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Vinil7 [7]
3 years ago
10

The existence of the underground economy causes gross domestic product (gdp) statistics to _____

Business
1 answer:
blsea [12.9K]3 years ago
6 0

The existence of the underground economy causes gross domestic product (gdp) statistics to understate the true volume of economic activity.  An underground economy unrecorded and untaxed economic activity by the government. An underground economic is also known as the black market. Gross domestic product also know as GDP is the total value of goods and services provided in a country during one year.

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James lives near a university and observes that almost every student uses a cell phone. He decides to open a small shop offering
Dafna1 [17]

Answer: The correct answer is "an opportunity niche".

Explanation: James lives near a university and observes that almost every student uses a cell phone. He decides to open a small shop offering repair services for cell phones. His shop is an instant success. James has satisfied an area of need called <u>an opportunity niche.</u>

The concept of a niche of opportunity refers to the existence of a group of people or companies that have certain needs, and who have the will to meet them and economic capacity to acquire the services or goods necessary for this,<u> in this case James les He offered the good or service to meet this need.</u>

3 0
4 years ago
I need help with this question if someone could please help me.
marusya05 [52]
B is the correct answer.
7 0
3 years ago
Trisha makes purses out of old blue jeans and sells them to customers at local craft fairs. what type of marketing channel does
Anettt [7]

Answer:

Direct.

Explanation:

No intermediaries are used to provide goods and services to customers . Typically seller is the manufacturer or an individual.

5 0
3 years ago
A cbs news/new york times poll found that 329 out of 763 randomly selected adults said they would travel to outer space in their
iren [92.7K]

Answer:

0.339 < p < 0.461

Explanation:

Given data:

confidence interval is 92%

Randomly selected adults = 329

Total number of adults is 763

\alpha = 1 - 0.92 = 0.08

\frac{\alpha}{2} = \frac{0.08}{2} = 0.04

for alpha = 0.04

z value is = 1.75

p = \frac{329}{763} = 0.43

= p \pm z \times \sqrt{\frac{p \times (1-p)}{N}

= 0.43 \pm 1.75 \tiimes \sqrt{\frac{0.43  \times0.57)}{763}

=0.43 \pm 0.031

0.339 < p < 0.461

4 0
3 years ago
Zappos is an extensive user of erp systems to enable its business processes and to coordinate activities among its many offices,
deff fn [24]

Answer:

ERP integrates different business functions, keeps track of customer information and could enhance future innovation process in an organization

Explanation:

ERP are a integrated software solutions designed for managing of company's resources and integration of all business functions, like planning, sales and distribution, finance and human resources. Transactional benefits include: tracking customer payments, information and data. Innovational advantages are: streamlining operations-it can be used for streamlining of processes through different departments; consolidating multiple data sources; providing information in real time and supporting future innovations

3 0
3 years ago
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