Potential GDP = $20
Real GDP =$19.2
so an output gap is measured relative to potential output and it is calculated according to the formula [( X - Y ) Ă· Y] Ă—100. In this case, the output gap is [($10 billion - $8 billion) Ă· $8 billion] Ă—100 = 25%.
Answer:
Option (d) attitude
Explanation:
In the terms of marketing and advertising attitude is defined as the emotions or the beliefs that a consumer develops towards a product or service which leads him to make a perception about the product or service.
This attitude towards the product or the services are difficult to change in a consumer.
Answer:
a bar graph
Explanation:
A bar graph may be defined as a visual representation of the categorical data or information which is represented by rectangular shape bars with their lengths or height proportional to the values they represent. A bar graph is also known as bar charts.
The rectangular bars can be plotted either vertically or horizontally.
In the context, a bar graph or a bar chart would be the best option to represent the number of employees who ride a bicycle and come to office and compare them to the number of employees who takes a public vehicle, drives a car or even come to office by walking.
Answer:
cost reduction and standardizing its products globally.
Explanation:
- Lenovo needs to capitalize on the consumer trends and the universal needs of the products globally and seek to reduce the costs in increasing flexibility, acquire knowledge, scale economies, and improve on the quality of the product and the process that creates them.
