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4 years ago

When a recessionary gap occurs,

Business

1 answer:

viktelen [127]4 years ago

7 0

Answer: Real output is less than the natural level of output, and unemployment exceeds its natural rate. (C)

Explanation:

The recessionary gap is a term in macroeconomic which describes an economy that is operating at a level which is below its full-employment equilibrium. The recessionary gap is also known as a contractionary gap, it is the difference between the potential gross domestic product of a country at full employment and its current employment level which puts pressure on the price in the long run.

The recessionary gap is seen during economic downturn and usually associated with increase in unemployment.

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Tony works as a salesperson at Franklin Delights, a company that specializes in labor-saving kitchen appliances. When Tony gives

klasskru [66]

Answer: adaptive selling

Explanation: In simple words, adaptive selling refers to the ability under which an employee changes his or her behavior with the change in the status of the clients.

Under such style of selling, the salesman performing highly focus on the type of customer, the situation in which sales is made and the feedback received and tailors his or her approach to sales accordingly.

In the given case, Tony is stating different facts regarding the product for different customers. Hence we can conclude that he is doing adaptive selling.

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4 years ago

Since your first birthday, your grandparents have been depositing $ 1 comma 000 into a savings account on every one of your bir

nika2105 [10]

Answer:

The amount of money in my savings account will be closest to $29,213

Explanation:

A fix Payment for a specified period of time is called annuity. The Compounding of these payment on a specified rate is known as Future value of annuity. In this question $1,000 per year payment for 18 years at 6% interest rate is also an annuity.

We can calculate the amount of saving by calculating the future value of the given annuity.

Formula for Future value of annuity is as follow

Future value of annuity = FV = P x ( [ 1 + r ]^n - 1 ) / r

Where

P = Annual payment = $1,000

r = rate of return = 6%

n = number of years = 18 years

Placing Value in the formula

As on the 18th payment no compounding interest income is accrued yet because grandparent made it now.

Future value of annuity = FV = $1,000 + 1,000 x ( [ 1 + 6% ]^18-1 - 1 ) / 6%

Future value of annuity = FV = $1,000 + 1,000 x ( [ 1 + 0.06 ]^17 - 1 ) / 0.06

Future value of annuity = FV = $29,213

3 0

3 years ago

Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $4

Marrrta [24]

Answer:

Option (B) is correct.

Explanation:

Given that,

Selling price per unit = $48

Desired profit margin on sales = 12.5%

Flyer’s current full cost for the product = $44 per unit

Profit = Selling price × profit margin

= $48 × 12.5%

= $6

Target cost of unit = Selling price - Profit

= $48 - $6

= $42

8 0

3 years ago

Snap is edenyaang and insta nobagchasers

expeople1 [14]

Answer:

AMOS nanaa.asare

Explanation:

7 0

3 years ago

Read 2 more answers

According to the classification of enterprise resource planning (ERP) vendors, _____ vendors target medium-sized firms with annu

Zolol [24]

Answer:

Option C Tier 2

Explanation:

the reason is that the tier 2 vendors targets firms that are of medium sizes which means the revenue of such organization ranges between $20m to $1 billion. And this falls under the classification of Enterprise resource planning. According to a market research 200,000 US companies have met the condition for medium sized organization.

The above explanation provides reasons why option C is correct.

3 0

3 years ago