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Gnoma [55]
3 years ago
6

Which are indicators that economists use to measure how an economy grows? Select all that apply.

Business
1 answer:
Nat2105 [25]3 years ago
5 0

Explanation:

economists measure its performance by studying the gross domestic product (GDP)

If GDP goes up, the economy is growing; if it goes down, the economy is contracting.

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1. Why have OpenTable competitors had a difficult time competing against OpenTable? 2. What characteristics of the restaurant ma
kolbaska11 [484]

Answer:

The answer to the question are listed in the explanation section below

Explanation:

T<em>he following number of question is explained below:</em>

  • <em> A thousands of restaurants use open table to allow their online bookings capability which is a right choice as open table is a well respected and as well large international company in the industry. </em>
  • <em>Restaurants have moved  from open table to the competition, for the following reasons such as retain customers,first class technology., comparable online booking, save money.</em>
  • <em>Open table now has a real competition in the form of Eveve, which  allows line reservation system for restaurants. </em>
  • <em> SAAS model: Software as a service (POS) system.  restaurant owners find it attractive because of the loud based solution,Lower initial and maintenance costs,easy upgrades, and lower learning curve</em>

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7 0
3 years ago
Most markets are not monopolies in the real world because
tresset_1 [31]

Answer:

D. there are reasonable substitutes for most goods.

Explanation:

A monopoly is when there is only one firm operating in the industry. There are also no subsituites for goods and services produced by the monopoly. The monopoly sets the price for his product and earns economic profit in the long and short run.

There aren't a lot of monopolies in the real world because most goods have substitutes. Therefore, consumers can substitute the monopoly product for another product and there isn't just one firm operating in the industry.

4 0
3 years ago
Think of a business that utilized one of the three methods of innovation to start their business, identify the business, the typ
garri49 [273]

Answer:

There are three types of innovation.

Product, Process and business Model.

The company Amazon is one of the leading online business in the world. It has achieved success through process innovation.  

Explanation:

Amazon has created a culture of innovation in its organization. The employee working in the amazon are free to share their innovative ideas and management considers those ideas when making strategic planning of business. This is the reason amazon has been able to launch many different types of technological innovations which provide support to their customers and their shopping experience is comfortable.

5 0
3 years ago
Suppose that there are two employers in Tinytown. CareCo offers a generous health insurance package to all employees, while Apat
professor190 [17]

Answer:

Choose CareCo.

Explanation:

Given : CareCo offers a generous health insurance package to all employees. ApathyInc pays slightly higher wages than CareCo, but does not offer health insurance.

A person who is unhealthy & expects to have high healthcare expenses : would have issues having direct health insurance from an insurer, based on high risk evaluation. Even if by chance, he/ she gets, it will be at extremely high price i.e premium rates & is likely to have less coverage. So, the person rationally would prefer to protect himself / herself from this huge health expenditure risk, & would protect self & family from catastrophic health costs. He / she would do so by choosing to work for Care Co, which gives generous health insurance to all its employees, by sacrifising higher salary by Apathy giving no health insurance. He/ she is logical as the wage differential is likely to be less than catastrophic health costs

8 0
3 years ago
The government uses the revenue from taxes to pay for goods and services for the community. True False
nexus9112 [7]
The answer is true because without our tax maney we wouldnt have goods and services.
6 0
3 years ago
Read 2 more answers
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