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10 months ago

major urban areas are the only places benefitting from the creative economies. group of answer choices true false g

Business

1 answer:

erica [24]10 months ago

7 0

It is TRUE that, major urban areas are the only places benefitting from the creative economies.

People using their imaginations to add value to ideas is the foundation of the creative economy. The phrase was coined by John Howkins in 2001 to characterize economic systems where the traditional resources of capital, labor, and land are not as important as new creative abilities. In contrast to creative industries, which are restricted to particular industries, the term is used to describe creativity across the entire economy.

A creative economy can be assessed in a number of different ways. The same economic indicators, such as producer outputs, consumer spending, employment, and trade, may be used. Value chains, price, and transactional data are other tools used by businesses. Additionally, there are other signs of intellectual property.

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A firm can produce two products with the cost function c(q1, q2) = 10 5q1 5q2 - 0. 2q1q2. the firm enjoys:____.

Llana [10]

The correct option for The firm enjoys economies of scope.

economies of scope exist if C(Q1, 0) + C(0, Q2) > C (Q1, Q2) (10 + 5Q1) + (10 + 5Q2) > 10 + 5Q1 + 5Q2 - 0.2Q12Q2.

Economies of scope is an economic theory stating that the average total cost of production decrease as a result of increasing the number of different goods produced. For example, a gas station that sells gasoline can sell soda, milk, baked goods, etc.

Economies of scope is a financial precept wherein a commercial enterprise's unit value to supply a product will decline because the form of its products will increase. In different words, the extra one of kind-but-comparable goods you produce, the lower the total cost to provide each one may be.

Your question is incomplete. Please read below for the missing content.

A firm can produce two products with the cost function C(Q1, Q2) = 10 + 5Q1 + 5Q2 - 0.2Q1Q2. The firm enjoys:

A. economies of scale in the two products separately.

B. economies of scope.

C. cost complementarity.

D. economies of scale in the two products separately and cost complementarity.

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6 0

1 year ago

In 1896, the first Green Jacket Golf Championship was held. The winner’s prize money was $160. In 2015, the winner’s check was $

Talja [164]

Answer:

r = 0.080528395 = 8.05%

Winner's Prize at 2044: $ 15,215,114.02

Explanation:

$Principal \: (1+ r)^{time} = Amount$

Principal 160

Amount 1,610,000

time: 2015 - 1896 = 119

$160 \: (1+ r)^{119} = 1,610,000\\ r = \sqrt[119]{1,610,000 / 160} -1$

r = 0.080528395

If the same rate for the winner's prize is being keep by 2044 the winner will get:

$Principal \: (1+ r)^{time} = Amount$

Principal 1,610,000.00

time 29.00 (2044 - 2015)

rate 0.08053

$1610000 \: (1+ 0.0805283946683808)^{29} = Amount$

Amount 15,215,114.02

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3 years ago

C&K Brewing Company is a microbrewery in western Canada. It produces Maiden’s Honor brand ale, a dark beer called Warrior’s

ehidna [41]

Answer:

The correct answer is letter "A": concurrent .

Explanation:

Concurrent control is adopted to regulate ongoing activities in an organization so that they can meet the company's standards. This type of control is chosen to ensure that the output will have the results expected. It implies measuring the quality of the processes at a certain point in time to determine to continue with them or not.

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3 years ago

The P/E ratio for a certain stock was high. This means _____.

Paraphin [41]

4.when you divide the closing price by the dividend you get a number higher thsn 50

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3 years ago

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frozen [14]

Answer:

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2 years ago