Answer: barriers to entry
Explanation:
Barriers to entry are also known as economic barrier to entry. They are hindrances which makes entering a particular market difficult by new entrant.
Barrier to entry are fixed cost that must be incur by a new company irrespective of their sales or production level, this cost are incur by new entrant which those who have been in the industry before do not have to incur.
Few common barriers to entry includes technology, government regulation and policy, economies of scale, etc.
Answer:
The number of units that would appear in June's production budget are 297000 units.
Explanation:
The production in June will contain 80% units that relates to June's budgeted sales and 20% units that relate to July's budgeted sales. Thus, the number of units that are to be produced in June are:
June's Production = 0.8 * 295000 + 0.2 * 305000 = 297000 units
Thus, in June, 297000 units will be produced.
Answer:
The correct answer is D. will result in a multiple times higher decrease in equilibrium real GDP in the short run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable.
Explanation:
Ricardian Equivalence is an economic theory that suggests that when a government increases expenses financed with debt to try to stimulate demand, demand does not really undergo any change.
This is because increases in the public deficit will lead to higher taxes in the future. To keep their consumption pattern stable, taxpayers will reduce consumption and increase their savings in order to offset the cost of this future tax increase.
If taxpayers reduce their consumption and increase their savings by the same amount as the debt to be returned by the government, there is no effect on aggregate demand.
The fundamental concept of Ricardian equivalence is that it does not matter which method the government chooses to increase spending, whether by issuing public debt or through taxes (applying an expansive fiscal policy), the result will be the same and demand will remain unchanged.
c) <em>Project management Software is only useful with a knowledgeable operator.</em>
Explanation:
Project management software are assisting software that need a pre-educated person to understand how it works, thus is the operator already has knowledge in project management it will assist him/her in making decisions and tracking progress thus useful.
'Elizabeth Trump and Son', which was Donald Trump's Father's company.
