The primary objective of ABM or activity-based management is a method to access a business and figure out it's strengths and weaknesses to strategically fix problems.
goodluck! :-)
Answer:
The correct answer is option a.
Explanation:
If foreigners find US goods and services more desirable, they will demand more of these goods and services. The price level will increase. The domestic firms will start producing more to earn higher revenue and profits. The output level will increase.
To offset this increase in output the government will decrease money supply in the economy. To do so the government can adopt several measures. Government can adopt contractionary monetary or fiscal policy. Government can reduce money supply by reducing purchases.
The first statement is false.
A firm earning a zero profit is an action called predatory pricing, which there
can be a temporary loss because of a super low price and when a new firm enters
the market the new firm won’t be able to compete with a very low price forcing
the new firm out of the market. This action can be a barrier of entry making the
market less contestable. A firm in a contestable market should operate at
efficient level of production and earn a minimal profit close to equilibrium.
<span>It
is true that a contestable market model has important policy implications for
example to increase competition policy maker can decrease regulation so that
new firm can easily enter the market. Policy makers can also force firms to
allow other firms to use their networks encouraging new firms to enter the
market and lessening the monopoly power of restricting supplies. Policy makers
can also set up its own new firm and distribute its resources to small new
firms to increase competition.</span>
In general, reducing the number of periods (n) used to pay off credit card debt but keeping the present value (PV) and interest rate (i) the same will increase the monthly payment (P).
Debt results once<span> a </span>shopper<span> of a </span>MasterCard<span> company purchases </span>an<span> item or service through </span>the card<span> system. The late payment penalty itself </span>will increase the number<span> of debt </span>the buyer<span> has.</span>
Answer:
Inelastic; elastic
Explanation:
Goods with inelastic demand curves tend to raise more government revenue compared to goods with the elastic demand curve. An increase in price does not affect the demand of inelastic goods and it remains the same, that is why, governments usually increase the prices of goods that have inelastic demand curve, for example, petrol and toll tax, etc.
