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2 years ago

What is the number one retirement related problem in developed countries?

Business

1 answer:

const2013 [10]2 years ago

5 0

Answer:

The number one retirement related problem in developed countries is:

healthcare costs

Explanation:

With retirement, the healthcare costs increase because most of the retirees who are no longer in the physical mood to exercise will need to be taken care of their health. Retirees tend to have increased level of health-related complications. Even for those who are physically able, there is still increased need for healthcare. And other retirees will develop eye treatment complications. All these increase the healthcare costs. So, the most important retirement related issue is healthcare costs and not elder abuse, dependent children, or housing.

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What is positioning? A. A part of a company-driven marketing strategy B. Dividing a market into smaller groups of buyers C. De

sergey [27]

Answer:

D. Arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers

Explanation:

Positioning simply consists in establishing a specific market position for the product or service relative to the products or services that the competition offers.

For example, Wal-Mart has found that its most effective positioning strategy is to occupy the market place of the cheapest retail store. Wal-Mart does not try to appeal to everyone, it tries to offer the cheapest products in the market (which in itself has a very wide appeal, but the appeal is not universal anyway).

6 0

3 years ago

Read 2 more answers

How does globalization affect your life?

lina2011 [118]

Globalization affects all lives across the world with the world being completely connected by it. All of the points given here are valid.

Explanation:

Due to a globalized economy we are able to -

-Buy clothes and items from across the world and get them shipped to us. We also are able to buy things made in different parts of the world.

- The communication between the whole world is now clicks away from each other

- The websites we use are created in other countries sometimes.

-The businesses in one's own country are often foreign businesses.

All of these are things that are happening due to globalization as the world has become completely interconnected and interdependent.

4 0

3 years ago

According to the FTC, how does the ECOA empower individuals?

icang [17]

<span>Credit cannot be denied based on unrelated factors.</span>

5 0

3 years ago

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If unaccompanied on board, what must a person 12 to 15 years of age have in order to legally operate a boat with more than 6 hp

Anettt [7]

The correct answer is "to obtain a Boater I.D.".

Some states in the United States do not require any boater I.D in order to drive a boat, yet some states in the US requires it citizens to apply for a Boater I.D. and go through a safety course in order for them to be approved and allowed to driver their watercraft, it is commonly due to safety regulations.

7 0

3 years ago

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When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quanti

katen-ka-za [31]

Answer:

total revenue for 500 is $2500

total revenue for 400 is $2800

Explanation:

given data

price of good A = $50

quantity demanded of good A = 500 units

price of good A rises = $70

quantity demanded of good A falls = 400 units

solution

we get here Elasticity of demand that is express as

Elasticity of demand = (change in quantity ÷ average quantity) ÷ (change in price ÷ average price) .......................1

here

Change in quantity is = 400 - 500 = -100

and average quantity is = $\frac{400+500}{2}$ = 450

and change in price is = 70 - 50 = 20

average price is = $\frac{70+50}{2}$ = 60

so now we put all value in equation 1

Elasticity of demand = $\frac{\frac{-100}{450} }{\frac{20}{60} }$

Elasticity of demand = -0.67

as here the elasticity of demand is inelastic because elasticity is above -1

so about total revenue when price will increases as elasticity is inelastic

so increase in price will cause increase in revenue because revenue is maximum when elasticity = -1

and increase in price will cause increases elasticity in the absolute term and revenue will increase

total revenue = price × quantity

total revenue for 500 = 500 × 5 = $2500

total revenue for 400 = 400 × 7 = $2800

5 0

3 years ago