Answer: According to Ian Redpath and Greg Urban, the threshold amount required for conclusively stating whether a substantial basis adjustment is mandatory is $250,000. The amount required is $250,000 in order for one to know whether they are in need for a substantial basis reduction or maybe not. It's required when the amount indeed exceeds $250,000.
When milk has an absolute advantage in the production of two goods over Tommy, Milk IS MORE PRODUCTIVE IN PRODUCING BOTH GOODS THAN TOMMY.
A country or an individual is said to have absolute advantage in producing a good if the person can produce the good more efficiently economic wise.
Assume that a change in government policy results in greater production of both consumer goods and investment goods. We can conclude that the economy was not employing all of its resources before the policy change.
Explanation:
Policies by government will affect economic growth
Government policies have a major role to play in encouraging (or deterring) economic growth. Economic policies that lead to economic growth include:
Investing in infrastructure:
Infrastructure, such as highways or bridges, is tangible capital available to all. Governments are increasing their capital stock in the country by investing in infrastructure.
Productivity and labor participation strategies :
Promoting a higher rate of labor participation, for example labor participation tax incentives, will lead to even more economic growth.
Policies promoting accumulation of capital and technological advancement:
Savings-enhancing strategies that lead to higher growth and thus capital investments. Strategies that encourage technological innovation, such as research and development tax credits, often lead to increased economic growth.
Answer: small, interdependent; identical or differentiated
Explanation:
This is from Economics 202.
The best strategy would be to cancel the job cuts till the time the market situation and the entry operations stabilize.
Answer: Option E
<u>Explanation:</u>
The decision of outsourcing the operations taken by the businesses is done to ease out the work and give it outside the company because they themselves can not work upon it. But if this leads to criticisms, then it should be stopped.
The best strategy that the computer company should have is to cancel the job cuts to get the positive reactions back. The company should not go to labor of other areas cutting jobs of its own labor because this will harm it's image in the market and affect the productivity.