Answer: Business model
Explanation: A successful business model is one which makes more profits than it costs to produce the product. A person opening a restaurant only needs a standard business model while concentrating on significant techniques on different types of customers.
However, it is not used by new companies alone but can also be used by established companies who want to go into a new market. It helps to capture where a company is headed and the direction it will take you to get there.
It’s cool and all but have you ever seen two pretty best friends?
Making sure you have enough money in your account so as to not bounce a check, also see where and what was paid
Answer:
The Coronavirus pandemic took the world by surprise and most people were not ready for the far reaching quarantine measures that were put in place. These measures along with the general fear of the disease meant that Consumers were demanding less of goods and services which had the effect of shifting the Short Run Demand curve to the left.
The world also saw travel restrictions put in place which were a serious blow to international commerce because suppliers found it hard to source goods. This reduced the supply of goods and services which also meant that the Short Run Aggregate Supply Curve shifted to the left as well.
The New Equilibrium led to a way lower output at Y¹ which is shows why GDP growth fell into negative.
As a result of decreased output and quarantine measures, companies could not afford to keep their employees and had to let go of a lot of them. This is why the Unemployment rate went up as well.