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pochemuha
2 years ago
7

What results when consumers become apprehensive about their job security and their financial security?

Business
1 answer:
Elis [28]2 years ago
5 0

<u>After consumption spending</u><u> results when consumers become apprehensive about their job security and their </u><u>financial security.</u>

What happens to the price level as a result of an increase in spending ?

  • As the average price level falls¸ consumers have more financial wealth and decide to increase spending.
  • As spending increases, there will be upward pressure on the price of inputs including wages.
  • As the marginal cost of production rises, businesses start to increase prices as they attempt to produce more.

What happens to the level of unemployment because of the increased spending?

  • The higher spending causes businesses to raise prices. The economy returns to full employment at a higher price level.
  • If the economy is left alone, the increased unemployment will eventually cause wages to fall and the economy will return to full employment at a lower price level.

What are the effects of unemployment essay?

  • Effects of unemployment include over exploitation of available labor, reduced rate of economic growth, reduced human capacity, loss of human resources and increase in poverty levels .
  • One positive effect of unemployment is the availability of adequate labor at reduced market prices.

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Service facilities must be located close to suppliers and laborers.

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Services, unlike products, are intangible and are not produced or delivered the same way as products are.

<u>While production facilities for products, should be located close to suppliers and laborers, this is not the case with service facilities.</u>

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Suppose the hot sauce firm cannot reduce the externality without reducing costs. What is a possible next step the government cou
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Create a limit on the maximum no. of bottles the firm can make,

The required details about externality is mentioned in below paragraph.

<h3>How Do Externalities Work?</h3>

An externality is a cost or benefit a producer generates but does not personally bear or receive. An externality can result from the creation or consumption of a good or service and can be both positive and negative.

Externalities happen when creating or consuming a good has an effect on parties who are not involved in the transaction directly. Externalities can be either good or bad. They can result from either production or consumption as well. For instance, simply entering a city center will increase the pollution and traffic for individuals who live there.

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1 year ago
The b2b market includes:____.
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Manufacturers and governmental organizations are included in the b2b market.

<h3>What does "B2B marketing" mean?</h3>

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It refers to any marketing tactic or piece of material used by one company to promote to and sell to another company. For instance, B2B marketing is frequently used by businesses that sell goods, services, or SaaS to other businesses or organizations. The LinkedIn B2B brand strategy for Monday.com is a fantastic illustration of B2B marketing.

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3 0
2 years ago
Enterprise Machinists is always improving upon its core competencies by training its machinists constantly so that they are equi
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The concept of Dynamic capabilities is used by the firm to improve its core competencies.

<h3>What is the concept of Dynamic capabilities?</h3>

This entails a firm ability to integrate and build its competencies to address rapidly changing environments.

Hence, as the firm trains its machinists constantly so that they are equipped to deal with technological advancements, it is adhering to concept of Dynamic capabilities.

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