Answer:
Explanation:
GDP = C + I + G + NX
Where, C = Consumption, I - Investment, G - Government Purchases, NX - Net Exports
GDP = 11.00 + 1.20 + 3.10 + (1.20 - 2.32)
= 14.18 trillions of Rupees
I would recommend it lower its price.
Explanation:
iWatch is not a product a lot of people wish for and it doesn't compliment the life of users enough to be expensive to buy. When it is expensive sales will reduce which would make sales revenue reduce but if the price is low a lot of people will patronize the product thus increase revenue.
#learnwithbrainly
Digital citizenship<span> can be defined as the norms of appropriate, responsible behavior with regard to technology use. 1. </span>Digital<span> Access: full electronic participation in society. Technology users need to be aware that not everyone has the same opportunities when it comes to technology.</span>
Answer: Price ceilings are beneficial to society, and are often necessary, in that they make sure that essential goods are financially accessible to the average person, at least in the short run. By lowering costs, price ceilings also have the beneficial effect of helping to stimulate demand, which can contribute to the health of an economy.
However, there can also be downsides to price ceilings. While they stimulate demand, price ceilings can also cause shortages. Where the ceiling is set, there is more demand than at the equilibrium price. This means that the amount of the good or service supplied is less than the quantity demanded.
For example: in agriculture, medicine, and education, many governments set maximum prices to make the needed goods or services more affordable. Producers may respond to such an economic situation by rationing supplies, decreasing production levels or lowering the quality of production, making the consumer pay extra for otherwise free elements of the good (features, options, etc.), and more.
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