Answer: $360 billion
Explanation:
In a private closed economy, there will be two components missing which are Government spending and Net exports.
There will be no Government spending because the economy is private and there will be no net exports because the economy is closed.
GDP will therefore be:
= Consumption + Investment
If Investment is $12 billion then the equilibrium level of GDP will be the GDP which when Consumption is deducted, the investment amount of $12 billion will be the result.
That GDP level is $360 billion.
When the consumption amount of $348 billion is subtracted from the GDP, you get $12 billion for investment.
Answer:
Economies of Scale
Explanation:
If a firm expands its scale of production and finds that it is able to negotiate better prices with its suppliers then the curve that best applies to the firm is 'economies of scale'
Economies of scale is a concept in microeconomics that holds that there are benefits of cost reduction that is due to an enterprise when it increases its scale of operation.
The benefit is better demonstrated in the average cost per unit because as more and more units are produced, lesser and lesser portion of the fixed costs of the overhead fixed costs become attributable to each unit and even the variable cost falls because material price becomes cheaper as a result of quantity discounts, even labour could double their output with overtime payment which is less than doubling wages.
Answer:
Universal Containers (UC)
Two approaches to solve the shipment records issue are:
a. Set Validation Rules. For example, a validation rule will specify that the postal address fields contain the required address data.
b. Use Validation Texts. For example, a validation text for the postal code will indicate that the wrong postal code has been used for a specific address and will ask for immediate correction before the shipment records are sent to the shipping department.
Explanation:
A Validation Rule is a field property in the Expression Builder. It is used to specify and define conditions that limit values that can be entered in a particular field. Validation rules are usually reinforced with the use of Validation Texts, which are messages that are displayed when the data entered in the data fields do not conform to the validation rule or when the validation rule is violated.
Because nowadays companies struggle to keep sales steady and businesses going so they turn towards social media for help and advice while also selling their products in exchange
