<span>Poor housing market put home buyers in a financially unstable position because when the home value decreases, property taxes and insurance costs increases. Though the amount of the housing is at low cost, taxes and insurance companies get competitive and demanding resulting to inflation over the years.</span>
Answer:
Contribution margin per unit = $180
Explanation:
The contribution margin per unit is the amount that each unit contributes towards covering the fixed costs of the company after the variable cost of each unit has been covered. It is calculated by deducting the variable cost per unit from the selling price per unit.
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = 450 - 270
Contribution margin per unit = $180
Answer:
Value is defined by what needs to be done
Explanation:
In marketing, value is not defined by what needs to be done, rather it is defined as the satisfaction or benefit that a consumer derives from using a product or service.
This definition of value is always used in comparison to the costs the customer has paid before enjoying those benefits
Hence Value could be said to be Benefits of buying a product - Costs paid for the product
B) Unlawful Bribery
Bribe means to give money for illegal work and unlawful means against the law.
Answer:
None of the other answers is correct.
Explanation:
Williams A. Phillips was a notable economist born in New Zealand. Phillips wrote a famous article titled "The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957" published in 1958 by Economica. In the article, he used data for the United Kingdom (U.K) to illustrate on a graph, a negative or inverse relationship between the rate of change of employee wages in the U.K and the unemployment rate in the United Kingdom (U.K).
Consequently, using the Phillips curve it is practically impossible for policymakers to reduce both the inflation rate and the unemployment rate because as the inflation rate decreases; the unemployment rate increases and vice-versa.
However, according to the Phillips curve, policymakers can reduce inflation and increase unemployment if aggregate demand is contracted.