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1 year ago

high initial costs, licenses, start-up fees and government regulation are all examples of .

1 answer:

8 0

High initial costs, licenses, start-up fees and government regulation are all examples of barriers to entry or exit.

<h3>What is barriers to entry or exit?</h3>

A barrier to entry can be described as something that can cause obstacles or impedes the ability that is been attributed to a company (competitor) when trying to be part of the industry.

It should be noted that a barrier to exit serves as something that obstruct the capability of of a company (competitor) to go out of industry, hence High initial costs, licenses, start-up fees and government regulation are all examples of barriers to entry or exit.

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What causes unemployment post-keynesianism?

Harlamova29_29 [7]

Answer:

<u>involuntary employment</u>

<u>Explanation:</u>

The Post-Keynesianism view is that effective demand is the main determinant of economic performance.

Thus, Keynesianism states that in an economy where there is a significant reduction in demand, it will affect the labor market which further leads to lower wages.

For example, an airline that has 100 workers is experiencing a sharp decline in demand (of flight bookings) because of a government lockdown may decide to cut down their staff capacity ad a result. leading to <u>involuntary employment.</u>

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3 years ago

Which infant formula is typically the least expensive?

Oduvanchick [21]

It would be powdered..according to my mom lol

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3 years ago

When using the IDRC to assess the external environment the company will look at which of the following?

SpyIntel [72]

Answer: Knowledge

Explanation: IDRC engages in expertise, creativity, and strategies to increase the quality of life in developing countries as a segment of Canada's international affairs and development activities. IDRC aims to address realistic development issues with the brilliant minds in Canada and across the globe.

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Thus, from the above we can conclude that the primary focus in the program is on knowledge.

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2 years ago

Bill and rosie have been happily married for 40 years. they have never spent more than two nights apart. bill has been battling

Andre45 [30]

The type of care that Bill is receiving is hospice care. It is a care of which they focus on patients or individual who are ill, either chronically or terminally. They tend to provide the care that the patients need in regards to their needs of both spiritually and even emotionally. It could be seen above as Bill is being cared for as he is ill and is being provided by the care he needs.

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2 years ago

Lauren's salary decreases from $ 37,000 to $ 30,000 . She decides to reduce the number of outfits she purchases each year from 2

nikklg [1K]

Answer:

E=-4.0746

Explanation:

Using the midpoint method, Lauren's income elasticity of demand for new outfits is determined by the change in income multiplied by the average number of outfits, divided by the change in the number of outfits multiplied by the average income:

$E=\frac{\Delta I*O_{avg}}{\Delta O*I_{avg}}\\E=\frac{(37,000-30,000)*\frac{20+19}{2}}{(19-20)*\frac{37,000+30,000}{2}}\\E=-4.0746$

Her income elasticity of demand for new outfits is -4.0746.

8 0

2 years ago