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2 years ago

In the united states, business cycles have occurred against a backdrop of a long-run trend of?

Business

1 answer:

Rus_ich [418]2 years ago

3 0

In the united states, business cycles have happened against a backdrop of a long-run trend of rising real GDP.

<h3>What is Gross Domestic Product?</h3>

Gross domestic product (GDP) is a monetary indicator of the total market value of all the finished products that nations produce over a given time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is. The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP).

Economic activity goes through periods of boom and then contraction during business cycles. Both the general welfare of society and the welfare of private entities are affected by these developments. Business cycles are a sort of variation that may be found in the overall economic activity of a country. A business cycle is made up of expansions that occur roughly at the same time in many different economic activities, followed by contractions that are similarly widespread (recessions).

Hence, In the united states, business cycles have happened against a backdrop of a long-run trend of rising real GDP.

To learn more about Gross Domestic Product refer to:

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On average, LB Inc. receives 138 payments each day with an average value of $42 each. These payments clear the bank in an averag

Oxana [17]

Answer: c) $7,535

Explanation:

The Collection Float refers to the time that it takes for a deposited check to become available to the account owner after the check has been deposited.

The Average amount is calculated thus;

= No. of payments * Clearing days * average value of payment

= 138 * 1.3 * 42

= $7,535

6 0

3 years ago

Dan sells newspapers. Dan says that a 8 percent increase in the price of a newspaper will decrease the quantity of newspapers de

ivann1987 [24]

Answer:

For Dan, the demand is price inelastic

Explanation:

One of the factors tat affect the quantity demand for a product is the price of the product. According to the law of demand, at lower price more quantity of a product would be purchased than at a higer price, all other this being being equal.

Price elasticity of Demand (PED)

The extent to which a change in price will cause a change in the quantity demand for a product is called the price elasticity of demand. It measures the degree of responsiveness of quantity demand to a change in price.

It is calculated as

PED =% change in quantity demand / % change in price.

For Dan Newspaper , the price elasticity of demand

= 4%/8%

= 0.5

If the PED is greater than 1, the demand is price elastic

If the PED is less than 1 , demand is price inelastic

For Dan, the demand is price inelastic

4 0

3 years ago

Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels a

zvonat [6]

The total profit that Brenda's Board company earns after selling 100 skateboards is $3000 .

The formula for profit = Revenue - Production cost

<h3>Further explanation </h3>

Many terms that we usually use in the business or accounting including:

1. Revenue is the income that business made, usually from selling products or services to customers.

2. Production cost is the total expenses used for manufacturing, this cost includes raw material, overhead, and labor

3. Profit is the amount that earns after the total cost of producing goods or offering services deducted from its revenue.

From the case above, we know that Brenda’s Boards sells the skateboard for $45 each.

The total cost for making one skateboard is $15, this cost by adding up all the production cost or the expenses

= The wheels and mounts + plastic board + paint + labor = $3+ $1 + $1 + $10 = $15

Using the formula and the information above we can calculate the profit for 100 skateboards:

Total revenue = $45 x 100 = $ 4500

Total cost = 100 x $15 = $1500

Profit = Revenue - Production cost (expenses) = $4500 - $1500 = $3000

<h3>Learn more </h3>

Profit-sharing plan brainly.com/question/1494270

Revenue brainly.com/question/1332812

Production cost brainly.com/question/1176751

Keywords: business profit, revenue, production cost, business expenses

3 0

4 years ago

Read 2 more answers

What are some possible reasons Waymo entered an alliance with Lyft? Are there any reasons Waymo would prefer Lyft over Uber as a

cricket20 [7]

Answer:

(1) To gain dominance in the Autonomous driving Technology.

(2) To utilize the vast network of drivers of Lyft to enhance the use of its technology

(3) To strategically place itself to compete favourably with other Autonomous driving Technology firms.

(4) To enhance its performance and profitability.

PART B

Lyft has a better transparent and user friendly application generally people trust their app in terms of pricing and trip duration.

LYFT HAS A BETTER REPUTATION THAN UBER WHICH HAS BEEN INVOLVED IN SERIES OF SCAMS IN 2017.

Explanation:

Waymo is a sister company to Google owned by alphabet inc., It is an autonomous driving Technology company with a state of the art Technology in the self driving cars.

Lyft is an American company which is involved in car lift,car hailing, car sharing etc services in major cities of the United States of America, it has developed a vast network of drivers and routes through out the United States.

The alliance between Waymo and Lyft was mainly to help both entities leverage on the competence of each party for the greater good of Both Companies.

4 0

4 years ago

The amount of inspection needed depends on ________ and ________. the cost of the item being inspected; the use of the item bein

Anna [14]

Answer:

The correct answer is letter "D": the costs of inspection; the costs of passing on defective items.

Explanation:

It is said that as long as a business target to develop its <em>quality control</em> frequently, the lesser that company will depend on <em>inspection</em>. Inspection is a critical assessment of materials, products or structures that require evaluating, testing and measuring. Inspectors take measurements and make comparisons. The amount of inspection needed directly relies on <em>the cost of the inspection</em> and the <em>costs of passing on defective items</em>.

6 0

3 years ago