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Marysya12 [62]
3 years ago
11

1. What are the four components of the output expenditure model? Explain each of the four in your own words.

Business
1 answer:
patriot [66]3 years ago
8 0

Answer:

The four components of gross domestic product are personal consumption, business investment, government spending, and net exports. 1  That tells you what a country is good at producing. GDP is the country's total economic output for each year. It's equivalent to what is being spent in that economy.

Explanation:

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If country ABC can produce a unit of good 1 by sacrificing fewer units of good 2 than can country XYZ, it is correct to say that
Zinaida [17]

Answer:

has a comparative advantage in producing good 1

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries. Country abc has a comparative advantage because it sacrifices fewer quantities of good 2.

Country abc should specialise in production of good 1, while country xyz should import from country abc.

A country has an absolute advantage in the production of a good or service If it produces more quantity of the good compared with other countries.

I hope my answer helps you

4 0
3 years ago
Which of the following statements is CORRECT? a. If an investor buys enough stocks, he or she can, through diversification, elim
Len [333]

Answer:

C. A security's beta measures its non-diversifiable, or market, risk relative to that of an average stock.

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4 years ago
At one time there were many farm cooperatives, but more recently other forms of business ownership have replaced them. true fals
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Answer:

The answer is False

Explanation:

Farm cooperatives have grown over time.

3 0
3 years ago
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Contributions with no eligibility requirement restricted by an external donor for a particular operating purpose would be report
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F

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8 0
3 years ago
retailers collect information about purchases in each of their retail outlets, analyze the data that has been gathered, and then
LUCKY_DIMON [66]

The buyer reviews the collected data with the manufacturer.

<h3>Who are these retailers, exactly?</h3>

A shop is a company or establishment where you buy products. Typically, retailers don't produce their own goods. They buy products from a producer or a wholesalers and then sell them in small doses to customers.

<h3>What kind of retailer is an example?</h3>

Best Buy is a prime illustration of a traditional retailer. It pays suppliers like Sony and Frigidaire market cost for the products, then charges customers more for them. Most of the things that Future Shop sells are not ones that company produces. These really are sizable establishments that offer a wide range of goods.

To know more about retailer visit:

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6 0
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