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Radda [10]
2 years ago
14

Why is productivity growth considered to be the most important factor in the ad/asad/as model?

Business
1 answer:
gavmur [86]2 years ago
4 0

Answer:

it shifts the AS curve in the short-term.

(please give brainliest)

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Management moving production or other parts of the company's value chain to countries where wages are lower is an example of ___
noname [10]

Management moving production or other parts of the company's value chain to countries where wages are lower is an example of cost drivers.

<h3>What are cost drivers in business?</h3>

The cost drivers can be defined to be the direct cause of the expenses that may occur in a business. These are the activities that may cause a cost to happen in the business. For instance this could be the amount of water that is used monthly in a given area.

Hence we can say that management moving production or other parts of the company's value chain to countries where wages are lower is an example of cost drivers.

Read more on cost drivers here: brainly.com/question/14904453

#SPJ1

5 0
1 year ago
The U.S. Bureau of Economic Analysis​ (BEA) has recently adopted a new approach to calculate real GDP and real GDP growth to cor
pashok25 [27]

One of the features of the new approach is​ that, now BEA uses the geometric average of fixed weight indexes and uses two base years to calculate the growth rate of real GDP between two consecutive years.

Explanation:

In both actual and nominal GDP, the U.S. Economic Analysis Department results. It estimates the real United States. GDP is a fixed base year annual rate. Imports and international sales from American businesses and people are exempt.

GDP reflects the degree to which the economy generates production. Global warming is not generated and not part of GDP. The effect of environmental damage is not measured accurately. The loss should not be included in GDP and the calculation of environmental damage has not been accepted.

3 0
3 years ago
"In the long run a company that produces and sells kayaks incurs total costs of $15,000 when output is 30 kayaks and $20,000 whe
Oksana_A [137]

Answer:

b. constant returns to scale because average total cost is constant as output rises.

Explanation:

The question has options. Below is the complete question.

<u>Complete Question</u>

In the long run a company that produces and sells kayaks incurs total costs of $15,000 when output is 30 kayaks and $20,000 when output is 40 kayaks. The kayak company exhibits

a. diseconomies of scale because total cost is rising as output rises.

b. constant returns to scale because average total cost is constant as output rises.

c. diseconomies of scale because average total cost is rising as output rises.

d. economies of scale because average total cost is falling as output rises.

The correct answer is explained below.

In the long run a company that produces and sells kayaks incurs total costs of $15,000 when output is 30 kayaks and $20,000 when output is 40 kayaks. The kayak company exhibits  constant returns to scale because average total cost is constant as output rises.

6 0
3 years ago
Read 2 more answers
A reference group acts as a point of comparison and as a source of information for an individual.
Eva8 [605]

Answer:

True

Explanation:

A reference group is that group in which the comparison is made between the individual person or the group as the case may be.

In this group, the evaluation of individual taken place with respect to nature, behaviors, and characteristics so that they can know about them i.e performance, aims, etc

Thus, it is a mix of comparison, evaluation, and personal attributes

7 0
3 years ago
Kent and Craig, who want to start a horse-training business, spoke to an insurance agent about getting insurance to cover potent
erica [24]

Answer:

Solution: the answer in delivered in 2 stages because of the character of dualistic problems:-

Part (1)

As Kent and Craig are concerned during a professional with prospective risk and that they wish to hide their prospective accountability. the character of the industry which can be utmost applicable in corporate against the other variety of industry like individual merchant or partnership company because of the subsequent details:-

Reason I: Unrestricted accountability- just in case of insolvency or industry letdown, Kent and Craig don't seem to be obligated to trade their particular resources.

Reason II: convenience of Business- because of the Supply of additional investment compared to restricted investment in sole profession and partnership company, they're ready to manage with the qualms related to the industry.

Part (2)

Wanting to the purposes of Dave and Cindy, the indebtedness corporation is desirable because of the subsequent details:-

Reason I: No danger to non-public assets because the corporation is proscribed accountability.

Reason II: just one level of tax within the variety of company tax .

7 0
3 years ago
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