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Elena L [17]
3 years ago
8

Assume real per capita GDP in West Springfield is $8,000 while in East Quippanova it is $2,000. The annual growth rate in West S

pringfield is 2.33%, while in East Quippanova it is 7%. How many years will it take for East Quippanova to catch up to the real per capita GDP of West Springfield

Business
1 answer:
Ivahew [28]3 years ago
6 0

Answer:

About 30years

Explanation:

See attached file

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When Brian explains to his supervisor that advertising communication may not lead to immediate behavioral response or purchase,
Andrej [43]

Answer: hierarchy of effects

Explanation:

The Hierarchy of Effects model which was created by Robert J Lavidge and Gary A Steiner in 1961 posits that advertisers should design adverts in such a way that the intended individuals go through 6 stages being;

a) Awareness - customer should be aware of the brand

b) Knowledge - ensure that positive knowledge about the brand is widespread

c) Liking - Prop up the emotional benefits of the brand to make people like it

d) Preference - Ensure that the points that make your brand different from other similar brands are well communicated so that the individual builds a preference

e) Conviction - the doubt in the individuals' mind must be removed here.

f) Purchase - most crucial stage. Here the product needs to be sold in a hassle free way to the consumer.

5 0
4 years ago
Fabtabtix, a designer clothing brand, has been selling clothes in the country of Grolania for over 30 years. With more number of
user100 [1]

Answer:

The correct answer is (b)

Explanation:

Socioeconomic cultural is one of the important factors that can help a business to grow and expand. Changes in socioeconomic environment can positively and negatively affects the sales. In this case of Fabtabix, the socioeconomic change has positively affected their business that is why it is growing over the past few years. Fashion conscious is a sociocultural component.

6 0
3 years ago
What is the primary product focus for the lego company? select one: a. custom sculpture b. recycled plastic c. electronic device
Goryan [66]

<u>Children's construction sets</u><u> is the primary product focus for the </u><u>lego </u><u>company.</u>

<u />

What is the strategy of LEGO?

  • The LEGO Group's mission is to inspire and develop the builders of tomorrow through the power of play.
  • The LEGO System in Play, with its foundation in LEGO bricks, allows children and fans to build and rebuild anything they can imagine.

Does LEGO use differentiation strategy?

  • The LEGO group is using the differentiation strategy as the company states, "we want to be the best, not the biggest."
  • In addition to that, the company is focusing on new product development along with innovation as well.

Why is LEGO so successful?

  • Instead of offering kids ready-made toys, LEGO gives them the opportunity to build their toys — a much more challenging activity which kept kids engaged for hours.
  • The LEGO System of Play becomes very successful and the company starts selling it to other countries.

Learn more about LEGO

brainly.com/question/16601881

#SPJ4

3 0
2 years ago
E) True, false, uncertain, or not enough information?
Evgesh-ka [11]
False, If wage goes up so will everything else
4 0
3 years ago
Which of the following is NOT included in the calculation of GDP?
viktelen [127]

Answer:

The correct answer is option C.your granny's monthly social security payment

Explanation:

Judging from the formula used in  computing the GDP,option A relates to household consumption as the new textbook is not for resale.

Option B also points to household consumption expenditure,as the cup of coffee is for household usage.

Option C does not have a place in the formula as it is not a payment for a good or service.It is a  payment that cannot be tied to any transaction.Hence,option C is your best bet.

Paying wages means parting with money in return for value-adding services,so it features in the GDP computation.

7 0
3 years ago
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