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Answer:
Germany’s GDP has increased annually by at least 3% for the past 3 years
Explanation:
Attaining a sustainable rate of economic growth is one of the major objectives of macroeconomic goals. Economic growth can be measured by GDP. GDP measures the economy's annual output which include expenditure or income. Therefore, Germany's GDP growth by at least 3% for the past 3 years means that the country's income or expenditure has continuously grown annually in those years.
Answer:
<u>Service platforms.</u>
Explanation:
Service platforms is a computational model that operates through the cloud. All development and innovation process of this platform is implemented in the cloud. This platform is effective in allowing you to operationalize complete software and hardware across the cloud, such as sophisticated applications and simple enterprise applications across the cloud.
Answer:
E. both industries represent price-making firms.
Explanation:
Monopolistic competition refers to an industry in which companies sell products or services that can be similar but they are not perfect substitutes which generates low entry barriers and they are price makers because they can influence prices given that there are not perfect substitutes for their product. According to this, the answer is that monopolistic competition is like monopoly in that both industries represent price-making firms because in a monopoly companies as in monopolistic competition, companies are able to influence the price of the product.
Answer:
B. Maximize the value added by each of their activities.
Explanation:
Lean systems are business systems whereby lean principles are holistically applied to the way they plan, organize, direct, control and prioritize work. The lean system is centered upon the customer as it tries to understand what value the customer assigns to products and services. It looks to maximize the value added by each of its activities by removing waste and delays from them. In summary, it maximizes customers' value.