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Lerok [7]
3 years ago
10

A simple economy produces two goods, Corn BreadCorn Bread and SoftwareSoftware.

Business
1 answer:
Verdich [7]3 years ago
6 0

Answer:

Consider the calculations below

Explanation:

(1) Nominal GDP, year 2 ($) = Sum of (Year 2 price x Year 2 quantity)

= 125 x 1.5 + 825 x 90

= 187.5 + 74,250

= 74,437.50

(2) Real GDP, year 2 ($) = Sum of (Year 1 price x Year 2 quantity)

= 1 x 125 + 45 x 825

= 125 + 37,125

= 37,250.00

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Answer:

The correct answer is No, because due to intense producer-producer rivalry.

Explanation:

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With this, it seeks that the economic agents strive to improve the use of resources to produce goods and services, and to improve and innovate in the quality and variety of these, with the purpose that results in improvements in competitiveness and more benefit for the consumer , all this to achieve greater economic growth and social welfare.

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Pricing objectives refer to :A. reconciling the prices charged by an organization to the values set forth in its business missio
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Answer:

Specifying the role of price in an organization's marketing and strategic plans.

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6 0
3 years ago
HELP ASAP PLZ!!!! Who would be most negatively affected if lower price limits were not in place? Explain your answer
trasher [3.6K]
The minimum wage payed employees would be the most negatively affected because if lower price limits weren’t there, the prices would drop drastically to win the customer’s purchase over other markets or businesses. The big bosses would be then forced to cut money out of their employees salary because of the low revenue in money.



I think that’s a great answer someone correct me if I’m wrong!
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well to be honest man i dont know

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Afina-wow [57]

Answer:

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Explanation:

6 0
2 years ago
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