Answer:
the total productivity decreased from 1.66 to 1.53 due to the decreased in the productivity of the labor( from 6.67 to 5.5) and raw materials (from 5.71 to 4.88)
Explanation:
productivity is defined as the ratio of the output to input.
partial measures is defined as the ratio of the output to the single input or it is the ratio of the output to the labor or the ratio of the output to capital.
total measure is the ratio of the goods or services produced to all the inputs used in producing them.
LAST YEAR:
total productivity =
partial productivity for labor =
partial productivity for capital =
partial productivity for raw materials =
THIS YEAR:
total productivity=
partial productivity for labor= 5.5
partial productivity for capital = 4.4
partial productivity for raw materials = 4.88
If a retailer of luxury products offers personal shopping, free gift wrapping, and free delivery. the retailer is most likely considering which factor when determining the customer services offered : Price image.
<h3>What is Price image?</h3>
Price image can be defined as the way that a customer tend to perceive the price that a company tag on their product.
Some companies can tend to make use of price image as a form of pricing strategy so as to attract customers to their product. Some companies can reduce the price of their product so as to have competitive advantage over other companies that sell the same or similar product as theirs. This Price image are often use in big store or supermarket.
Therefore the retailer is most likely considering which factor when determining the customer services offered price image.
Learn more about pricing here;brainly.com/question/27124956
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Answer:
B) There is an inflationary gap, and contractionary fiscal policy is appropriate.
Explanation:
One of the macroeconomic cases is inflationary gap. It means that the difference between the current level of real gross domestic product (GDP) and the predicted or forecasted GDP that would be experienced and achieved if an economy is at full employment. It could be claimed that when the demand for goods and services gets over the production in the factors such as: higher levels of overall employment, increased trade activities or increased government expenditure.
In order to overcome this gap, the contractionary fiscal policy must be considered. The mechanism of that policy is to increase the taxes decrease the government expenses due to inflationary pressures. This policy consequently will affect the level of consumption and private investment, respectively, these also will decrease the real GDP.
Other concept of macroeconomics is recessionary gap. In comparison to inflationary gap, this concept indicates the economy operating at lower level than its full equilibrium level, in turn, the level of real GDP is also less than full equilibrium level. We used to see this situation when the economy was intending to recess.
In order to overcome this gap, the expansionary fiscal policy will work well. Because of decreasing taxes and increasing government expenditures, the recessionary gap can be fought anymore. Since the taxes decreases, the business will revive and the confidence to the investment will increase, as a result the GDP will rise. Moreover, the growing government expenditures will stimulate the GDP to accrue.
To summarize, according to the question we need the gap in which the economy is above of potential, this means inflationary gap. Following this finding, the contractionary fiscal policy will be solution.
Answer:
corporate culture is chosen by senior management in middle managers and employees have little control over it
Explanation:
I believe this is the answer because based off what it said the employees and managers were not allowed to choose products
Answer:
3000
Explanation:
180 months is 15 years (180/12 months)
so 45000/15 years= 3000/year