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2 years ago

The primary measure of a nation's level of development is its _____.

1 answer:

7 0

The answer is per capita gross domestic product. The per capita GDP is the one responsible for measuring the country’s total output in which they take their GDP and are being divided by how many are the people in their own country.

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Billy Bob's Barber Shop knows that a 5 percent increase in the price of their haircuts results in a 15 percent decrease in the n

Gala2k [10]

Answer:

Option (B) is correct.

Explanation:

Given that,

Percentage increase in price = 5%

Percentage decrease in quantity demanded = 15%

Therefore,

$Elasticity\ of\ demand=\frac{percentage\ change\ in\ quantity\ demanded}{percentage\ change\ in\ price}$

$Elasticity\ of\ demand=\frac{15}{5}$

= 3.0

Hence, elasticity of demand facing Billy Bob's Barber Shop is 3.0

6 0

2 years ago

In a small open economy, starting from a position of balanced trade, if the government increases the income tax, this produces a

aniked [119]

Answer:

Trade Surplus and positive net Capital flow

Explanation

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2 years ago

Would you want to work for a company that has chosen to be a conscious marketer? Why or why not? Support your decision by discus

grigory [225]

Answer:

You would want to work for one because it had a lower chance of getting closed or loosing money. A positive is wiser spending. A con is not taking all the risks.

Explanation:

Hope this helps!

8 0

2 years ago

For the year ended December 31, Year 1, Fields Company made cash payments of $61,600 for dividends, paid interest of $30,400, pa

Yanka [14]

Answer:

D. $77,600

Explanation:

The $77,600 made to purchase equipment would be reported as a cash outflow in the investing activities section. This is because asset purchased such as equipment is an investment while the cash used to purchase the asset is regarded as cash outflow.

Dividends are recorded in the financing section, while cash paid for interest and paid to suppliers would be recorded in the operating activities.

4 0

2 years ago

According to Zane, it was difficult for him to empower his employees and not micromanage; however, he realized that being resp

son4ous [18]

Answer:

The answer is: Interpersonal skills

Explanation:

Interpersonal skills, also known as the soft skills, refers to the behavior of an individual while interacting or communicating with others. Interpersonal skills can also be described as the ability of an employee to work with others.

Interpersonal skills include effective communication, active listening, deportment, attitude and dispute resolving.

<u>Therefore, the given example illustrates </u><u>Interpersonal skills.</u>

5 0

2 years ago