Answer:
19%
Explanation:
Given that,
Nominal GDP in 2010 = $200 billion
Nominal GDP in 2009 = $180 billion
GDP deflator in 2010 = 125
GDP deflator in 2009 = 105
Percentage change in prices:
= Percentage change in GDP deflator
= (Change in GDP deflator ÷ GDP deflator in 2009) × 100
= [(125 - 105) ÷ 105] × 100
= (20 ÷ 105) × 100
= 0.19 × 100
= 19%
Therefore, the prices increases by 19%.
Utility is your answer. Quality could be your answer as well.
Though, by definition:
Utility - u<span>seful, profitable, or beneficial.</span>
Answer:
<u>low opportunity cost</u>
Explanation:
<u>Opportunity cost</u> is described as a process in which an individual sacrifices something when they tend to choose one thing or option over another option or thing.
<u>Low opportunity cost: </u>The term "low opportunity cost" is determined as the possibility of an individual's chosen investment returns to be lower than the forgone investment's returns.
The growth-share matrix defines four types of sbus: Cash cows are low-growth, high-share businesses or products.
Each of the four quadrants represents a particular combination of relative market share, and growth: Low Growth, High Share High Growth, High Share. Stars are high-growth, high –share businesses or products.
They often need heavy investments to finance their zoom. The market rate varies from industry to industry but usually shows a cut-off point of 10% – growth rates more than 10% are considered high, while growth rates below 10% are considered low.
Low market share business is a smaller amount than half the industry leader's share, and successful companies are those whose five-year average return on equity surpasses the industry median.
Growth-share business matrix may be a business tool, which uses relative market share and industry rate of growth factors to guage the potential of business brand portfolio and suggest further investment strategies.
The BCG matrix relies on Industry rate and relative market share. BCG matrix may be a framework created by Boston Consulting Group to guage the strategic position of the business brand portfolio and its potential.
learn more about share business: brainly.com/question/24448358
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Answer:
Self Employed is the person working in a self owned business. Sole Proprietor is a person solely owning, managing a business.
Explanation:
Self Employment is the term used to depict <u>economic activity</u> of working for self owned organisation, rather than working for someone else. The self owned organisation could be entirely (solely) self owned - sole proprietorship, or co-owned by partners in a limited liability partnership
Sole Proprietor is a business entity owned, managed, run by a single entrepreneur. It is a business legal term given to an <u>economic organisation. </u>In this case, the proprietor necessarily has unlimited liability towards firm's claims. However, its not so always in case of self employment in LLC
