Answer:
The correct answer is option B.
Explanation:
This downward fluctuation in the economy of Georgiania is an example of a Recession. Recession can be defined as a downward movement in the economic activities which continues for a long period.
Recession causes a decline in aggregate demand and consumption. It reduces investment and production. This further causes widespread unemployment in the economy.
For instance in Georgiania, an embargo on tea caused a reduction in net exports. This caused a leftward shift in the aggregate demand curve. This caused consumption and income to decline. This will further cause a reduction in confidence.
As demand falls investment will decline as well causing unemployment. With the reduction in employment, income will also fall causing a further reduction in demand.
Expansionary monetary and fiscal policies are required to tackle the recession.
Economies of scale are said to exist when "inputs are increased by some percentage and output increases by greater percentage, causing unit costs to fall."
<h3>What is economic of scale?</h3>
The phenomenon known as economies of scale occurs when the scale or magnitude of the production produced by a firm increases while the average cost per unit of output decreases.
Example of economic of scale is-
Economies of scale emerge when a company reaps the rewards of its size. A corporation gains from a variety of efficiency as it grows. For instance, serving 1,000 people at a restaurant is much more affordable and effective than serving just one.
Types of Economies of Scale are-
- Internal Economies of Scale.
- External Economies of Scale.
- Purchasing
- Managerial.
- Technological.
To know more about economies of scale, here
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Answer:
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Explanation:
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Most of the Secured landfills are usually sealed with clay. Most
of the states, countries, and corporations dispose of their waste in other countries
because it is cheaper. Sharply increasing In the case of sanitary landfills,
the cost of disposing wastes is as technology provides safer alternatives.
Answer:
value of your total investment income 362.80
Explanation:
The computation of the value of your total investment income in two years is shown below
Value of Dividend after 2 years (200 × .20 × 1.07)42.80
Value of Liquidating Dividend (200 × 1.60) 320.00
value of your total investment income 362.80