Answer:
D. direct (or positive) and is called the law of supply.
Explanation:
According to the law of supply, when the price of product is increases, then the quantity supplied of that product would also increases and if the price of product is decreases, then the quantity supplied of that product would also decreases. That means it shows a direct or positive relationship between the price and the quantity supplied keeping other factor constant i.e they do not changed.
Answer:
The answer is: It will take Mexico 28 years
Explanation:
In 2005, Mexico´s GDP per capita (MGDPpC) was only $11,000 which represented one fourth of the United States´ GDP per capita (USGDPpC) of $44,000.
The ratio of GDP per Capita between Mexico and the United States is 1:4
So when MGDPpC doubles the first time, the ratio will be 2:4 (or 1:2), so when it doubles again the ratio will b 1:1. So in order for MGDPpC to equal the amount of USGDPpC in 2005, it would need to double twice.
To find out how many years it will take Mexico to double its GDP per capita once, we must divide 70 by 5, which equals 14 years.
Since it takes Mexico 14 years to double its GDP per capita, it will take them 28 years to double it twice.
Job training had a positive effect on the Group 1 and it would be beneficial for the second group to have had it too.
Explanation:
In series analysis one compares two set of data in terms of their initial points and their final results and within if there are fluctuations in the matter during the series. In ere, the data given is of two points that is the initial data and the final data.
The two data points clearly show that the two groups were equivalent in 2003 but the first group which received job raining ended up progressing more than the second group so it is beneficial to get the job training that was offered.
Answer: (A) Experiential marketing
Explanation:
Experiential marketing is basically provide the ability for evaluating the the personal connection in which the customer are ware about the products and the services which is provided by an organization.
This marketing techniques helps in increase the demand of the customer more personalization.
According to the given situation, the Fournotts corp. is one of the sports shoe manufacturer and for the publicity the organization invited the consumers for shoes trial and this refers to the experiential marketing strategy.
Therefore, Option (A) is correct.
Answer: A coffee shop that also sells pastries would be a secondary competitor for a bakery that sells pastries, among other products.
(took the test)
