Answer:
economic (or business) cycles are less severe.
Explanation:
If the wages follow the general price level, it means that they will follow the inflation rate. When the economy is strong and inflation might rise, then the wages should increase accordingly. When the economy is starting to enter a recession then the inflation rate will reduce, so wages will not increase as much (if any increase at all).
This type of economic policy favors expansion cycles since private consumption is the main component of the GDP and also helps when the economy enters a recession because the wages will follow inflation rate which will help make the recession less severe and hopefully shorter.
One basic concept for this to work is that inflation is always a positive number, countries rarely (if ever) go through deflation processes.
Answer: Option (a) is correct.
Explanation:
Correct Option: Breaking down a large, heterogeneous market into sub markets that are more homogeneous.
Market segmentation is a process or procedure for dividing a large consumer market into sub markets or sub groups and this segmentation is on the basis of consumer's characteristics such as needs, location, interests.
It creates an advantage for the marketer because these market segments makes the job of marketers easier. It also reduce the risk of unsuccessful and unwanted marketer campaigns.
Answer:
Ke 0.08690 = 8.69%
Explanation:
<u>The capital assets price model formula(CAPM) is as follows:</u>
risk free = 4% = 4/100 = 0.04
market rate = 11% = 11/100 = 0. 11
premium market: (market rate - risk free) = (0.11-0.04) = 0.07
Beta(non diversifiable risk) 0.67
Ke 0.08690
Answer : ensure uninterrupted flows of raw materials at the lowest total cost, improve total cost,improve quality of the finished goods produced,and maximize customer satisfaction
