Answer:
As a consumer I can influence the economy in different ways. When buying certain product or service, I am signaling that I like that certain product so producer will produce more of that product. In addition, it can help producers to make same but better product, when they see that consumers on the market like it. It also sends the signal to other producers that their product is not as good as competitors. Reason for that can be quality or price, so they will try to change something to stay competitive on the market. In addition to this, the consumer can join private organizations, interest groups, and lobby, influence public officials to vote according to the wishes of that group. In other words, with interest groups, consumers can push their agenda.
The issue above, where expense of maintaining a building location in a downtown area serves as challenge that was faced by Uniqlo can be attributed to Capital requirements.
<h3>What is Capital requirements?</h3>
Capital requirements can be regarded as the regulatory standards for banks, and this put them on check about how much liquid capital they must keep on hand.
Capital requirements is been used as a tool to tighten an economic after recession.
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Based on the percentage change in price and the percentage change in the quantity demanded for newspapers, demand is elastic.
<h3>What is the price elasticity of demand?</h3>
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Price elasticity of demand = 8/4 = 2
<h3>What is elastic demand?</h3>
Demand is elastic when the coefficient is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
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Answer: The first ratio, which is the current ratio have them sitting at 5.5 when the average for 2016-2017 was 1.7
Explanation:
From doing three ratios, ABC are doing well above average when it comes to the ratios carried out. The first ratio, which is the current ratio have them sitting at 5.5 when the average for 2016-2017 was 1.7 this doesn't mean they are worth meeting up with their target yet but it would require more loans and them building on what they currently have. This ratio informs them on their stand on taking more loans or not.
With an average of 2.0 in the 2016-2017 year, they are at a 1.2. The lower this ratio is the more debt they can put themselves in and not have to worry about if they could pay it off or not
Closing mines has economic impacts on communities. It cuts off all the many advantages that are attached to mineral resources and have negative impacts on the government returns for that community. Thus, the answer is false.