Answer:
B.
Explanation:
You do not need collateral to be given an unsecured loan.
In the Philip's curve the long run usually refers to the vertical line and the rate of unemployment the short run Philips curve denotes inflation and is in L shaped and the relationships indicates the trade-off between the inflation and the unemployment
Explanation:
This curve in general shows the relationship between the rate of increase in the nominal wages and the rate of unemployment and usually lower the rate of inflation higher will be the wages allotted and it will be the vice versa
There will be a shift in the Philips curve when there is a hike in the oil prices abroad and this will cause the curve to shift leftwards so in the long run it will indicate the unemployment rate and in the short run it will indicate the inflation rate
Answer:
A) Outsourcing
Explanation:
Outsourcing is sourcing labor and talent internationally rather than domestically.
Answer:
The correct answer is the option A: causes demand for LGBP Clothing to be less elastic.
Explanation:
To begin with, due to the fact that the content shown in the advertisement tends to be pretty good due to the people having fun with the company's clothes then the customers will picture themself in that same situation wearing the clothes of the firm, therefore that they will tend to buy more products of the company and by doing that the price elasticity of demand will decrease due to the fact that now the goods will be more needed by the people due to the advertisiment.
Answer:
producer surplus 14.2 dollars
Explanation:
The producer surplus will be the area above the marginal cost and the sales price:
Marginal cost: will be 0.8 regardles of the quantity
The demand line is build with the formula given: Qd = 20-5p
and then we stablish the price as state 2.4 for the first 8 units and 1 dollar from that point
As it met the demand curve in 15 units there will be sales for 15 units the first at 8 and the remainder 7 at 1 dollar
<u>Producer surplus:</u>
(2.4 - 0.8) x 8 + (1 - 0.8) * 7 = 14.2