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3 years ago

Changes that can increase measured total factor productivity include:

Business

1 answer:

dedylja [7]3 years ago

7 0

Answer:

The correct answer is letter "A": increased expenditures on education.

Explanation:

Total Factor Productivity (TFP) measures the total production of a region by dividing the total amount of output by the weighted average of inputs such as labor and capital. It represents growth in real output as a result of changes in labor and capital. Under such a scenario, changes in the expenditures for education would change the total factor of production since it has a direct impact on labor quality. The higher the expenses in education, the higher the quality of labor.

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Generally it is thought that assignment of property rights leads to efficient use of resources. We noted two cases however (the

malfutka [58]

Answer:

Explanation:

This could be due a number of factors.

1 Externality effect

2 There could also be market failure, when property rights are not properly defined.

Externality is the effect of a third party on a property right, when all parties cannot come to an agreeable resolution on properties this could lead to inefficient use of land.

Also when the property rights are not put in place its difficult to come to a resolution that satisfies all parties.

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3 years ago

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MAVERICK [17]

Answer:

Explanation highest paying

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1 year ago

A basic Customer Relationship Management premise is that: a. each individual customer is limited to a single sale. b. customers

klasskru [66]

A basic Customer Relationship Management premise is that (B) customers form relationships with companies as opposed to companies conducting individual transactions with customers.

A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients.
The objective is straightforward: to strengthen business ties.
CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.
Expressing gratitude to customers once they make purchases.
If a customer buys a certain product, upsell or cross-sell to them.
sending a coupon along with a birthday greeting. giving a customer who hasn't bought anything recently a discount.

What is CRM and why is it important?

CRM enables organizations to establish a relationship with their clients, which fosters loyalty and client retention.
CRM is a management technique that boosts a company's profits since customer loyalty and revenue are two factors that influence a company's revenue.

Learn more about customer relationship management (CRM) /brainly.com/question/21299183

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1 year ago

Fiscal policy would be more effective if: a. crowding out occurred more often. b. the government could change taxes and expendit

Elodia [21]

Answer:

B) the government could change taxes and expenditures rapidly.

Explanation:

Fiscal policy is the government's spending and taxation policies carried out to influence the country's economy. The government can carry out an expansionary fiscal policy by reducing taxes or increasing spending to try to boost the economy, or it can carry out a contractionary fiscal policy that increases taxes and reduces spending to try to cool down the economy.

Expansionary fiscal policies are carried out to try to increase total aggregate demand, but it also increases the government's deficit and national debt. The main gals of fiscal policy should be to lower unemployment rate and achieve a sustainable economic growth.

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2 years ago

Use your understanding of the strategic management process to complete the sentences below.

pantera1 [17]

A firm’s Strategy is the plan of action that describes resource allocation and activities for dealing with the environment, achieving a competitive advantage, and attaining the organization’s goals.

Explanation:

By acquiring a technology company that develops smartphone apps, a video-streaming business hopes to achieve Synergy , combining its video rights with mobile technology to increase profits.

Example

Drybar, which started in Brentwood, California, in 2010, is a hair salon catering entirely to people with curly or frizzy hair who want their hair straightened. No cuts, perms, or coloring happen here. The store now has over 40 locations.-Target Customer

Applewood Seed Co. of Colorado has fifty years of experience growing and supplying native wildflowers, grasses, and herbs to seed distributors, landscapers, golf courses, state highway departments, parks departments, government agencies, garden centers, mining companies, hydroseeders, and reclamation companies. Applewood has both an in-depth horticultural knowledge of native plants and the ability to supply in bulk-This statement is an example of exploit core competencies

A meditation instructor partners with a technology developer to market relaxation apps featuring soothing natural sounds and guided meditation exercises. The tech expert writes the code, and the meditation instructor develops the apps’ content.-This is an example of building up the Synergy

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3 years ago