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3 years ago

A breakdown of the four components of GDP shows that

Business

1 answer:

scoray [572]3 years ago

5 0

Answer:

The answer is: C. Consumption is by far the largest expenditure category, and that consumer spending on services far exceeds consumer spending on goods.

Explanation:

In the US Economy, consumption is by far the largest component of the GDP. Also, in the US economy, the most stable and largest component of consumption is services.

Consumption is calculated by adding all the new, finished, legal, durable and non-durable products and services expenditures.

During 2017, the GDP of the USA was $19.52 billion.
Approximately 68.4% of the GDP was Household Consumption.
Out of the total GDP, 80.2% were services.

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Mozbert is a company that manufactures and supplies wireless headsets. It started an online advertising campaign that explains t

kotykmax [81]

In the context of innovation streams,design competition is the concept that the given scenario best illustrates.

<h3><u>Explanation:</u></h3>

When similar products are sold by many different companies there lies a rivalry between the companies which is called as competition. The main aim of all the business is to gain profit and market share. The development of the marketing strategy is mainly based on the competition that exists in the market for a product. The competition that exists with the design of the products refers to the design competition.

Innovations play a major role in the Design Competition. In the given scenario, the company Mozbert advertises for its wireless headsets with the ease of its usage and the difference from the wired headsets. Beloway, another wired headset manufacturer defends himself by giving some offers and discount for retaining his customers. Thus this is explains the concept called design competition, as the competition lies between the wired and wireless headsets.

7 0

3 years ago

A perfectly inelastic demand implies that buyers would increase their purchases by 10%when the price falls by 10%. purchase the

vichka [17]

Answer:

purchase the same amount as before when the price rises by 10%.

Explanation:

A perfectly inelastic demand curve is basically a straight vertical line. This means that the consumers are willing to purchase the goods or services no matter what their price is. In other words, they will keep buying them at any price, up to infinity and beyond. This is not a real scenario, because no product will be purchased at any price that the seller wants.

6 0

3 years ago

During 2021, Jasmine, a self-employed individual, paid the following amounts: State income tax $2,400 State sales taxes 2,950 St

dsp73

Answer:

3350

Explanation:

Since state sales tax is larger than state income you will lose that and add your personal property tax of 400 to your deduction.

2950+400= 3350

8 0

3 years ago

Elliot and Conrad (a two-member LLC) operated a consulting firm (a "specified services" business). The business is equally owned

juin [17]

Answer:

Elliot's qualified business income deduction is $28,000.

Explanation:

total income

= share in specified service business income + wages of wife

= 280000*50% + $90000

= $230,000

taxable income before QBI = total income - standard deduction

= $230,000 - $24,000

= $206,000

QBI deduction is lesser of:

- 20% of qualified business income

= $140,000*20%

= $28,000

Therefore, Elliot's qualified business income deduction is $28,000.

8 0

3 years ago

Joe's leisure time sports is an unlevered firm with an aftertax net income of $78,400. the unlevered cost of capital is 11.4 per

Kazeer [188]

The unlevered cost of capital is 11.4 percent for this case. Therefore the value of this firm will be Vu = 78400 / 0.114 = 687719.2982 $. The correct answer is 687719.2982 $

3 0

4 years ago