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timofeeve [1]
3 years ago
7

In Rovamia, a developing country, companies often had to compromise on quality and cost earlier to make their products affordabl

e to consumers. However, with the increase in per capita income of the country, companies can now maintain the quality of their products without lowering price. Identify a factor that best describes the reason for this shift in Rovamia.
Business
1 answer:
Serggg [28]3 years ago
6 0

Answer:

economic growth

Explanation:

Here are the options

Ethical growth

Cultural evolution

Political clash

Economic growth

Economic growth can be described as the rise in the real gross domestic product of an economy overtime. It is the increase in the wealth of a nation overtime.

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

Per capita income = real GDP / population

per capita GDP measures the standard of living of people in a country. The higher the per capita income, the higher GDP is and the higher the standard of living is.

If per capita income of Rovamia increases, it means that the gross domestic product has also increased and economic growth has occurred.

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What are purchased items or extracted materials that will be transformed into components or products called?
Amanda [17]

<u>Answer:</u>

<em>Purchased items or extracted materials that will be transformed into components or products are called (</em><u><em>A) Raw materials inventory </em></u>

<u>Explanation:</u>

Raw materials inventory is the complete expense of all segment parts at present in stock, which is not in use, therefore, a continuous process or completed stock creation. There are two subcategories of crude materials, which are direct materials. These are materials fused into the last item.

Raw materials may at times be announced out of date, perhaps because they are never again utilized in organization items, or because they have debased while away, thus can never still be used

8 0
4 years ago
I want to start a new business. Ideas?
Aleks04 [339]
1.) Watch the news and find out a problem that everyone needs the solution to like a geologist national research business. Or something people don't have a specific catagory for or is in the random stuff cabinet
 
2.) Think about it and see what you can do to make it spectacular. 

3.) Think of a name for it.

4.) Get it pattened (I don't know how to spell it sorry)

5.) Make a card for it and tell people about it. For the child abuse example. (Sprinkle a little dramatic facts  then tell them what you do to help stop that just to get people intrested and wanting to help.)

6.) Then you can take it from there to get more and more people into your business.

To number 5, I forgot what that trick is but it is when you scare someone by something you told them then dis alarming them by telling the good side. You can basically get anyone to do or say yes to anything you want.

And you can use my geologist catagory idea because these days they really need them. Also my mom said that if your in college and you study for the geologist requirments thing ( I don't know what they call them I think coarses)
They pay you even when your not finished college just to work for them and she also stated why else would they randomly add geology in schools now and they make pretty good money!

Sorry for it being so long but I get excited over the smallest thing and I hope I helped you lots!! And Gooood Luck!!!

 
5 0
3 years ago
A weekly report for new agents at a vacation sales company is shown in the histogram. A histogram titled Vacation Packages has n
Natalija [7]

Answer:

6 salespersons

Explanation:

A histogram shows the graphical representation of the distribution of numerical data using bars of different lengths.

From the histogram:

The number of salespersons who sold 11 - 12 packages = 1

The number of salespersons who sold 13 - 14 packages = 2

The number of salespersons who sold 15 - 16 packages = 3

Therefore the new agents who sold more than 10 vacation packages = 1 + 2 + 3 = 6 salespersons

5 0
3 years ago
Read 2 more answers
Suppose economies A and B have the same initial level of GDP per capita at $15,000, and each economy begins with a constant grow
Zinaida [17]

Answer:

If we made the assumption that both countries had a per capita of $15,000 in 1960, country A, which entered an era of political stability, and applied liberal reforms, growing at a rate of 5%, would double its GDP per capita by 1975, reaching a GDP per capita of $31,183.92.

On the contrary, country B, which continued to grow by 1% per year, would only double its GDP per capita by 2030, reaching a figure of $30,101.45.

Therefore, it would take 55 years more for country B to double its per capita GDP level compared to country A.

4 0
4 years ago
A flatter, more horizontal demand or supply curve ____
STatiana [176]
A. A flatter, more horizontal demand or supply curve is elastic
7 0
2 years ago
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