A significant increase in consumption and economic activity among a nation's consumers would decrease income inequality.
Option: A
Explanation:
A country's economy highly depends on consumer's behavior. If for certain reason the consumption and economic activity raises it will decrease the variation in income level. Strong economy promotes high purchasing capacity.
If the consumption level gets high more workers would be involved in economic activity which will strengthen nation's economy and Gross Domestic Production. On the other hand the unemployment will go down. Disparity in income level will also decreases due to high consumption rate and growth of economic activity.
Answer:
Part of Jerusalem's significance and holiness to Muslims derives from its strong association with Abraham, David, Solomon, and Jesus. Jerusalem served as the first qibla (direction of prayer) for Muslims.
Explanation:
Hope that helps u and sorry if it doesn't
Answer:
e two major factors that contribute to detrimental relationships are as follow: INFIDELITY: It refers to the breaking of promise by which an individual tries to remain faithful to his/her sexual partner, That partner who has been betrayed can feel anger, doubt, heartbreak and pain.
this is not my answer but i hope its helpful
Explanation:
The profit margin is the difference between the price charged for a good or service and the cost of producing it. Therefore it constitutes the profit for the producer.
<u>Two strategies can be followed to increase profit margins</u>
- Lower average production costs: if the company is able to increase the efficiency of its production processes (for example, by introducing new organizatives techniques) it will be able to produce more units with the same amount of resources. Then the cost per unit produced decreases, and the company will earn a higher margin if continues charging the same price.
- Product differentiation. The company introduces modifications in the product so that the perception that consumers have of it improves, and therefore consumers would be willing to pay a slighty higher price for purchasing that particular brand. If such modifications do not entail a larger increase in the cost per unit produced than the size of the price increase, then the firm will be able to increase its profit margins with this strategy.
