An increase in inflation and a decrease in unemployment.
<span>Represents all the combinations of goods and services that a consumer may purchase given current prices within his or her given income.
the formula is y=Pb B + Pw W
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Answer:
$1,522
Explanation:
For computing the future value, first we have to determine the simple interest which is shown below:
= Principal × rate of interest × time period
= $1,000 × 5.8% × 9 years
= $522
Now the future value would be
= Principal amount + Simple interest
= $1,000 + $522
= $1,522
First, we simply applied the simple interest formula then we compute the future value by adding the principal amount and the simple interest
Control of a key resource is the barrier to entry of the startup of a major league sports team because existing professional teams have contracts with the best players and long-term leases on stadiums.
<h3>What is the barrier of control over key resources?</h3>
A monopoly is a market in which there is only one seller or a few sellers and no close substitutes for the seller's product or service. The term "monopoly" is technically applied to the market as a whole, but it is now widely applied to the sole vendor in a market as well.
The market may become a monopoly when one team has major control over a resource required for the startup of a team.
Thus, Control of a key resource is the to entry.
For further details about the control of a key resources, click her:
brainly.com/question/24180690
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