<h2>No. "Household production" does not contribute much to the GDP.</h2>
Explanation:
To arrive at the reason, first we need to understand the term "GDP" and "shortcoming"
Shortcoming means failure to meet certain expectations.
GDP: It is the snapshot of the economy which speaks about the production in certain period.
Since the household production does not come under market transaction and since GDP involves only market transaction, household production cannot be considered and thus it is not a serious reason for shortcoming of GDP.
I believe this is true.
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There are different kinds of distribution channels. The True statements about the Selection of Distribution Channels are:
- Product price has no effect on the length of a distribution channel.
- The geographic location of customers does not require different distribution channels
The channel of distribution are classified based on:
- The Nature of the Product
- The Nature of the market
- The Nature of Middlemen
- The nature and size of the manufacturing etc.
The channel of distribution is also known as marketing channel. They are simply known as different types of interdependent organizations that are engaged in the process of making a product or service available for use or consumption.
Learn more about Distribution channels from
brainly.com/question/25736500
Answer:
16.7%
Explanation:
100/6 = 16.666666667% = 1/6
6-5 = 1
1/6 of the price is taken away so 1/6 is the percent it dropped.
A publicly traded company are the only company's listed on the stock exchange.
