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Alex17521 [72]
3 years ago
5

If over a short time there is an increase in the number of people retired and a decrease in the number of people working, then p

roductivity a. rises but real GDP per person falls b. and real GDP per person rise. c. falls and real GDP per person rises. d. and real GDP per person fall.
Business
1 answer:
lesantik [10]3 years ago
6 0

Answer:

a. rises but real GDP per person falls

Explanation:

Gross domestic product is the total monetary value of output that is produced by an economy in a given period.

GDP increases as the income increases. This is because people have more money to spend on goods and services.

So if people are retiring they will earn pension that will be spent. This increases productivity of the economy.

However since the number of people working is reducing there will be a reduction in real GDP per person. Only few people are producing and output will be allocated to a large population many of whom are not working.

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You are the marketing analyst for Better Beans Coffee Company, which has nine stores nationwide. The company wants to build two
yaroslaw [1]

Question Completion:

Existing Store  Revenue 2nd Store Cannibalization Revenue Net Revenue

                                        Revenue         Estimate      Drop         Increase for

                                                                                                      Market

Los Angeles   1,450,000  1,570,000         10%           145,000    1,425,000

Houston         1,400,000   1,475,000        25%          350,000    1,125,000

Orlando         2,100,000   2,155,000        30%          630,000   1,525,000

Atlanta           1,600,000   1,780,000         55%         880,000     900,000

Chicago         1,950,000   1,730,000         40%         780,000     950,000

San Diego    3,400,000  3,090,000          10%         340,000  2,750,000

Portant          1,000,000   1,075,000         25%         250,000     825,000

Dallas           2,000,000   1,850,000         60%       1,200,000    650,000

Boston         2,300,000  2,200,000         50%        1,150,000  1,050,000

1. Ignoring cannibalization rates for now, what two markets have the highest net revenue increases when adding a second store?

San Diego and Orlando

Atlanta and Dallas

Orlando and Dallas

San Diego and Portland

Dallas and Portland

2. What two markets should be chosen for a second store based on management's criteria that the cannibalization rate for the existing store should be less than 30%

Note: Cannibalization rates and net revenue increase amounts need to be considered when making this determination.

San Diego and Orlando

San Diego and Los Angeles

Chicago and Los Angeles

Chicago and Portland

San Diego and Portland

Answer:

Better Beans Coffee Company

1. San Diego's $2,750,000 and Orlando's $1,525,000 presented the highest net revenue increases when adding a second store.

2. Based on management's criteria that the cannibalization rate for the existing store should be less than 30%, San Diego with 10% and Los with 10% Cannibalization rates should be chosen.

Explanation:

Cannibalization Rate is a measure of the impact of new products or the presence of new stores on sales revenue for existing products or stores.  Cannibalization happens when a business, like the Better Beans Coffee Company, opens a new store in a town where there is an existing store. It can also happen when Better Beans releases new coffee products.  Consumers' attention and demand for existing products can decrease, as a switch to new products or new stores takes place.

4 0
3 years ago
HELP 10 POINTS!!!!!!!!!!!! ONE QUESTION!!!!!!!
8090 [49]

Answer:

Gross profit is a required income statement entry that reflects total revenue minus cost of goods sold (COGS). Gross profit is a company's profit before operating expenses, interest payments and taxes. Gross profit is also known as gross margin

3 0
3 years ago
A brand community refers to the:
Nina [5.8K]

Answer:

The correct answer to the following question will be Option D.

Explanation:

  • A community or culture under which customers meet & connect who shares a collection of social relationships based on use or involvement in such a commodity, termed as a Brand community.
  • It offers corporations the chance to communicate more often with their customers, particularly true with either the presence of social networking sites.

The other three choices are not related to this type of community. So that Option D is the right answer.

4 0
3 years ago
Refer to Exhibit 9.3, which shows the cost and revenue curves for a non-discriminating monopolist. The total cost incurred by th
Gnom [1K]

Answer: $19,800

Explanation;

The Monopolist will maximize output at the point where Marginal Revenue equals Marginal Cost because at this point all resources are being fully utilized.

Total Cost = Average Total Cost * Quantity produced

At the point where MR=MC, the quantity produced is 1,100 units.

The Average Total Cost tallying with this is $18 per unit.

Total Cost = 18 * 1,100

= $19,800

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3 years ago
Which of the following is an advantage of consumer credit?
Ksivusya [100]

D. It can allow you to save money if you time your purchases correctly.

For example, you could purchase something when it goes on sale and pay it off with minimal interest rather than waiting to save up money and buying at full price. (the other answer choices are all disadvantages to consumers).

8 0
3 years ago
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