All categories

3 years ago

What are two examples of economic goals

Business

2 answers:

Alex3 years ago

8 0

Answer:

Economic Growth

Full Employment:

Price Stability or Controlling Inflation:

The balance of payment:

Economic Security:

Explanation:

Paraphin [41]3 years ago

7 0

National economic goals include: efficiency, equity, economic freedom, full employment, economic growth, security, and stability. Economic goals are not always mutually compatible; the cost of addressing any particular goal or set of goals is having fewer resources to commit to the remaining goals.

You might be interested in

The strategy canvas for movie theaters includes factors such as prices, comfort, customer service, concessions variety, and hour

zzz [600]

Answer:

The correct answer is B

Explanation:

Value curve is the one which states graphically, the way or manner or method, in which the industry or the company configures the products or the services to its customer. This is a powerful as well as effective tool in order to create the new market spaces.

So, the strategy which the company should use in order to make themselves as a differentiator by offering the high customer service, high price, high concessions, low operation hours and the high level of the comfort to the customers.

5 0

3 years ago

which of the following does not own the factors production A. the market B.householdes C .individuals D.firms

postnew [5]

Answer:

C. Individuals

Explanation:

Indivudals do not own the factors of production.

4 0

4 years ago

is the area of business that deals with how a company conducts its business and implements controls to ensure proper procedures

stira [4]

The area of business that deals with how a company conducts its business and implements controls to ensure proper procedures and ethical behavior is corporate governance.

<h3>What is corporate governance?</h3>

It should be noted that corporate governance simply means the system through which companies are controlled and directed.

The board of directors of an organization should hold regular meetings, maintain control over the company, and have clearly defined roles as a result of good corporate governance. Additionally, a strong risk management system is ensured. One of the cornerstones of any successful firm is excellent corporate governance.

In this case, it's important for companies to engage in ethical procedures

Therefore, the correct option is corporate governance.

Learn more about corporate governance on;

brainly.com/question/13503182

#SPJ1

3 0

2 years ago

Megan and Susan are roommates. They spend most of their time studying (of course), but they leave some time for their favorite a

dexar [7]

Answer and Explanation:

The cost of pizza production for Megan is 3 ÷ 5 root beer gallons.

And, Susan's pizza production potential cost is 1 ÷ 2 root beer gallons

Megan also gained an edge in pizza making as she only takes three hours, whereas Susan takes four hours on the other side.

And, susan's opportunity cost is lower than megan, which means that susan has the comparative advantage.

3 ÷ 5 root beer gallon may be better off.

And the cheaper price of 1 ÷ 2gallons of root beer could be better.

6 0

3 years ago

Rain spoils the strawberry crop, the price of strawberries rises from $2 to $4 a box, and the quantity demanded decreases fr

Veseljchak [2.6K]

Answer:

a. Price elasticity of demand is 3.5.

b. Demand for strawberries elastic.

Explanation:

a. Calculate the price elasticity of demand over this price range.

Price elasticity of demand can be calculated as the percentage change in price divided by percentage change in quantity demanded.

We can therefore proceed as follows:

Percentage change in price = [(4 - 2) ÷ 2] × 100 = 100%

Percentage change in quantity demanded = [(1,400 - 1,000) ÷ 1,400] × 100 = 28.57%

Price elasticity of demand = 100% ÷ 28.57% = 3.5

Therefore, the price elasticity of demand over this price range is 3.5.

b. Describe the demand for strawberries.

Since the calculated price elasticity of demand of 3.5 is greater 1, this implies that demand for strawberries elastic. That is, customers are sensitive and more responsive to the change in price of strawberries.

8 0

4 years ago

What are two examples of economic goals​

What are two examples of economic goals