Answer:
Inflation = 9.5%
Explanation:
Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
Given the following data;
Nominal interest rate = 7 percent.
Real interest rate = -2.5 percent
Real interest rate = Nominal interest rate - Inflation
Inflation = Nominal interest - Real interest rate
Inflation = 7 - (-2.5)
Inflation = 9.5%
Answer:
controllable factors
Explanation:
The marketing mix elements are called
controllable factors because they are the responsibility of the marketing department in an organization.
It should be noted that the marketing mix elements are are reffered to as controllable factors because the controllable factors are those steps or action that are taken in business to bring about development and to market the business products and services.
These controllable factors could be the price of the product/ services how the product is been promoted as well as places and others.
Answer:
C
Explanation:
Because he can not price discriminate
Answer:
$12
Explanation:
Equilibrium price is price at the point where quantity supplied equals the quantity demanded.
Please check the attached image for a table showing how equilibrium was found
When Ben left the corporate rat race to start his own pottery business, he used some of his retirement savings to finance the business. This practice is known as bootstrapping.
<h3>What is bootstrapping?</h3>
Bootstrapping is a word used in business to describe the process of starting and growing a firm utilizing solely available resources, such as personal funds, personal computing equipment, and garage space.
Learn more about bootstrapping here:
brainly.com/question/14097941
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