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Answer:
$1900 million
Explanation:
The formula for GDP :
Y(GDP)= Investment spending + Consumer expenditure + Government expenditure + Imports - Exports
if we input the numbers from our example we can find out the calculation of GDP as so:
GDP = $500 million + $1000 million + $500 million - $100 million
∴ GDP = $1900 million
The promotional tool that stimulates consumer purchasing interest with the help of using short-term activities such as displays and trade shows is<u> sales promotion</u> programs.
<h3>What do you mean by sales promotion?</h3>
Sales promotion applications are designed to complement private selling, advertising, public relations, and different promotional efforts. Sales promotions can take vicinity within and outside of the company.
Therefore, The promotional tool that stimulates consumer purchasing interest with the help of using short-term activities such as displays and trade shows is<u> sales promotion</u> programs.
Learn more about <u>sales promotion:</u>
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In my opinion or answer, I think it would be A, because if a car company charges a high price for a new model of a minivan... not much people with enough money would be able to buy or people would think it’s too expensive for a new model... but I also have a feeling for D.
And if a publisher printed more copies than usual, he’ll have to pay for those extra papers and all the important (I think)? Then the author/publisher will have to make the book more expensive to make an effort in the money...
If a clothing store puts bathing suits before summer ends, some people may buy it but some people won’t. Though...it might make an effort to get rid of them, or possibly the company could sell them to another company tbh, not sure.
Answer:
a. $50.
Explanation:
Since the cost conditions remain the same and the market in question is a perfectly competitive one, when the market returns to a long-run equilibrium, the equilibrium price gravitates towards the previous equilibrium price in which economic profit was zero, which is $50, regardless of some firms leaving the industry or not. Note that this behavior is only observed because this is a perfectly competitive market.
Therefore, the answer is alternative a. $50.