Gross domestic product is one of the factor that aid the long run monetary benefit in business.
<h3>What is Gross domestic product?</h3>
Gross domestic product refer to the the overall monetary or market value of all thecompleted goods and services that is manufactured within a specific country at a period of time.
It is the overall measure of overall domestic production, it help the to know if the country is okay or not.
It help to estimate the size of the economy.
To calculate, GDP
GDP = Consumption + investment+ government spending + net worth.
Therefore, Gross domestic product is one of the factor that aid the long run monetary benefit in business.
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Answer:
U.S. appliance manufacturers would be more likely successful if they used a <u>Transnational</u> marketing strategy
Explanation:
Transnational marketing strategy is a more personalized approach to selling and marketing with target customers need, shopping preferences and specifications put into consideration in the designing of the goods and services.
This strategy applies to the U.S. appliance manufacturers selling to different countries.
Therefore, people in Northern Europe who shop only once a week will be presented with bigger refrigerators while Southern Europeans who shop daily can opt for smaller ones.
Answer:
C:an increase in both the inflation and real growth rates in the short run.
Explanation:
According to the AD-AS model, if the economy is initially at its long-run potential growth rate, then a temporary increase in the growth rate of investment spending will cause an increase in both the inflation and real growth rates in the short run.
The standard quantity that is produces is multiplied to the standard price. The product is subtracted to the quantity variance and will be divided to the standard price. The product you have acquired will be the units that are produced.
4,500 pounds x $2.50 = 11,250
11,250 - $375 = 10,875
10,875 / $2.50 = 4,350
Answer: There are 4,350 units produced.
