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ANTONII [103]
3 years ago
13

Potential GDP :________A. Is the level of real GDP attained when all firms are producing at capacity. B. Falls below actual real

GDP in recessions. C. Is the maximum output firms are capable of producing. D. Is the value of final goods and services evaluated at​ base-year prices.
Business
2 answers:
balandron [24]3 years ago
7 0

Answer:

c

Explanation:

ivanzaharov [21]3 years ago
6 0

Answer:

Potential GDP is:

C. Is the maximum output firms are capable of producing.  

Explanation:

Potential gross domestic product (GDP) is defined in the OECD's Economic Outlook publication as the level of output that an economy can produce at a constant inflation rate. Potential output occurs when an economy produces what it can using all of its resources. These resources include technology, equipment, natural resources, and employees. Potential output can also be looked at in terms of supply and demand.

Although an economy can temporarily produce more than its potential level of output, that comes at the cost of rising inflation.

The changes in potential GDP are caused by the increase in quantity of physical or human capital So the larger quantity of physical capital and human capital, the greater is potential GDP.

The difference between actual and potential GDP is that potential GDP is the level of production of goods and services that the economy is capable of if its workforce is fully employed and its capital stock is fully utilized. Actual GDP is the actual output of goods and services. Real potential GDP is the CBO's estimate of the output the economy would produce with a high rate of use of its capital and labor resources. The data is adjusted to remove the effects of inflation.

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Anarel [89]

Answer: product differentiation

Explanation:

From the question, we are informed that Intel achieved success by using the "Intel Inside" advertising campaign and logo that appears on many brands of PCs.

This is an example of a barrier to entry which is known as product differentiation. Poduct differentiation is when a company makes its product different from other similar products so that the product will be more attractive and unique from others.

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3 years ago
Select a business/company that you feel does not understand the psychology of waiting and provide examples in their process wher
kramer

Answer:

Let us pick the case of the organization known as Starbucks. Presently we will give 3 models according to which we feel that it doesn't comprehend the brain science of holding up in their procedure where they could deal with the client's view of standing by better utilizing the guideline from the Norman and Maister's articles. While holding up at a Starbucks behind a tremendous line, we can have numerous cases :  

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Vladimir79 [104]
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Lock the card, and contact the bank.
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Solnce55 [7]
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