Answer:
Option (C) is correct.
Explanation:
Lorenz curve is a graphical representation of percentage of total national income on the y-axis and percentage of total population. This curve shows us the degree of inequality of income distribution. It is one of the crucial measure of poverty.
In a inequality income distribution graph, there is a straight diagonal line at 45 degree angle and the Lorenz curve. The larger the difference between these two curves, the larger will be the inequality in the income distribution.
Answer: they were the most developed countries postwar and home to the largest and best capitalized enterprises
Explanation:
The options to the question are:
A. they were the most developed countries postwar and home to the largest and best capitalized enterprises.
B. they pursued a policy of blocking or restricting FDI inflow into their own economies.
C. they provided subsidies for their domestic firms to protect them from foreign competition.
D. they control much of the operating structure of the WTO which governs international trade.
E. they were the governing body of the International Monetary Fund.
The main reason for the dominance of countries such as the United States, France, the United Kingdom, Japan, Germany, and the Netherlands, in the share of total global stock of FDI and FDI outflows and in the rankings involving world's largest multinationals is because after the world war, they were the most developed.
Another reason is because they are the home to the largest and best capitalized enterprises. These countries mentioned in the question have the best technologies and are always innovative coming out with better ideas and technologies, hence their dominance in the world market.
Answer:
Firms are assumed to have similar product offerings in their marketing space with little differentiation. These products are mobile across different companies. For the company to have a competitive edge it must find the most attractive industry where there is high potential for success.
Companies must come up with innovative ways to make their resources profitable within the industry.
Explanation:
Answer:
b. In the process of market segmentation,deciding the segmentation strategy precedes determining the consumer's needs and wants.
Explanation:
In the above stated statement, it is the truth about market segmentation due to the fact that, customers needs and wants differs. <em>In other to ensure that those are met through segmentation of goods and services, there is need for the segmentation strategy to be adopted by the market. Without this segmentation strategy, their be conflicts between the needs and wants of the customers which would lead to not meeting their expectation.</em>
The nominal value takes into account the number that is actually announced at a time, while the <u>real value </u>refers to the statistic after it has been adjusted for inflation.
<h3>What do you mean by real value in economics?</h3>
A real value of an item, additionally referred to as its relative price, is its nominal price adjusted for inflation and measures that price in phrases of every other item.
Real values are extra vital than nominal values for monetary measures, along with the gross domestic product (GDP) and private incomes.
Thus, <u>Real value </u>refers to the statistic after it has been adjusted for inflation.
Learn more about Real Value in economics here:
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