Answer: Determines the standard of life of a nation over the long term.
Explanation:
Economists believe that the economic growth of a country determines the standard of living of its people over the long term which is why measures such as GDP per capita exist.
They argue that if the economy is growing, more wealth will be created for citizens to access and the higher production of goods and services will give citizens more choice on what to buy to be able to improve their standard of living.
Answer:
The correct answer is perfectly competitive firm.
Explanation:
The discriminating monopoly of prices is that where each unit of the product is placed at a different rate. That is, the seller charges each customer differently, depending on various factors such as the budget constraint.
The marginal income curve of the monopolist that can discriminate perfectly is exactly the same as its demand curve. The level of production maximizing the benefit of the benefit is Q *, which is the one in which the CMC curve is cut and the demand, the economic benefit (II).
The social media platform that Waylon should focus on more should be Insta-gram.
<h3>What are Social Media Platforms?</h3>
Social Media Platforms are websites and mobile applications software where information, ideas, thoughts are shared through virtual networks for different types of purposes such as to educate, inform, or for marketing purposes.
The target young people required for their engagement in Waylon's company is generation Z. Generation Z is mostly found and they spend most of their time on Insta-gram.
According to research, 65% of generation Z spent most of their time on this social media platform.
Learn more about social media platforms here:
brainly.com/question/3653791
Uhm financial crisis, poverty, homelessness, debt, etc...
