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kogti [31]
3 years ago
12

Classify the following topics as relating to microeconomics or macroeconomics. Topic: Microeconomics or Macroeconomics

Business
1 answer:
goldenfox [79]3 years ago
8 0

Answer: MICROECONOMICS

1.The effect of a change in price of one good on a related good.

MACROECONOMICS

2. The relationship between the inflation rate and the unemployment rate.

3.The effect of government subsidies on the agricultural industry.

Explanation: Microeconomics is a term of the to describe the impact of certain conditions on a single product or service,it doesn't consist of the whole economy or country.

Macroeconomics is a term used to describe the impact of certain conditions on the whole economy or country. Inflation rate, unemployment rate, effects of subsidy in Agriculture etc are all Macroeconomics statistics give better understanding of the economic performance.

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Your business plans to market its all-natural ingredient dog food to a foreign country. The shelf life of the product is a short
lesantik [10]

Answer: A. STORAGE FACILITIES

Explanation: STORAGE FACILITIES are structures or systems put in place to Prevent the quick spoilage of a given product. Storage facilities are required for products that can easily deteriorate. With proper storage facilities or System the shelf life of the product can be Extended.

Businesses planning to market Al NATURAL PRODUCTS MUST INVEST IN STORAGE FACILITIES AS NATURAL PRODUCTS DETERIORATE EASILY IF NOT STORED PROPERLY. The storage facility can be in the form of COLD ROOMS for frozen Products or COOL DRY ENVIRONMENT for most processed foods etc.

3 0
3 years ago
West Virginia has one of the highest divorce rates in the nation, with an annual rate of approximately 5 divorces per 1000 peopl
liubo4ka [24]

Answer:

Kindly check explanation

Explanation:

Given the data:

x___ f(x)

10__ 0.05

20__0.10

30__0.10

40__0.20

50__0.35

60__0.20

a. Is this probability distribution valid?

Yes

Σf(x) = (0.05 + 0.10 + 0.10 + 0.20 + 0.35 + 0.20) = 1

0≤f(x)≤1

b. What is the probability MCC will obtain more than 30 new clients

X = 40 + x = 50 + x = 60

0.20 + 0.35 + 0.20 = 0.75

c. What is the probability MCC will obtain fewer than 20 new clients

x = 10

f(x) = f(10) = 0.05

d)Compute the expected value and variance of x.

Expected value (E(x)) :

Σ(x * f(x))

= (10*0.05) + (20*0.1) + (30*0.1) + (40*0.2) + (50*0.35) + (60*0.2)

= 43

Σ(x * E(x))² * f(x)

= (10 - 43)^2 * 0.05 + (20 - 43)^2 * 0.1 + (30 - 43)^2 * 0.1 + (40 - 43)^2 * 0.2+ (50 - 43)^2 * 0.35 + (60 - 43)^2 * 0.2

= 201

3 0
4 years ago
Cremics, a multinational drug manufacturing company, used a saffron trident in a promotional campaign for one of its drugs in In
frosja888 [35]

Answer:

Encoding

Explanation:

Encoding of a message can be defined as the production of the message because It is a system of coded meanings, and in order to create that, <u>the sender of the message needs to understand how the message is comprehensible or will be decoded to the members of the audience. </u>

Cremics obviously did not understand how saffron trident will be understood by the indians which led to the problem of miscommunication.

6 0
4 years ago
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Which of these factors are considered an advantage of a stock repurchase?
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<span>Stockholders who sell their stock back to the company might claim that they were not made fully aware of all implications of the repurchase. The price of the firm's stock might benefit ore from ash dividends than from a repurchase.</span>
4 0
4 years ago
A competitive market is one in which there a. are so many buyers and so many sellers that each has a negligible impact on the pr
Tomtit [17]

Answer:

A) are so many buyers and so many sellers that each has a negligible impact on the price of the product.

Explanation:

A competitive market or a perfect competition market is characterized by having many suppliers and many consumers, and the products and services offered are similar and substitute to each other. This results in every seller and every consumer being a price taker, since no seller or consumer is large enough to influence the equilibrium price.

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4 years ago
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