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lord [1]
4 years ago
14

Explain the tradeoffs that people may face when choosing a house or an apartment

Business
1 answer:
ra1l [238]4 years ago
8 0

Answer:

The answer is stated below:

Explanation:

The trade off which is faced by people when choosing the house or an apartment are:

Consumer or the people faced with the several options like an apartment or the house, when deciding what to purchase.

Resources - Resources means the financial condition of the person, if the resources are unlimited, then person will consider to buy a house and if the person have the resources limited, then they should consider buying an apartment.

Family preference - The person family preference need to be considered as if the family wants or like to live in house then the person should consider this and if want an apartment, then the person should consider that.

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Potential real gdp = $200 billion natural rate of unemployment = 6 percent actual rate of unemployment = 12 percent refer to the
VikaD [51]

Answer:

12%

Explanation:

Given that,

Potential real GDP = $200 billion

Natural rate of unemployment = 6 percent

Actual rate of unemployment = 12 percent

Okun's law refers to the law which states the relationship between the losses in the production of a particular nation and the unemployment.

It also indicates that for every 1 percent, the actual rate of unemployment exceeds the natural rate of unemployment, then as a result there is a GDP gap of 2% is generated.

Cyclical unemployment:

= Actual rate of unemployment - Natural rate of unemployment

= 12% - 6%

= 6%

Negative GDP gap:

= 6% × 2

= 12%

Therefore, the of the negative GDP gap as a percentage of potential GDP for the economy is 12%.

5 0
4 years ago
Chrystal Company incurred the following costs for the months of January and February: Type of Cost January February Insurance $
Rudiy27

Answer:

$0.6 per unit

Explanation:

The computation of the variable rate per unit of output is shown below:

But before that first we have to determine the variable cost which is

= Total utilities cost - fixed cost

= $2,600 - $2,000

= $600

And the number of units produced is 1,000 units

So, the  variable rate per unit of output for utilities cost is

= $600 ÷ 1,000 units

= $0.6 per unit

3 0
3 years ago
salesforce.com is a customer relationship management company that integrates every part of a company that interacts with custome
AnnyKZ [126]

salesforce.com is a customer relationship management company that integrates every part of a company that interacts with customers—including marketing, sales, and service—onto one crm platform, salesforce customer 360.

  This product gives teams a shared view of every customer. salesforce.com shows that CRM aims at all of the following except Getting data base from competitors.

<h3>What is Customer Relationship Management?</h3>

   Customer relationship management (CRM) is a technological tool for managing all your company's relationships and interactions with customers and potential customers.

   The major aim of CRM is to Improve business relationships. A CRM system helps companies provide this service by staying connected to their customers and ensuring easy access of information to boost profitability.

Learn more about Customer Relationship Management at brainly.com/question/21299183

#SPJ1

4 0
2 years ago
Which of the following is true of packaging and labeling?a) An advantage of packaging is the low cost required for the process.b
julsineya [31]

Answer: Option B

Explanation: Packaging is the process of protecting the product so that its distribution and sales could be done easily and effectively. Apart from protection, the packaging of a product enhances its value and give it distinct feature over other product.

Labeling refers to the process of describing something using a word, phrase or sometimes even a picture.

Both packaging and labeling gives an identity to the product. It gives the idea to the customer of the company making such product, this further results in brand loyalty from the customers, thus, a stronger customer base.

From the above we can conclude that the correct option is B.

 

4 0
3 years ago
The single milling machine at Stout Manufacturing was severely overloaded last year. The plant operates eight hours per day, fiv
NNADVOKAT [17]

Answer:

If we assumes we setup machine for product A x times, and B y times, the total hours required is 0.5*3000 + 0.8*2000+ 2*x + 8 *y = 3100+2x+8y. Notice that due to the capacity restriction x has to be no smaller than 150 hours (3000/20) and y has to be no smaller than 50 hours (2000/40). so total required hours must exceed 3100+2*150+8*50=3800. The management prefer a 15% capacity cushion, which means the total duration prepared for the processing should be at least 3800*(1+15%)=4370 hours.

If one machine operates eight hours per day, five days per week and 50 weeks a year, it operates 5*8*50 = 2000 hours in total.

That's why we need 2 more machines ( 3 machines in total since 4370 > 2*2000).

5 0
3 years ago
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