During a business cycle expansion, total production increases and total employment increases.
<h3>
What does "business cycle" mean?</h3>
- Business cycles are a sort of variation that may be observed in the overall economic activity of a country.
- A business cycle is made up of expansions that occur roughly at the same time in many different economic activities, followed by contractions that are similarly widespread (recessions).
- This series of modifications is periodic but not recurring. Economic activity goes through periods of boom and then contraction during business cycles.
- Both the general welfare of society and the welfare of private entities are affected by these developments.
To learn more about business cycles, refer to the following link:
brainly.com/question/26086110
#SPJ4
Answer:
The fact that there are only two goods produced in this theoretical economy is a simplifying assumption that still allows economists to demonstrate key economic concepts.
Explanation:
PPF model the production possibility frontier states that two types of goods can be produced, at any given time of production, and for certain resources provided.
This clearly states the thought and simplifies the understanding of economy, based on two products to be produced from same restricted resources.
Though, the results of this curve are applicable to real world goods, where the nature and number of goods both are complex.
Therefore, the correct statement is:
As stated in answer.
D.It makes key decisoons about the U.S blah blah blah blah blah
Answer:
Hi
The logistics system of any company usually has the options of an external offer framework, specifying the use of the service of specification of agents of the environment through alliances and subcontracting, always looking for better levels of specialization that return in the achievement of the cables. In this sense, the logistics system tries to balance a permanent coordination scheme with all operating elements.
For the strategy and operation of logistics, it is necessary to build a strategic plan aligned with the strategic business plan, where it is necessary to detail the mission, vision, strategic objectives and program of actions to guide logistics management at all levels, planning inventories, supply, product receipts, mobility, third-party services, distribution and customer service. Given this, the bias associated with the traditional management of incidents or claims to be part of a proactive approach that plays a key role in improving the competitiveness of the company is avoided.
Explanation:
Answer:
Continuous manufacturing
Explanation:
Based on the scenario being described within the question it can be said that Easy Electronics is a Continuous manufacturing organization. This refers to a production process in which products are manufactured through an uninterrupted process of adding materials. Most production lines like this operate 24 hours a day 7 days a week.
