Answer:
Detailed solution is given below in attached diagram:
Answer:
At the markets eqilibirium , the quantity demand and the quantity supplied will be equal.If there is a shortage, the quantity demand will be larger than the quantity supplied. If there is a surplus , the quantity demand will be smaller than the quantity supplied.
Explanation:
Answer:
C. Strategic plan
Explanation:
Strategic planning involves developing a business strategy, method of implementing the business strategy and finally evaluating the business strategy in order to see if it has achieve its goal. It is characterized by strategy formulation, implementation and evaluation. In this case, Kia is contributing to the strategic plan by allocating company's resources to meet the long term goals of the company and defining long term activities, that is, developing a business strategy.
Answer:
D.....................................
Answer:
) GDP in 2010 is $500 billion.
Explanation:
Here are the options to this question :
GDP in 2010 is $450 billion.
b) NDP in 2010 is $450 billion.
c) GDP in 2010 is $500 billion.
d) inventories in 2010 fell by $50 billion.
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
