Answer;
Who will consume the goods and services?
What goods and services will be produced?
Explanation;
There are three key economic questions every society must answer. These are;
- What goods and services should be produced?
- How should these goods and services be produced?
- Who consumes these goods and services?
The role of a consumer (or of consumers in general) is important in an economic system because it is consumers who demand goods and services. When they do this, they make it so that other people can have jobs making the goods and services the consumers want.
Answer:
"A"
Explanation:
Gross domestics product is the market value the goods and services produced in a season irrespective of who produce it whether a foreign or indigenous producer.
Gross national product is the measure of the value of goods and services produced in a season by nationals of a particular country irrespective of the location they were produced.
One major difference between the two is that gross domestic product include income payments to foreigners for their work domestically but gross national product does not.
Answer:
This customer is looking for long term growth, so common equities are an appropriate investment rather than long term bonds. Since the customer does not believe in active asset management, a passive approach is best - that is, an index fund that has very low ongoing fees.
Explanation:
hope this helps
Penetration rate is popularity of an item in terms of usage or purchase.
It is measured by these three steps:
1) Determine the market penetration of the product. (Number of people who buy or use product).
2) Compute the brand penetration. (Number of people who buy or use the brand divided by the market size).
3) Calculate the brand pentetration share. (Ratio of the brand penetration to the market penetration. This will be represented as a percentage.