The method of GDP calculation that looks at the profits earned by business owners and the money paid for factors of production is the <u>Income approach</u>.
<h3>How is the income method of GDP used?</h3>
With the income method, the total amount that was paid for to access the factors of production is looked at.
This shows how much spending happened in the economy. The profits of entrepreneurs is also looked at as it is income earned, and not money spent on production.
Find out more on the income method of GDP at brainly.com/question/994415
#SPJ1
The marketing firm need to focus their efforts on
product modification.
<h3>What is product modification</h3>
Product Modification includes changes that are done on an existing product to make it more acceptable.
This could include branding, changing the quantity and colour to help increase the demand.
Therefore, The marketing firm need to focus their efforts on product modification.
Learn more on marketing here,
brainly.com/question/25369230
#SPJ1
The small-business owners want to determine whether their companies meet the standards for small-business designation because the government agencies offer benefits designed to help small businesses compete with larger firms.
<h3>Why small business is important?</h3>
A privately held corporation, partnership, or sole proprietorship that employs fewer people and has a lower yearly income than a corporation or regular-sized business is referred to as a small business. Hence by keeping the money close to home and assisting local communities and neighborhoods, they boost local economies.
Small enterprises ensure that local communities pay more in taxes and that the money stays in the community by raising the level of taxation. Additionally, it lowers poverty levels as more people start their own businesses and more people get jobs.
To learn more about small-business, visit:
brainly.com/question/28289155
#SPJ4
Answer:
Bait-and-switch advertising.
Explanation:
BAIT AND SWITCH ADVERTISING is a type of advertising where a seller of a products or goods deceive a prospective buyer by advertising a product that is desirable in which when the buyer make an effort to purchase the product or ask to see the advertised product the seller will show the prospective buyer available product instead of the advertised product in which the buyer will then find out that the advertised product is unavailable just as in the case of John who advertised a desirable property that was already sold out a months ago in order to attract prospective buyers in which when the advertised product was ask by the buyers he shows the buyer available properties instead which means that this act by Broker John is an example of BAIT AND SWITCH ADVERTISING.
Answer:
Population growth in developing countries will be greater due to lack of education for girls and women, and the lack of information and access to birth control.
Carry learning!
Study hard!
Brainliest please!
Thank you
