Answer:
the increase in nominal GDP is $29,000
Explanation:
The computation of increase in nominal GDP is as follows:
= Selling value of car + difference
= $22,000 + ($27,000 - $20,000)
= $22,000 + $7,000
= $29,000
hence, the increase in nominal GDP is $29,000
We simply added the selling value and the difference
True. Competitive intelligence means gaining information about one's competitors' activities so that you can anticipate their moves and react appropriately.
Explanation:
Businesses often employ specific researchers to make strategies according to competitive intelligence for which there is dedicated analysis and anticipation for the moves that the market competition of a company is going to come up with.
This is ethically done by keeping a check of the competitors website and press releases, business publications of research and columns which indicate market trends in the industry as well as consumer behavior and market share statistical analysis.
Answer:
increasing returns to scale
Explanation:
The biggest barrier for other firms are increasing returns to scale. This is because Eric and Chris have their company already established and also have their clientele all hooked up and using their service. This allows them to produce a much higher electrical output for their clients with a certain Income. Newer companies will need a much higher income just to be able to produce a similar electrical output in order to try and compete with Eric and Chris.
Answer: B. The investor has a short-term capital loss of $20,000.
Explanation:
A short-term loss occurs when a deficit is realized when there's a sale of an asset which has been held by the person for a period of one year or less.
In this case, since the security was worthless, it's a loss and was also help for six months which is less than one year, then it's a short term capital loss.
Therefore, the correct option is B
Email can be both formal or informal however face to face communication is usually most effective in business.
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