The number of employed workers in this economy is A. 13.5 million
Explanation:
The number of unemployed people in the economy means the percentage of people who are actively seeking employment but cannot find a job for sustenance.
Thus, the ones who are seeking a job are the only ones that can be considered here.
So, the total population cannot be considered and the pool that justifies this demographic is the total labor force which is 180 million.
And the number of unemployed people would be calculated by multiplying the percentage of them with the total labor force which would be
7.5 * 180 = 13.5 million people.
Thus 13.5 people in the force are unemployed.
D) savings - you should always have a 'buffer' to ensure that should the worst happen you have 'thinking time' to adapt your lifestyle.
Answer: B. different stages in the life cycle call for different marketing strategies.
Explanation:
A product goes through different stages in its development when it is first introduced into the market. These stages include the introductory stage, the growth stage, the maturity stage and the decline stage.
Each of these stages will mean a different level of sales for the product which means that the company will have to capitalize on the opportunities offered by each stage in order to market the product in such a way that it will sell. For them to do so though they will need to know what stage the product is at and that is why the Product Life Cycle is important.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
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