The annual rate will increase with the greatest speed from year 1 to year 3.
<h3>What is the growth rate?</h3>
A growth rate is the proportion that changes the price of all goods and services produced in a country over a specific time period in comparison to a previous period.
The growth rate is used to measure the comparative fitness of an economic system over time. The numbers are commonly compiled and announced quarterly and annually.
From 1948 to 2021, the GDP Annual Growth Rate in the United States averaged 3.14 percent, with an all-time high of 13.4 percent in the fourth sector of 1950.
From the above declaration, it's clear that choice C, year 1 to year 3, is the proper option.
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Answer:
335.43 million gallons
Explanation:
price elasticity of demand (PED) = % change in quantity demanded / % change in price
PED = -1.9% / 10% = -0.19, very inelastic
expected price increase $0.40
% change in price = ($3.45 - $3.05) / $3.05 = 13.11%
% change in quantity demanded:
-0.19 = D / 13.11%
D = 2.49%
quantity demanded will decrease by 2.49%, from 344 million gallons to 335.43 million gallons
<span>how much of their company's merchandise is being sold, how much of it has been damaged, how much has gone out of style or is out of season. Once the inventory is taken, Pristine products should be able to project how much product needs to be manufactured and sold going forward so that they do not work at a loss of profits.</span>
Answer: Proxy
Explanation:
The proxy agreement is one of the type of legal or the authorized act which is done of the behalf of another person. By using this type of agreement we can easily done various types of legal formalities in the business management firm.
The proxy agreement should in the written format and specifically signed by the other member or party in the management. The proxy agreement is valid 10 months starting from the the date of issue.
According to the given question, the agreement between the Philip and the Roscoe is basically know as the proxy agreement in the corporation.
Therefore, Proxy is the correct answer.
Answer: During periods when the inflation rate fluctuates widely, "c. uncertainty about changes in relative prices causes a decrease in economic efficiency".
Explanation: Economic process caused by the imbalance between production and demand; it causes a continuous rise in the prices of most of the products and services, and a loss of the value of the money to be able to acquire them or make use of them. The uncertainty in prices caused by inflation also negatively affects consumers, since they must waste time researching the price of the products they consume. So this uncertainty and less information, which produces inflation, negatively affects both investors and consumers, and with this negatively affects the growth possibilities of the economy.
