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Sauron [17]
3 years ago
13

(20 points)

Business
2 answers:
neonofarm [45]3 years ago
7 0

c.

d

false

d

true

true

true



valentinak56 [21]3 years ago
7 0

Answer:

1) C

2) D

3) False

4) D

5) True

6) True

7) True

Explanation:

1) The product stays in the same price range as the competition if it is not necessarily new or unique.

So, option C. is correct.

2) Option d. is correct i.e., someone needs to find a business to invest in.

3) False,  it is not easier for a brand-new business to get a loan than an existing business as a brand-new business may shut down at any time.

4) Option D.is correct as besides price, factors A, B, C are also important.

5) True, almost half the private-sector jobs in this country come from small businesses.

6) True, a small business can thrive, even in a bad economy as it does not need much investment.

7) True, the stock market represents small businesses.

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The chart gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP
Mrac [35]

Answer:

Explanation:

The chart below gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP for both years. Use 2017 as the base year.

Year                 2016             2017  

                      Price      Quantity Price Quantity  

Ice Cream $7.00        600      $3.00 400

Blue Jeans $70.00          20       $20.00   90

Laptops       $300.00            5       $300.00     5

2016 nominal GDP = $_(7 x 600) + (70 x 20) + (300 x 5)_ =  $7,100

2017 nominal GDP = $_(3 x 400)+(20 x 90) + (300 x 5)_  = $4,500

2016 real GDP = $__(7100-4500)/ 4500)) / change in ice cream price of 50%+ change in blue jean price of (70-20/20) 250%_______

= 0.57/3 = 0.19% growth. Technically the economy was better in 2016 than in 2017.

2017 real GDP = will be same as nominal, hence no growth  since this is the base year

4 0
3 years ago
Definition:_________ This is the process of reducing or eliminating government regulations on an industry, allowing for more lai
baherus [9]

Answer:

Deregulation

Explanation:

<em>Deregulation when the government power is reduced or eliminated from a particular industry in order to make business easier and less restrictive.</em>

I hope you find this information useful and interesting! Good luck!

3 0
3 years ago
Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off
zloy xaker [14]

Answer and Explanation:

The Journal entry is shown below:-

Bad debts expense Dr, $2,000

          To Accounts receivable-Hopkins $2,000

(Being write off is recorded)

Here we debited the bad debt expenses as it increased the expenses and we credited the accounts receivable as it reduced the assets so that the proper posting could be done  

7 0
3 years ago
James is currently unemployed. He is disappointed every Sunday when none of the job advertisements in the newspaper are for work
balandron [24]

Answer:

Structural unemployment

Explanation:

James is going throughout a non voluntary unemployment because there is a "gap" between his skills and the market demanded skills. To minimize this gap, James should improve his skills sets, or take a job with less requirements

5 0
3 years ago
If your heart get broken by a man then his new girl threatens you what do u do???
Anarel [89]

Answer:

tell the cops and sue her hopefully if you win you could get money

4 0
3 years ago
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