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<span>Two.
Section 8 of the Clayton act clearly states that a person will not server as
a director or officer of two competing corporations in the same industry.
This situation is also known as 'interlocking directorates'. The enforcement
of this law does not only apply to individuals but to firms as well. However,
there are two major exceptions to this law. It does not apply to Banking,
banking associations and trust companies. It also does not apply in the event
that each of the firms in question lack capital, surplus and undivided
profits of $31,841,000 (adjusted annually) or more in that fiscal year</span></span>
In economics, when finance people talk about MPC, they refer to the Marginal Propensity to Consume. This is simply the ratio of the change in consumption to the change in income. Qualitatively, this measures the ability of a person to save his earnings by minimizing his expenditures.
The equation for MPC is ΔConsumption/ΔIncome. Therefore, MPC is the slope of a graph whose x-axis is income and consumption as its y-axis.
MPC = ($42,500 - $35,000)/($50,000-$40,000)
MPC = 3/4 or 0.75
On the next section, there is no clear answer how an increased spending affects the GDP. Technically, it is the budget deficit that could tell the effect. But still, it would depend on the type of spending and its effect on the long run. Generally, when the government has great spending on projects that would create opportunities for job openings and investments, then the GDP would increase. But if it not, then it would create a large budget deficit. It will be experienced long term through high inflation rates to catch up with the debt.
I you have a positive attitude towards your costumers, you will have a lot of costumers, unlike Walmart.
Answer:
when the buyer operates in an industry where products are undifferentiated
Explanation:
When a buyer can switch easily between suppliers and the goods are similar (not differentiated), then the buyer has higher bargaining power. The smaller the number of buyers, the more bargaining power they will have. A monopsony is the extreme case where one large buyer controls the market, e.g. a large factory in a small town can set the wages of its employees.
<span>Your answer would be, Last-in, first-out</span>