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Alisiya [41]
3 years ago
13

21. What are the benefits that may accrue to a community from busi

Business
1 answer:
Ket [755]3 years ago
4 0

Major benefits of business in the local economy include a boost in employment and discretionary income in the community, tax income increases for local governments and a loyal customer base for businesses.

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Regarding increasing productivity, factor mobility is
inn [45]
I believe the correct answer from the choices listed above is option C. Regarding increasing productivity, factor mobility is  i<span>mportant in that it helps to reallocate resources in a dynamic economy. Hope this answers the question. Have a nice day.</span>
4 0
3 years ago
Cutting costs is the best way to maximize profitability. <br> a. True <br> b. False
wel
The answer is false. There are a lot of ways and best methods of maximizing profitability but cutting cost is not the best method because it will likely minimize the profit because the cost are being cut down. That is why the answer would likely be false because it is not the best method.
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3 years ago
Neartopia has 100 million adult citizens. Of these, there are 50 million full-time workers and 10 million part-time workers. The
ohaa [14]

Answer:

I think the question is: ¿What is the Neartopia unemployment rate?

Explanation:

The answer is:  14.3% unenmployment rate

8 0
3 years ago
If you were selling a product with an elasticity of 1.6 and you wanted to increase your revenue, what should you do to the price
docker41 [41]

Answer:

If the product we are selling has an elasticity of 1.6 we should lower the price to increase revenues

Explanation:

Elasticy in demand above 1 means that are elastic goods. So the percentage in the rise in the quantity demanded is superior to the percentage in the fall of the price, so it will increase revenues.

7 0
3 years ago
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a comp
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The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer <u>falling</u> and the quantity <u>increasing</u>.

Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.
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3 years ago
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