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sweet-ann [11.9K]
3 years ago
6

Based on the following information, determine the location quotient for KuDu City and whether this city has a competitive advant

age in the amusement industry.
Employment in Amusements and Recreation in KuDu City: 54,446;
Total Employment in KuDu City: 578,477;
Employment in Amusements and Recreation (nationally): 1,381,377;
Total Employment (nationally): 106,201,232.
Business
1 answer:
Nata [24]3 years ago
5 0

Answer: 7.24

Explanation:

The location quotient for this question can be calculated by;

=  ( Employment in Amusements and Recreation in KuDu City / Total Employment in KuDu City) / (Employment in Amusements and Recreation (nationally) / Total Employment (nationally))

= (54,446/578,477) / (1,381,377/ 106,201,232)

= 7.2359

= 7.24

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Its real GDP will be $1280.

According to the data provided here, we have that;

Production of 220 pounds of jelly beans at $5 means = 220 x 5 = $1100

While the 90 pounds of gum drops at $2 = 90 x 2 = $180

As production is an investment (I) so,

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Hence, the real GDP of the production of two consumer goods ( Commodities ) is $1280.

When the production after completion goes to the market and after selling they generate revenue and the investment and profit come back which actually calculates the real GDP of an economy.

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___________ are actions taken or measures put in place to eliminate a hazard or reduce the associated identified risk. A ) Misha
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C ) Controls

Explanation:

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6 0
3 years ago
Using a systematic process and practicing writing can help a business writer become better at which writing skills? Check all th
evablogger [386]

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The correct answer is letter "A" and "D": Focusing on the concerns of the audience; Being purposeful.

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While writing business reports, it is important to be concise and short. The message provided must go<em> straight to the purpose</em> of writing the report. Statistical data should be considered without making it the center of the report -unless necessary- because the objective is always capturing the <em>audience's attention</em> with simple but meaningful facts.

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During the last half of 2008, the Fed seemed to take "baby steps" in reducing the federal-funds rate target, before finally lowe
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Why can't the Fed push the rate any lower than zero?

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The reason why the Fed was not willing to push the interest rates to zero or even below zero was that by doing so, the US dollar would have depreciated or lost value. In Europe this was done to encourage people to spend their money and not save as much, but in the US that is not really a problem. Generally in the US the problem is that people spend too much and save too little, but on some European countries and Japan, people tend to save too much. For example in Japan the national savings rate fluctuates between 22-40%, while the maximum savings rate in the US has been 10.4% in 1960, it currently is around 7.6%.

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(B) Simple: increase the inventory receive and decrease cash by the amount paid.

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It wasn't within the discount period. So <u>no discount is granted.</u>

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