Answer:
An increase in aggregate demand in the economy will have what effect on macroeconomic equilibrium in the long run? A. The price level will rise, and the level of GDP will fall.
Answer:
1.57
cash cow
Explanation:
When using the BCG matrix, the relative market share helps to compare how your product is doing vs the industry's leader. In this case, to measure he relative market share of the Jeep Liberty we divide it by the industry's leader, or in this case, the runner up = 44% / 28% = 1.57
Since the Jeep Liberty's relative market share is 1.57 times larger than the second most popular mid-size SUV, then we could classify it as a cash cow. A cash cow is a product offered in a mature slow growth market that has a high market share and generates large revenues and profits to a company.
The Modified Accelerated Cost Recovery System (MACRS) is used for tax purposes.
<h3>What is depreciation?</h3>
Depreciation refers to the devaluation in the value of the tangible assets after a particular period of time. When the depreciation value of the assets becomes zero or negative. It becomes outdated or obsolete.
Modified Accelerated Cost Recovery System is the system introduced by the United States which is the tax depreciation system used to estimate the value of the assets depreciated.
Initially, it was introduced to attract the investors to invest in the depreciating assets. the benefit of this system is that it gets higher tax exemptions.
Learn more about devaluation here:
brainly.com/question/1457256
#SPJ1
Answer: True, False
Explanation:
Perfectly competitive market is governed by the following characteristics,
a. Identical/homogeneous goods
b. Large number of buyers and sellers
c. Free entry and exit
d. Perfect information
Therefore, the above statement is <em>true</em> that in a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are <em>price takers</em>.
The market for digital cable does exhibit the two primary characteristics that define perfectly competitive markets. Firms in a digital cable market have to sell the same product (like the channels they offer), they need to set the same price. Thus, the statement is <em>false</em>.
