Low gross domestic product
Answer:
total costs
Explanation:
The cost equation Y = a + bx represents the mixed cost which includes both fixed and variable components
The explanation of the cost equation is shown below:
Y = a + bx
where
Y = Total cost
a = Fixed cost
b = variable rate per unit for an activity
X = number of units in an activity
So, this cost equation is referred to the mixed cost which considers both types of cost i.e fixed cost and the variable cost
Medicine,agriculture,finance,tourism,teaching public services are the sectors of profession. In every field ,professions are of basic,medium and high levels.for e.g. , assistant health workers (A H W) are the basic level human resources while health assistants (HA)are medium level professionals.
Hope it helps :)
The business buying decision factor that would include political forces, economic factors, and technological changes is:<u> Environmental factors .</u>
<h3>What is buying decision?</h3>
Buying decision can be defined as the process in which a buyer put into consideration some factors before deciding to buy a product
Environmental factors consist of the following:
- Competitive factors
- Economic factors
- Political forces
- Legal and regulatory forces
- Technological changes
- Sociocultural issues
Therefore the business buying decision factor that would include political forces, economic factors, and technological changes is:<u> Environmental factors .</u>
Learn more about Buying decision here:brainly.com/question/7029808
#SPJ1
Answer:
The correct answer is that it has occurred that the economy has suffered from inflation.
Explanation:
To begin with, the concept of inflation is known in the economic sciences for refering to the situation where the prices of every good and service in general in the economy have risen up and it is due to the fact that now the acquisition power of the currency has lost value and therefore that every good is now more expensive than before stating that the purchasing power per unit of the money has suffered a reduction. Moreover, a very common intrument to actually measure the inflation is the very well known Consumer Price Index whose major purpose is to accomplish that task.
