Answer:
The statement is false. The largest component of GDP is private consumption, or simply: consumption.
Explanation:
Consumption includes all purchases of goods and services made by individuals and households except for the purchase of new houses (these are considered investments).
In the U.S., consumption accounts for around 70% of GDP. This is why some economists say that the U.S. is a consumer-based economy.
Answer:
Vertical publication
Explanation:
Vertical publication are those types of publications where the editorial content is majorly focused on one type of industry or business. They are similar to trade magazines. In this case, the publication is concerned and majorly focused on marketing industry, hence why we refer to it as a vertical publication. They are publications usually written to benefit a particular business, industry or profession.
Answer:
Walmart, MacDonald's and Payless ShoeSource.
Explanation: Cost Leadership is a business strategy where a comoffers products and services with acceptable quality and features to customers at a very low price.
Yes they should advertise their products and services, actually some of them use advertising slogans like "why pay more when you can pay less" "Always low prices" and " save money" Used by Walmart.
Advertising which is usually a way to tell people about what you do and why you should do it with them or through them, tells people about changes in their prices and introduction of new products.
Again, it will amaze you to know the a lot of people don't know about these companies yet. It helps them to reach more people and this in turn increases their sales.
Answer:
The addition to retained earnings is $121,400.
Explanation:
Net Income = $192,400
Dividend = $71,000
use Following formula to calculate the addition to retained earning
Addition to Retained Earning = Net Income - Dividend paid
Addition to Retained Earning = $192,400 - $71,000
Addition to Retained Earning = $121,400
So, the addition to retained earnings is $121,400
