Yes so good indeed queen keep it up
More competitive the industry.
The answer should be 1. Focus on selling to foreign countries.
This is because the article stated that the POD business had a lot more awareness on foreign sales production. They had tons of customers with 20% of their profit coming from Norway, and the rate keeps rising by year 3.
Foreign selling creates product awarness with more people being able to buy the product if overseas, making more profit from more people buying. If it were just sold in the U.S, for example, then not as many people could buy the cars, but foreign production can reach out to MANY more people.
Answer:
The correct answer is option B.
Explanation:
Real GDP is the inflation-adjusted measure of economic growth. It measures the change in output level at a constant price. It measures changes in economic output.
Nominal GDP measures change in output level based on current prices. It is not an inflation-adjusted measure of economic growth.
Real GDP changes with a change in output level. While nominal GDP can change with change in either output level or price. So it is not necessary that a decline in real GDP is accompanied by a decline in nominal GDP.
The fact that the engineers and capital equipment managers have been laid off because of the economic downturn will increase<u> cyclical unemployment. </u>
<h3>What is cyclical unemployment?</h3>
This is a type of unemployment that happens when there is a loss of productivity in the economy.
The loss of jobs by these engineers and managers will therefore lead to more cyclical unemployment.
Find out more on types of unemployment at brainly.com/question/11786076
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