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2 years ago

China's growth rate has___

Business

1 answer:

aliya0001 [1]2 years ago

5 0

Answer: E. topped, but its real GDP per person is still lower than other industrialized countries

Explanation:

China has seen consistent growth for much of the past 20 years which has enabled them to topped the growth rate of most other countries.

Their real GDP per person however, is still lower than other industrialized nations like the U.S. and U.K.

This is due to their large population - largest in the world - making their GDP per person appear smaller despite them having a very substantial real GDP.

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To distinguish those combinations of goods and services that are affordable from those that are not, households need informatio

tester [92]

Answer:

The answer is A, household income, wealth and product price.

Explanation:

This simply indicates that to be able to identify the combination of goods and services that are affordable from those that are not, the current household income should be considered, the wealth of the household which refers to the current amount of money in the household account and the price of the product.

3 0

3 years ago

Read 2 more answers

Worldwide annual sales of a product in 2013–2017 were projected to be approximately q = −10p + 4,700 million units at a selling

OlgaM077 [116]

The revenue function is given by R = -10p² + 4700p

Revenue is the total amount of money made from selling a particular unit of products while cost is the amount of money spent in production.

Given an annual sales (q) as:

q = (−10p + 4,700) million units.

The selling price is $p per unit. Hence:

Revenue = per unit price * annual sales

Revenue = p * (−10p + 4,700)

Revenue (R) = -10p² + 4700p

The revenue function is given by R = -10p² + 4700p

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8 0

2 years ago

price discrimination will occur when a firm can segment its existing and potential customers into different groups based on:

lana [24]

Customers whose demand has a higher degree of price elasticity will pay less.

<h3>How Does Price Discrimination Occur and types of Price Discrimination?</h3>

Price discrimination is a marketing tactic where sellers charge clients various prices for the same good or service depending on what they believe will win the customer over. A merchant that practices pure price discrimination will impose the highest price possible on each customer. The more typical types of price discrimination involve the vendor classifying clients into groups according to particular characteristics and charging each group a different price.

There are three types of price discrimination:

First-Degree Price Discrimination: when a company charges the highest price per unit of consumption.

Second-Degree Price Discrimination: when a business offers discounts for large orders or imposes various prices on customers depending on how much they eat.

Third-Degree Price Discrimination: when a business charges varied prices to various customer segments.

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8 0

1 year ago

DJ Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the fol

guajiro [1.7K]

Answer:

$304,000

Explanation:

Calculation to determine How much was DJ's net income

Net cash inflow from operating activities ($262,000)

Less Account spayable decrease ($26,000)

Less Prepaid asset increase ($20,000)

Add Depreciation expense $32,000

Add Accounts receivable decrease $26,000

Add Loss on sale of depreciable asset $21,000

Add Wages payable increase $15,000

Less Unearned revenue decrease $21,000

Add Patent amortization expense $15,000

Net income $304,000

Therefore DJ's net income is $304,000

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3 years ago

In the components of a business plan, what section contains a detailed description of the company, the problem/opportunity, prop

dimaraw [331]

In the components of a business plan, the section which contains a detailed description of the company, the problem/opportunity, proposed solution to be offered, and your competitive advantage is "Financial Projections section"

<h3>What is Financial Projections?</h3>

Financial predictions forecast your company's future revenues and expenses using existing and estimated financial data.

They frequently contain many scenarios so you may see how adjustments to one part of your finances (for example, increased sales or reduced operational expenses) may affect your profitability.

Financial predictions are an important tool for business planning for a variety of reasons.

Financial predictions assist you in setting your beginning budget, determine when you may anticipate the business to be become profitable, or set benchmarks for meeting financial goals if you're starting a business.
If you currently have a firm, making annual financial projections can assist you in setting goals and keep on target.
Both startups and current firms will require financial estimates when seeking outside finance to convince investors and lenders of the business's development potential.

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2 years ago