Answer:
The correct answer is option A.
Explanation:
Recession in an economy means that the economic activities are reduced. During recession aggregate demand gets reduced.
When the recession is announced the firms will realize that the demand for their products must have been reduced. To reduce the cost of production the firms will reduce the wages paid to the workers.
This will further reduce the income and the demand for products.
Answer:
For the business to make profits
Explanation:
Marginals revenue is the additional income realized from the sale of an extra unit. It is the revenue that a firm will gain by selling one more unit of a product or service.
Marginal cost is the expense incurred in the production of one more unit of a product. A business compares marginal revenue to marginal cost to decide if it will cease or continue with production and selling activities.
For a business to continue selling and make profits, marginal revenue must be greater than the marginal cost. In other words, the revenue realized by selling one extra unit must exceed the cost of producing that item. Selling one more unit when the marginal cost is more than the marginal revenue will result in a loss.
If the marginal revenue from a computer is $40 and the marginal cost is $50, selling on extra computer results in a loss of $10. But if the marginal revenue from the same computer is $60, the sale on one more unit will be a gain of $10.
The effects of the following transactions on demand are:
- When small cars are treated as the more fashionable so the demand should be increased.
- When the price of large care rises so the demand should be increased.
- When income falls and the small cars should be inferior goods so the demand should be increased.
- The price of the small cars should be reduced so here the demand should be decreased.
- The gasoline price should fall so the demand can't be determined.
In this way, the effects should be done.
Learn more about the demand here: brainly.com/question/2733525
Answer:
Rent-seeking is different from profit maximization because rent-seeking attempts to influence political process to gain an increased profit or income.
Answer:
<u><em>Advocacy </em></u>approach
Explanation:
Media Advocacy is a new tactic that is evolving in the field for population health. It was especially evident in race societies.
The concept of media advocacy is the tactical use of mainstream media to promote public policy measures.
Media advocacy is inherent in social engagement and its aim is to encourage healthy public policies.