Answer:
10 million people. Point "t".
Explanation:
This analysis can simply be referred to as a severe recession which is also known as depression. It is defined as a condition whereby Gross Domestic Product is down by approximately 10% and there is about three to four years recession. Based on the above definition and the analysis given in the question, the situation is similar to a depression. Thus, the number of people that would have lost their jobs is 10 million and there is an adjustment from the "x" to "t".
Answer: A nation with a market-based economic system
Explanation:
Market economies are generally considered the best places to do business because the competitive nature as well as minimal Government interference gives companies the opportunity to make profits if they are efficient enough.
A company that lacks basic democratic institutions will be shunned because the Government can impose unilateral decrees that could be harmful to business and people would be unable to go against them. The same goes for a nation where economic activity is regulated by the state.
And a nation where the rule of law does not take precedence over business could lead to unfair competition so the Market based economy is the best to do business in.
Answer:
Costco is following Customer Oriented Strategy in the business.
Explanation:
Costco offers around 4000 different products to its 64 million members. Costco is now planning to stock more of organic products as the popularity for these products among its customers in gaining significance. Costco has also planned to help farmers to grow organic farms which will benefit the Costco customers. This is customer oriented strategy because Costco is focusing on the needs of its customers.
The true statements are:
- Raw materials inventory represents the cost of materials not yet used in production.
- When materials are purchased they are recorded in the Raw materials inventory account.
<h3>What are Raw materials?</h3>
Raw Materials are unprocessed materials used in the production of certain finished products.
In business accounting;
- The raw materials inventory is recorded as the cost of materials that are yet to be used in production.
- The materials purchased are usually recorded in the raw materials inventory account.
Learn more about raw materials here:
brainly.com/question/825024
Answer:
c. microeconomics concentrates on the behavior of individual consumers and firms while macroeconomics focuses on the performance of the entire economy.
Explanation:
Macroeconomics analyzes the behavior and performance of the entire economy. It examines all the aggregate indicators that influence economic performance. These factors inflation, unemployment rate, growth rate, and gross domestic product. The Government and other stakeholders use macroeconomic data to formulate policies aiming at directing the economy in the intended direction.
Microeconomics is the analysis of how firms and individual households allocate limited resources to satisfy unlimited wants. It studies how individuals make choices and how those choices affect the production and consumption of a product. Microeconomics is concerned with a single product or market, while macroeconomics deals with the whole economy.