GoPro product is a digital camera with a wide lens that has the capability of take photos. The GoPro brand products are used in sports.
Point of Difference or POD refers to the unique properties of a product. The POD of GoPro products are the unique attributes of these products. Some of these are:
1. Durability of the product
2. Easy to use
3. Quality of camera
Answer:
Australia - <em>Shift Australia's production function upward, create a movement up along the production function as the full-employment quantity of labor increases, and increase potential GDP</em>
United States - <em>Will not change potential GDP as production happens in Australia</em>
Explanation:
Australia's production potential will rise which will be depicted by a shift upwards in the Production Possibilities Frontier (PPF) thereby leading to an increase in the full employment quality of labor and potential GDP for Australia.
As the production is happening in Australia, it will not affect potential GDP in the US.
Answer:
Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed).[4]
Unemployment can have many sources, such as the following:
new technologies and inventions
the status of the economy, which can be influenced by a recession
competition caused by globalization and international trade
policies of the government
regulation and market
Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can influence the availability and cost for money through its monetary policy.
In addition to theories of unemployment, a few categorisations of unemployment are used for more precisely modelling the effects of unemployment within the economic system. Some of the main types of unemployment include structural unemployment, frictional unemployment, cyclical unemployment, involuntary unemployment and classical unemployment. Structural unemployment focuses on foundational problems in the economy and inefficiencies inherent in labor markets, including a mismatch between the supply and demand of laborers with necessary skill sets. Structural arguments emphasize causes and solutions related to disruptive technologies and globalization. Discussions of frictional unemployment focus on voluntary decisions to work based on individuals' valuation of their own work and how that compares to current wage rates added to the time and effort required to find a job. Causes and solutions for frictional unemployment often address job entry threshold and wage rates.
Answer:
The completely accurate definition of the particular subject is outlined in the following subsection including its clarification.
Explanation:
- The marginal profit trajectory has so far been sloping down, MB decreases, and since most of a commodity is collected as much more quantities of something like a good offer fewer sense of achievement, unlike earlier versions. This same marginal cost of production is pointing down upward, becomes rising as more than just a commodity is generated as additional items need progressively inappropriate utilization of resources.
- The optimum amount of something like a given substance exists whenever MB is equivalent to MC. If MC reaches MB everything should still be made available fewer resources. In any other context, the services are more useful.
Answer:
Generator = G and Alternator = A
Maximize 250G + 150A
2G + 3A = 260
G + 2A = 140
Explanation: