Answer:
If the workers had been paying other people to perform the household activities prior to unemployment, then total production will fall.
Explanation:
Let me help you!
Since you mentioned that Baldwin compamny will expand to another company with better edge (products etc.) to appear on top, that simply means they are actively competing against the company they are expanding to while employing blue ocean strategy.
Therefore, the strategy they are using is none other than BLUE OCEAN STRATEGY.
Answer:
5%
Explanation:
Purchasing power refers to the amount of goods and services a unit of currency can buy.
Purchasing power can be determined by finding the real interest rate.
Real interest rate = Nominal interest rate - inflation rate
10% - 5% = 5%
I hope my answer helps you
Answer:
In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business. ... In classical economics, capital is one of the four factors of production. The others are land, labor and organization
