Answer:
(D) is the same and output is lower than in the original long-run equilibrium.
Explanation:
In the long term the prices are flexible. They adapt to the new situation of a decrease in the demand. This is consistent with with a lower output, consecuences of the decreasing in the demand.
Answer:
$30,000
Explanation:
Amortization is the process of expensing the cost of an intangible over its useful life. It is equivalent to depreciation in physical assets.
Under the straight-line depreciation, the depreciation amount is constant throughout the life of the asset.
For Bricktown, the cost of the asset is $50,000
use-life is five years,
the rate of depreciation will be 1/5 x 100
=1/5 x 100
20 percent
depreciation per year will 20% x $50,000
=20/100 x 100
=10,000
Accumulated depreciation at the end of the second year
=$10,000 x 2
=$20,000
The carrying value after two years will be the value of the asset - accumulated value. ( carrying value is the book value).
=$50,000 - $20,000
=$30,000
Answer:
He will forego 'job at a large well-established financial services company'
Explanation:
Pete's opportunity cost of 'joining band' is - 'job at huge financial service company'.
Opportunity cost is the cost of next best alternative foregone while choosing an alternative.
Eg: If I like rice & noodles, opportunity cost of eating rice is the other best option i.e noodles.
Similarly: Pete having 2 options of following Music or Finance; deciding to join band - has opportunity cost as the other option i.e 'job at huge financial service company'
in a traditional economy resources are controlled by the people resources are used in their natural state
<h3>What is a traditional economy?</h3>
A traditional economy can be described as a kind of economic system whereby the traditions as well as the customs, and beliefs is been used in shaping the goods as well as the services of the economy produces, in the manner of their distribution.
In this case, it should be noted that Countries that use this type of economic system are often rural and farm-based, hence traditional economy resources are controlled by the people resources are used in their natural state
Learn more about traditional economy from
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Answer:
The correct answer is Holistic marketing.
Explanation:
Holistic marketing is a term coined by Philip Kotler, in which the areas of exploration, creation and delivery of the value that a company carries out through the management of relations with all its stakeholders are integrated. This means working with "value" in terms of customer relationships, competition and our network of collaborators.
With this strategy, it is possible to increase the value perceived by all parties, obtaining a high level of quality in the processes and a growth in the share of customers thanks to loyalty. Many times the term is used to refer to 360º (multi-channel) or blended marketing techniques, but in reality it is an expanded value management.