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scoray [572]
3 years ago
11

Recently, it was observed that people have started saving more rather than spending. This has impacted the demand for luxury goo

ds and services. The decline in the demand led to unemployment in the related sectors. What can be a primary solution to reduce the unemployment levels in the country?
Business
2 answers:
notka56 [123]3 years ago
8 0
I think the primary solution is to reduce prices in stores that consumers will buy more.
Nataliya [291]3 years ago
5 0

Reduce interest rates.

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To determine if a product should be considered ___, it can be compared with existing products or its level of required consumer
jarptica [38.1K]

Answer:

new

Explanation:

If the product is truly new, it is bought by novelty fans, snobs; This phase would be equivalent to that of the early childhood of the human being.

The product at this time is new and unknown, so it is necessary to spend some time in publicizing the product and gaining market acceptance. Sales start and grow very slowly. The benefits are non-existent in almost all this phase. The time when they start to occur usually coincides with the end of this stage.

That is why it is said that in addition to the FTC having a legal definition of the same, it is defined by the experienced consumer.

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3 years ago
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The right answer for the question that is being asked and shown above is that: "This is dissociation." <span>Clu, Dolf, and Elton do business as Fertile Valley Farm. Clu s relationship to the firm ends, but it continues to do business</span>
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3 years ago
A tradable permit system: Group of answer choices
Alex787 [66]

Answer:

C.

Explanation:

Achieves a given amount of pollution reduction at the least cost  because firms with lowest marginal abatement costs do most of the reduction.

6 0
3 years ago
Point A on the PPC represents what
Igoryamba

Answer: The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the PPC are inefficient, points on the PPC are efficient, and points beyond the PPC are unattainable.

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3 years ago
DaimlerChrysler decided not to build a $750 million plant in southeast Georgia in spite of the state spending $24 million to pur
VLD [36.1K]

Answer:

Local incentive

Explanation:

Local incentives can be described as economic development incentives like cash and near cash assistance that are provided by the government of a country or state in order to retain current businesses and also to attract new businesses.

These incentives are usually in for of tax breaks, training of workers, infrastructural development, etc.

In the question, Georgia state spending of $24 million to purchase the property and an additional $36 million to prepare the site specifically for DaimlerChrysler are examples of local incentive offered to DaimlerChrysler.

Therefore, the correct answer to fill in the gap is local incentive, we have:

The <u>Local incentive</u> offered was not enough to convince DaimlerChrysler that the Georgia site was a good location for its factory.

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3 years ago
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