The economic growth in the recruitment letter was demonstrated as a result of industrial production.
<h3>What is economic growth?</h3>
A stable uplift in the economic conditions, in comparison to the previous economic period(s), is regarded as an economic growth. It is driven by many external factors.
In the recruitment letter, it was found that the increase in the industrial productivity led to extreme economic growth in the United States of America.
Hence, the reasons for the economic growth have been aforementioned.
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Answer:
Their business should be classified as a Partnership.
Explanation:
The three major types of businesses are Sole Proprietorship, Partnership & Corporation. Sole Proprietorship has only one member and corporations have shared ownership and big in size. Partnerships are businesses in which a small number of people decide to pool in and start a business and are personally liable for any business debts. In this case the coffee shop opened by Franklin, John, Henry, and Harry would be classified as a Partnership.
Partnerships have a limited life and it will dissolve if any of Franklin, John, Henry, and Harry decide to leave the partnership unless stated otherwise in the charter of the partnership.
<span>The economy was slowing, but prices were rising, signifying the potential for stagflation.
</span>Stagflation is term used in economics to denote economic situation characterized with high unemployment, rising prices, economic growth. This situation occurs when the overall price level rises rapidly. In our case, <span>"the price of eggs was up 40% and milk was up 26%., which means that the prices raised rapidly.</span>
Answer:
The correct answer to the following question will be Option A (Enhanced efficiency).
Explanation:
- Enhanced Efficiency seems to be an innovation that decreases the probability of discharge of that same object surface. It is indeed a definitive version of an effective. The whole bonus is going to take 2 elements in such a gizmo. It could be generated in the gizmos of guns, shields, and devices.
- It would be the most immediate consequence of direct exports providing economic assets to regions where they'll be required.
Other given choices are not related to the given scenario. So that Option A seems to be the appropriate choice.
Answer:
$15,450
Explanation:
The computation of the common fixed expenses is shown below:
We know that,
Net operating income = Contribution margin + Sales × contribution margin - traceable fixed expenses - common fixed expenses
$35,700 = $47,800 + $235,000 × 25% - $55,400 - common fixed expenses
$35,700 = $47,800 + $58,750 - $55,400 - common fixed expenses
$35,700= $47,800 + 3,350 - common fixed expenses
So, the common fixed expense would be $15,450