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STatiana [176]
4 years ago
12

Suppose Indiana produces only steel and corn, with fixed amounts of land, labor, and capital resources. Which scenario best sets

the stage for economic growth?
a. The Midwest suffers a drought.
b. The unemployment rate in Indiana rises from 5% to 6%.
c. Firms in Indiana spend less on real investment.
d. The percentage of Indiana residents with a college degree rises from 25% to 30%
Business
1 answer:
lidiya [134]4 years ago
7 0

Answer:

d. The percentage of Indiana residents with a college degree rises from 25% to 30%

Explanation:

Economic growth can be defined as an increase in the gross domestic product of a country over time.

Economic growth can be caused by increase in capital, technological advancement, education and labour.

The endogenous growth model posits that education can be a factor causing economic growth as it leads to diffusion of knowledge.

If the Midwest suffers a drought, production would be hampered and GDP would likely fall.

Rising unemployment is a sign of a fall in production.

If firms spend less on real investment, capital would fall and GDP would fall.

I hope my answer helps you

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Attorneys' fees, entrance fees, train fares, and organization dues are all:_______
Tom [10]

Answer:

d. synonyms for price.

Explanation:

All the stated items (attorney fees, entrance fees, train fares, and organisation dues) are all prices.

Price is the amount that is paid for a particular good or service performed.

When fixing a price usually there is an offer and acceptance of the amount to be paid for goods or services.

Also payment can be made upfront like the case of train fare. While in other instances payment may be deferred as is seen in attorney fees and organisation dues.

Price can also change when one party grants concession to the other, for example loan rebate where the debtor is given price relief.

3 0
3 years ago
A company has a capital structure that includes 30% debts, 10% preferred stock, and 60% common stock. The before-tax cost of deb
Alexxandr [17]

Answer:

option (C) 11.8%

Explanation:

Debts = 30%

Preferred stock = 10%

Common stock = 60%

before-tax cost of debt = 11%

cost of preferred stock = 10.3%

cost of common stock = 14.7%

New common stock sales cost = 16%

The weighted average cost of capital for the company

marginal tax rate = 40%

= Debt × before-tax cost of debt × (1 - tax)) + (Common stock × cost of common stock ) + (Preferred stock × cost of preferred stock )

= 0.30 × 0.11 × (1 - 0.40) + (0.60 × 0.147 ) + ( 0.10 × 0.103 )

= 0.0198 + 0.0882 + 0.0103

= 0.1183

Or

= 0.1183 × 100% = 11.83% ≈ 11.8%

Hence.

The correct answer is option (C) 11.8%

7 0
3 years ago
Bill receives a compliment on a recent campaign; he attributes the success to his creativity. mark’s campaign didn’t do well; he
Alisiya [41]
I would say these two examples show a type of performance evaluation ie analyzing what was successful and why or alternatively what was not successful and why so as to learn from the experience to continue to perform well in the future or to change poor performance to good performance.
8 0
3 years ago
Granite Inc. is a reputable company that has contributed a lot toward the social welfare of the people. It has also improved wor
Mnenie [13.5K]

Answer: Corporate responsibility report.

                       

Explanation: In simple words, it refers to the written document that is issued by the organisations with the intent of sharing the actions that they have taken to fulfill their corporate social responsibility.

The organisation have legal bounding to work for the betterment of society and also it increases the positive image of that organisation in the eyes of customers.

Hence this report is published by the organisations for fulfilling these objectives,.

7 0
3 years ago
The typical starting point of any firm's marketing mix is the:____________
soldier1979 [14.2K]

Answer: E. development of the good or service to be sold

Explanation:

The typical starting point of any firm's marketing mix is the development of the good or service to be sold. The marketing mix is simply a mix of the marketing strategies that are vital to achieve marketing aims and increase sales.

It should be noted that marketing mix begins with the product and without this, distribution, pricing and the promotion are not relevant.

8 0
4 years ago
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