<span>The main economic activity in most low-income countries is agriculture. Agriculture refers to breeding </span>animals to provide food and farming for different type of food and fiber. Those that live and work in low-income countries do a lot of farming to feed and produce items for their economy.
The amount supplied will be greater than the amount demanded is non-price factors, such as discrimination or waiting in line, will play a greater role in the allocation of the good.
Demand is influenced by a number of economic factors besides price. Numerous more non-price factors, usually referred to as underlying determinants, can influence demand.
A force outside of supply that influences consumer demand for a product is known as a non-price determinant of demand. Ice cream, for instance, is less popular in the winter than in the summer because people don't want to be chilly. As a result, a change in the weather is a non-price determinant that influences ice cream prices. Demand is also affected by factors other than price, such as the cost of complementary and replacement products, income, expectations, and preferences and tastes.
Learn more about non price factors at
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Answer:
a. Profit margin of store = 1.5%
a. Profit margin of child is $3 because store is making 1.5% profit margin.
b.Return on equity ( store) = 9%
Explanation:
As we know that: Profit margin= (Operating income / Revenue ) * 100
= 10.2 / 680 * 100
= 1.5% ( Store)
Profit margin (child) =
ROE=?
Accounting equation: Assets = liabilities + equity
380- 270 = Equity
Equity = $110 (million)
As we know that: Return on equity = Net income / Shareholder equity
= 10.2 / 110
= .09 or 9%
Answer:
required and regular
Explanation:
Based on the information provided within the question it can be said that this type of program is classified as required and regular training. This basically refers to a program that is absolutely needed in order to meet certain mandatory regulations and is done regularly to ensure that they do meet them.
