Answer:
$50 billion
Explanation:
To find the change in aggregate expenditures, we need to find the change in consumption. For this, we will use the marginal propensity to consume formula:
MPC = ΔC/ΔY
Where:
MPC = Marginal propensity to consume
ΔC = Change in consumption
ΔY = Change in output (GDP)
We know that out MPC is 0.5, and our ΔY is $billion. We plug these amounts into the formula:
0.5 = ΔC / 100 billion
And we rearrange the equation to solve for ΔC
ΔC = $ 100 billion x 0.5
ΔC = $50 billion
So the change in consumption is $50 billion, which is also the change in aggregate expenditure.
Good managers demonstrate commitment to ethical business practices with great leadership, authority, and responsibility.
<span>Three good indicators of just how well a company's present strategy is working are:
</span>1.Whether the company is acquiring new customers at an attractive rate as well as <span>retaining existing customers
</span><span>2.Whether the company is achieving its financial and strategic objectives and whether it is an above-average industry performer.
</span>3.Whether the firm’s image and reputation with its customers are growing stronger orweake
Answer:
- The image was different from the thin, too perfect models usually seen in beauty ads.
- The image enabled female consumers to identify with the women in the ads.
Explanation:
Dove's use of women of all sizes and shapes in their underwear was hailed as revolutionary because it was seen as a departure from the thin and perfect models that were often seen in such ads.
These had contributed to the hate that some women felt towards their bodies and Dove's message of body positivity really resonated as women were able to identify with the women in the ads unlike the previously 'perfect' models that had been used.
The result was a massive success as body positivity messages and campaigns were started and Dove benefitted from these in no small way by becoming one of Unilever's biggest brands.
