Answer:
The correct answer is the option D: High costs involved in imitation.
Explanation:
To begin with, the name of ''VRIO'' refers to an analysis that is used in the field of business in order to obtain better results in the strategy of the firm's management process, focusing in a resource or capability that the company possesses in order to determine its competitive potential.
To continue, the questions about imitability in the analysis are the ones that focuses in the costs that the other companies will have to generate a resource or capability and if they have or not a disadvantage due to that. To sum up, in the case presented, the TMC's competitors face a disadvantage regarding the costs of imitation due to the social complexity, patents, unique historial conditions and casual ambiguity. Therefore that TMC is able to mantain its competitive advantage.
The nominal GDP in that year will be $4018 billion.
<h3>
What is Nominal GDP?</h3>
- Nominal gross domestic product is GDP calculated using the most recent market prices. GDP measures the monetary worth of all the goods and services a nation produces. Nominal GDP differs from real GDP in that it considers inflation, which represents how quickly prices are rising in an economy.
- The monetary worth of the products and services produced is the standard way to calculate GDP.
- Nominal GDP can overstate the growth rate because it does not account for the rate of price increases when comparing one period to another.
- Growing pricing rather than increasing the number of goods and services produced may cause nominal GDP growth from year to year.
- Nominal GDP is the starting point, whereas real GDP includes price changes.
we know that
Nominal GDP = Real GDP × Price index
Nominal GDP = $3668 × .112
Nominal GDP = $4018
hence, the nominal GDP in that year will be $4018 billion.
To learn more about Nominal GDP with the given link
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Answer:
Annual depreciation= $15,950
Explanation:
Giving the following information:
On January 2, 2017, the Matthews Band acquires sound equipment for concert performances for $65,800.
The band estimates it will use this equipment for four years. It estimates that after four years it can sell the equipment for $2,000.
We need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (65,800 - 2,000)/4= $15,950
Three benefits that could inspire one to avoid being unemployed after graduating is:
- Do the Job you would desire after graduating during college
- Apply for internships
- Develop the qualities of a leader during college.
<h3>What is Unemployment?</h3>
Unemployment is a state of being idle without job. It is a situation where one does not work and does not earn.
Applying for internships during college can spur an individual to avoid being unemployed after graduating. Also, doing the work you desire to do after college can be a motivating factor and developing leadership skills can inspire one to avoid being unemployed after graduating.
Learn more about Unemployment here:
brainly.com/question/305041
Answer:
The correct answer is C. when income increases, demand for a normal good increases while demand for an inferior good falls.
Explanation:
The normal good is that whose quantity demanded for each of the prices increases when the rent increases. A lower good is one whose quantity demanded decreases when income increases. The inferior goods are usually those for which there are higher quality alternatives. When it comes to a normal good, increasing the income of the consumer increases the quantity demanded at each price. Causing a shift in demand to the right.
