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Annette [7]
3 years ago
11

Compare and contrast microeconomics and macroeconomics. How do the two approaches interrelate? Use a specific example to explain

your rationale.
Business
1 answer:
Doss [256]3 years ago
7 0

Answer: Macroeconomics is wider concept than microeconomics.

Explanation: Macroeconomics is the study of an economy as whole. It is focused on factors like national productivity etc. Whereas, microeconomics is the study of individuals and firms in an economy.

For example - Macroeconomics studies the reasons behind changing interest rates in a country while microeconomics studies its impact on the individuals and firms in the economy.

Thus, both the branches are inter- related as both studies the same subject but the factors they analyze are different.

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Both external and internal customers help in the profitability and growth of an organization in a direct or indirect manner.

An external customer is someone who decides to spend money with a company because they enjoy the product or service. A business would not be in business without the support of the customer. These people are the reasons the business is successful and profitable. An internal customer is anyone within the organization that uses the good or service.

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Hallmark has a line of cards that is made of recyclable materials and has flower seeds pressed into the paper so once a person h
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3 years ago
Estimated Income Statements, using Absorption and Variable Costing Prior to the first month of operations ending October 31, Mar
igomit [66]

Answer:

Estimated Income Statements, using Absorption and Variable Costing Prior to the first month of operations ending October 31, Marshall Inc. estimated the following operating results:

Sales (21,600 x $75) $1,620,000

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Direct materials 984,960

Direct labor 233,280

Variable factory overhead 108,000

Fixed factory overhead 129,600

Fixed selling and administrative expenses 35,300

Variable selling and administrative expenses 42,600 .

Explanation:

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3 years ago
Do you believe that his message on that aspect of life is sound, biblically speaking? Explain. Your answer should reflect carefu
lesya692 [45]

Answer:

Shakespeare's message on that aspect of life is sound biblically speaking.

Explanation:

Because the way he mad Hamlet become over the story gives you a perspective on how events and change can form a person, and make them become something that they never were before.

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2 years ago
In the BCG Matrix, cash cows are: _____________
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The Cash cows under the BCG Matrix are businesses, assets, and or products that have a consistent cash flow, high market share and low market growth.

<h3>What is the BCG Matrix?</h3>

The BCG Matrix is a strategic analysis tool that was developed by Boston Consulting Group which highlights and compares various kinds of business and or products.

Other sections of the matrix are:

  • Stars (Upper Left Corner)
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The correct answer, thus, is A: Slow Industry Growth but Strong Market Share Position, which as explained can be due to high cashflows.

See the link below for more about BCG Matrix:
brainly.com/question/24515909

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3 years ago
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