Answer:
The appropriate response is "Pure competition".
Explanation:
- Pure competition seems to be an economically efficient circumstance where there is already a massive quantity of international customers and retailers as well as the manufacturer would be ready for deployment.
- Even though both a significant quantity of products as well as extremely similar or defined consumer items seem to be characteristics of pure competition.
The economic term for the practice of assigning small parts of a complicated job to individual workers who specialize in doing there just smart part is called spe<span>cialization</span><span>. Specialization is achieved when the assigned personnel is master of his art and the resources are focused on the particular field. This leads to an efficiency called allocative efficiency.</span>
Answer:
A
Explanation:
consumers reduce spending because of a recession
The analytic technique utilized after an adverse event occurs to prevent its recurrence is called Root cause analysis.
<h3>
What are the root cause analysis five steps?</h3>
- Root cause analysis is a technique for problem-solving used in science and engineering to determine the underlying reasons of errors or issues.
- It is frequently utilized in areas like information technology operations, telecommunications, industrial process control, accident investigation, and the healthcare sector.
- Realize the Issue: To start, you must decide what went wrong.
- Gather a Good Amount of Information.
- Determine the Related Causal Factors.
- Create a conclusion.
- Make any necessary adjustments.
- The analytic technique utilized after an adverse event occurs to prevent its recurrence is called
- Root cause analysis.
To learn more about the Root cause analysis, refer to the following link:
brainly.com/question/19571344
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Answer:
$9,760.48
Explanation:
Present value of annuity due = P* [[1 - (1+r)^-(n-1)] / r] + P. Where P = Periodic payment = $1,000, r = Rate of interest per period 4% (0.48/12), n = number of payments 12 (12*1)
Present value of annuity = $1000 * [[1 - (1 + 0.04)^-(12-1)] / 0.04] + $1000
Present value of annuity = $1000*8.760475 + $1000
Present value of annuity = $8760.48 + $1000
Present value of annuity = $9,760.48
