Answer:
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"The US Home Mortgage market initiated the 'global economic recession' of 2008-2009."
Biggest economic recession since the Great Depression back in the '30s.
Answer:
In marketing
Explanation:
The Product concept is the understanding of the best features of a product which a marketer wishes to sell. Before a product is sold, it is very important that the marketer gets a proper understanding of the product. This knowledge would help him convince the customer that the product is the best and would actually meet his needs.
For producers, realizing this need of customers would help them focus on making products with superior quality that can as well meet the requirements of customers. These products should also be able to thrive in a very competitive environment.
<u>Calculation of Hulkster's 2018 return on shareholders' equity:</u>
Return on shareholders' equity can be calculated with the help of following formula:
Return on shareholders' equity= Net Income / Average shareholders' equity
Following information is available:
Net Income for the year 2018 =$41,500
Shareholders' equity 2018 = $252,000
Shareholders' equity 2017 = $231,000
Average shareholders' equity = (252000+231000) /2 = $241,500
Return on shareholders' equity for 2018 = 41500/241500 = 0.1718 =17.18%
Hence, Hulkster's 2018 return on shareholders' equity is <u>17.18%</u>
Answer: variable; fixed
Explanation: In the short run, Kyoko's workers are variable inputs. This is because, the number of workers needed can be varied based on production needs, even in the short run. Examples are energy, labor etc.
Kyoko's ovens are fixed inputs. Fixed inputs are those inputs whose quantities cannot be changed in the short run by a firm as it seeks to change the quantity of output produced. Examples are equipment, land and building.