe NB?
What health & safety rules were violated? How should health & safety be managed?
What might happen to Ali?
What might happen to the manager?
What might happen to Alpha, Inc.?

Answers

The safety issues at play in this scenario are that the machine on the assembly line floor overheats after operating without a break for several hours.

And the workers using the machine are at risk of burning themselves because the machine gets too hot.Errors in management that were made is that Ali pointed out that someone could get hurt if the machine is used this way, and was told to keep quiet or else someone else could take the position. Hence, the management should have taken care of the situation and make sure that the machine is in proper condition. The management should have kept in mind the safety of the workers, who operate the machine. If there is no safety, it would lead to serious consequences.Repercussions that Ali, the manager, and Alpha, Inc. face in light of Jo’s injury: When someone is injured on the job, both internally and with WorkSafe NB, the employer will need to fill out an incident report. This report must be done within three business days after learning about the accident. Moreover, the employer is responsible for informing the WorkSafeNB and their insurance provider of the incident.  The employer must ensure that the injured employee receives prompt medical treatment and support.Health & Safety rules that were violated are: the safety of workers is of paramount importance and should not be compromised.  The manufacturer has a duty to ensure that their machines are safe for use. And it is important for the management to listen to the concerns raised by their employees.Ali may be subject to repercussions if they are found to be in breach of their employee contract. Depending on the circumstances, the employee may be disciplined or even terminated from their job.The manager of Alpha, Inc. may also face disciplinary action if found to be negligent in their duties. The repercussions for the employer can be substantial, including costly fines and a negative impact on their reputation.The repercussions for the employee can also be serious, as they may need time off work to recover from their injuries. This can result in a loss of income and career opportunities.In conclusion, the safety of workers is of paramount importance. The manufacturer has a duty to ensure that their machines are safe for use. The management should listen to the concerns raised by their employees. If the management is negligent in their duties, they may face costly fines and a negative impact on their reputation. Similarly, if the employees are found to be in breach of their employee contract, they may be subject to disciplinary action or even termination.

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A logistics manager ordering parts wants to choose a mode of transportation with very low costs.

Answers

The mode of transportation, that if available, will best meet these needs is: D. Ships.

What is the best mode of transportation for the logistics manager to use?

The best mode of transportation that the logistics manager in the scenario described above can use ship. The factors that make this choice the most desirable include the fact that the manager seeks a cheap mode of transportation.

Also, since long delivery times are not a major problem, ships are ideal because they take time to arrive but are cost-effective. As an efficient manager, the best way of ordering parts while saving money for the organization will be through the use of ships.

Complete Question:

A logistics manager ordering parts wants to choose a mode of transportation

with very low costs. The company can plan ahead, so long delivery times are

not a major problem. What mode of transportation, if available, will best meet

these needs?

A. Railroads

B. Trucks

C. Airplanes

D. Ships

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A perfectly competitive firm has the cost function TC = 1000 + 2Q + 0.1 Q2. What is the lowest price at which this firm can break even?

Answers

Answer:

Concept & example of breakeven point

Explanation:

Break Even point is where, Total Revenue = Total Cost. So, dividing entire equation by Q, Average Revenue ie Price = Average Cost.

TC = 1000 + 2Q + 0.1 Q^2 , AC = TC / Q , AC = 1000 / Q + 2 + 0.1Q      Lowest Price ie AR for breakeven, is where P = AC. So, P = 1000/Q + 2 + 0.1Q

Eg : For quantity Q = 100, minimum price for breakeven, at P = AC is     (1000 / 100) + 2 + 0.1 (1000) = 100 + 2 + 100 = 202

Paramount Design - Balance Sheet Activity, (please do this in sheets and share the image of the answer.)

Paramount Design - Balance Sheet Activity, (please do this in sheets and share the image of the answer.)

Answers

The preparation of the balance sheet of Paramount Design is as follows:

Paramount Design

Balance Sheet

As of December 31, 2020

Assets

Current Assets:

Cash                                     $1,407

Accounts Receivable           2,056

Supplies                                1,250

Total current assets          $4,713

Long-term Assets:

Furniture          $9,700

Equipment       10,000

Automobile      19,350   $39,050

Total assets                     $43,763

Liabilities and Equity

Liabilities:

Bank Loan                        $9,000

Accounts Payable              2,655

Total liabilities                 $11,655

Equity                             $32,108 ($43,763 - $11,655)

Total liabilities + equity $43,763

What is a balance sheet?

A balance sheet is a financial statement that summarizes the financial position of an entity at a point in its financial period.

The financial position shows the entity's assets (what it owns), liabilities (what it owes creditors), and equity (what it owes the owner).

At each financial period, the assets are always equal to the liabilities and equity.

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Look positively at objections offered by prospects because an objection often reveals the key to a successful sale. If prospects have been properly qualified, then offering sales resistance is another way for them to say:
A. "I do not want to buy your product at this time."
B. "I want to buy as soon as you give me a few more facts or answers that reassure me that buying from you is the smart thing to do."
C. "I like your product, but I like your competitor's better."
D. "Your product is nice, but we cannot utilize it at present."
E. Any of the above are logical.

Answers

Answer:

B. "I want to buy as soon as you give me a few more facts or answers that reassure me that buying from you is the smart thing to do."

Explanation:

In the case wghen the prospects would be qualified as compared to the offering sales that represent the another way so here it can be said that want to purchase as soon as it provided more facts or answers that given assurance for purchasing from you which shows the smart thing to be done

Therefore the option b is correct

And, the rest of the options would be incorrect

I would like to buy as quickly as you can provide me with a few more data or answers that persuade me that buying from you is the best option."

When customers are qualified as opposed to offering sales, it can be argued that they want to buy as soon as they are given additional facts or answers that give them confidence to buy from you, which is a wise thing to do.

So, the option "B" is the correct answer to the following question.

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HELP

Question

Q. To properly manage your checking account you should do which of the following?


A.Update your transaction register regularly to include all checks, ATM withdrawals, and debit card purchases.

B.Balance your checkbook daily using the most current information about your account by phone, ATM, or online.

C.Promptly review your checking account statement every month.

D.All of the above

Answers

Answer to this question is all of above. D.

According to Freud, the source of stress stems from an overactive:A)id.B)ego.C)alter ego.D)libido.

Answers

According to Freud, the source of stress stems from an overactive id.

Freud's psychoanalytic theory posits that the mind consists of three components: the id, ego, and superego. The id operates on the pleasure principle, seeking immediate gratification of instinctual desires and drives. It represents the unconscious, impulsive, and primitive aspects of our psyche. When the id becomes overactive, it can lead to excessive and uncontrollable impulses, which in turn can cause stress and internal conflict.

An overactive id can manifest as intense and irrational desires, impulsive behaviors, and difficulty in controlling instinctual urges. This can result in a lack of self-control, conflicts with societal norms and values, and a sense of inner turmoil. The id's relentless pursuit of pleasure without considering consequences or societal constraints can lead to stress and tension in individuals.

Freud believed that the ego, the rational and conscious part of the mind, acts as a mediator between the id and superego, balancing the conflicting demands of both. However, when the ego is unable to effectively manage the impulses of the id, it can contribute to increased stress and psychological distress.

In summary, according to Freud, an overactive id is seen as the source of stress, as it represents the unconscious and impulsive desires that can lead to internal conflict and psychological strain.

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A long term goal taking _____ years to achieve can be broken down into shorter term goals, each taking _______ years to achieve
A. 16;32
B. 16;8
C. 8;32
D. 8;16

Answers

Answer:

B. 16;8

Explanation:

A short-term goal is something you want to do in the near future. The near future can mean today, this week, this month, or even this year. A short-term goal is something you want to accomplish soon.A long-term goal is something you want to do further in the future. Long-term goals require time and planning. They are not something you can do this week or even this year. Long-term goals usually take 12 months or more to achieve.

If an individual has a credit score of 560 and they pay their credit card late once or twice, what might they expect a credit card company to do?(1 point)

Answers

If an individual has a credit score of 560 and they pay their credit card late once or twice, the  credit card company may score them low credit score.

What is credit score?

Credit score can be defined as what help to measure the credit worthiness of a person as it help to determine whether a person will pay his/her  loan within a stipulated time or late.

A late payment credit card may tend to have negative impact on the a person based on the  fact that it can lead to the credit card  company to score the person low which inturn will affect the person creditworthiness.

Therefore  the  credit card company  may score them low credit score.

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Which statement best summarizes the law of demand ?

A. Sellers only supply goods that are in high demand from buyers.
B. Buyers are more likely to buy a products that is supplied in large quantities.
C. Sellers can easily substitute a product in high demand with another product.
S. Buyers are more interested in purchasing products as those products decline in price.

Thank you :)

Answers

Buyers are more likely to buy a product that is supplied in large quantities.

What is the law of demand?

The law of demand states that the quantity purchased varies inversely with the price. In other phrases, the better the rate, the lower the quantity demanded.

What are the types of demand?

Individual and Market DemandOrganization and Industry DemandAutonomous and Derived DemandDemand for Perishable and Durable GoodsShort-term and Long-term Demand

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It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and:__________
a. the rapid development of the Internet's capabilities.
b. extensive use of outsourcing within the borders of the United States.
c. the declining number of inventions and patents developed by U.S. citizens.
d. the simultaneous erosion of the U.S. work ethic and the U.S. education system.

Answers

Answer:

a. the rapid development of the Internet's capabilities.

Explanation:

It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and the rapid development of the Internet's capabilities.

Globalization can be defined as the process of developing technology, people, investments, informations, products in order to create international influences across cultures and national markets or borders. This makes it possible for various multinational enterprise or companies to break into different markets across world and compete effectively with other companies.

Also, the rapid development of the Internet's capabilities gives various companies the ability and privilege to technology and software applications to seamlessly meet the needs of customers over the web such as cloud computing services, Internet of things (IoT) etc.

A company incurs costs of financial distress only after declaring bankruptcy.
a. True
b. False

Answers

A company incurs costs of financial distress only after declaring bankruptcy. This statement is False.

Financial distress happens when revenues or income no longer meet or pay for the financial obligations of an individual or organization.

Financial distress is often a harbinger of bankruptcy and can cause lasting damage to one's creditworthiness.In order to remedy the situation, a company or individual may consider options such as restructuring debt or cutting back on costs.

Therefore, the given statement is False.

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Which industry is the second-largest employer of teens
and young people?
What percentage of employed teens are employed by
the government?​

I got it
is retail trade
and 7%

Answers

Answer:

I. Retail industry

ii. 7%

Explanation:

Retail industry is the second largest employers of teen and young people next to health sector which is the largest employer.

Retailing involves buying goods either from the producers or wholesaler and selling them to the final consumers. Some services are also offered in these retailing such as call center representative, those who work in innovation lab. etc

In the United States, about 7% of teens and young people are in the employment of government , while retail industry is the largest employer of teen and young people because it provides flexibility and also do not involve much academic qualifications.

Example of these retail jobs are those who work in call center, sales representatives and those who works in stores.

Answer:

Retail Trade

7%

Explanation:

Edge 2020

How is it possible to have a large amount of assets but only modest net worth?

Answers

Answer:

one possibility is that you spent more on your assets, than your assets are making. In other words, some assets may have a low or negative net worth

It's possible that you spent more money on the assets than they were earning. To put it another way, some assets could have a low or negative net worth.

What is meant by assets?

An asset is a resource with economic value that a person, company, or nation owns or manages in the anticipation that it may one day be valuable. Assets are listed on a company's balance sheet. They are broken down into four groups: present, fixed, financial, and tangible.

In a nutshell, yes cash is the largest asset and a current asset on a company's balance sheet. Using cash, the most liquid asset type, is the simplest way to acquire other assets.

An asset is something or someone that is beneficial or helps a person or organization prosper. Our inventiveness is our greatest asset in the technology field. single-word noun.

Thus, It's possible that you spent more money on the assets than they were earning.

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