Answer:
Increasing government spending in the form of infrastructure and welfare
Explanation:
In order to reduce the national debt, the government need to take a conscious measure to use the government budget as little as possible.
Investment in infrastructures (such as military bases,. building new roads or parks) and government programs (such as expensive healthcare or government funded jobs) tend to take a large amount from the government budget. This will most likely resulted in the increase of national debt.
Answer:
D
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Profit is maximised where marginal cost equals marginal revenue.
Answer:
check the calculations below.
<em>You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.</em>
Explanation:
a) current margin = Sale price - Cost
= $42 - $28 = $14 per unit
(b) Selling price if margin is 49%
= Cost / (1-0.49)
= 28 / 0.51
= $55
Profit = 55*49% = 227
(c) Price to consumer = Selling price / (1-0.1)
= 55/ 0.9
= $61.1
(d) Price to Consumer = Selling price from Chengg + Margin
= 61 + 10 = $71
Answer:
Yes
Explanation:
because Children have the benefit of not knowing what is not possible.
Answer:
Nancy needs to have a bachelor’s degree or master’s degree in<u><em> business administration</em></u> and good <u><em>communication</em></u> skills.
Explanation:
The major roles that a business development manager has to perform are:
- maintain good contacts with the clients and provide information to the new clients.
<em>To get a job as a business development manager, a person should have a degree in business management, administration or another degree pf equivalent value.</em>
<u><em>A person aspiring for this shall have a vast knowledge about business and also should have good communication skills.</em></u>
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