Answer:
$140
Explanation:
The computation of the real GDP is shown below:
For computing the real GDP first we have to determine the inflation rate
Inflation rate formula is
= (Current year price - base year price) ÷ (Base year price)
For Product X
= ($2 - $1) ÷ (1) = 1
For Product Y
= ($3 - $2) ÷ (2) = 0.5
For Product Z
= ($4 - $3) ÷ (3) = 0.33
Now the real GDP is
= (Base year price of X)÷ (Inflation rate) + (Base year price of Y)÷ (Inflation rate) + (Base year price of Z)÷ (Inflation rate)
= (10) ÷ (1) + (20) ÷ (0.5) + (30) ÷ (0.3333)
= 10 + 40 + 90
= $140
Answer:
- b. As the population in the United States ages, fewer workers have the physical ability to work in the industry.
- d. Due to global warming, working conditions on farms have become undesirable for more and more people.
- e. The adoption of strict immigration laws reduces the number of legal and illegal immigrants in the United States.
- h. New machinery is replacing workers in the harvesting of crops.
Explanation:
With workers getting older and being unable to be as productive as they used to be, they will have to drop out of industries that require physical strength including farming. This will therefore reduce people working in agriculture.
With global warming having made working in the fields much more harsh, people are avoiding careers that would keep them outdoors including farming which has led to a drop in the labor supply for agriculture.
A significant portion of workers in agriculture are immigrants so when immigration laws limit the number of immigrants coming in, labor supply in agriculture will reduce.
New machinery reduces the need for workers in agriculture so the more they are bought, the less workers are needed. This will therefore directly reduce the number of people working in agriculture.
Answer:
$3,545
Explanation:
PV = 3990
APR = .139
PV = $3,990 = $50 × (1 - {1 / [1 + (.139 / 12)]t}) / (.139 / 12)
t = 224.16 months.
PV = $3,990 = $60 × (1 - {1 / [1 + (.139 / 12)]t}) / (.139 / 12)
t = 127.72 months.
Additional cost = (224.16 ×$50) - (127.72 ×$60) = $3,545
It will cost Jake $3,545 to pay off his balance, if he makes monthly payments of $50 rather than $60.
The company should improve their distribution management.
<u>Explanation:
</u>
Distribution management describes the process of managing the transport of goods from the supplier or retailer to the point of purchase.
It is an overriding term that applies to a number of activities and methods, such as packaging, stock, warehousing, supply chain, and transportation.
For the business ' financial success and corporate success, the adoption of a distribution management strategy is crucial.
Distribution management helps to maintain organization and satisfies customers.
The basic idea of distribution management as a marketing tool is that distribution management takes place in an environment that also includes the following aspects:
Product, Price, Promotion and placement (4 P’s)
Answer:
A) Advanced Customer Segmentation
Explanation:
Advanced Customer Segmentation involves using psychographic data about segments to gain in their interests. With advanced customer segmentation, segments are filled with customers with like interests. These segments are special because due to the fact that you as a marketer knows their taste and wants, they trust you to the extent of willing to become your fulltime customers. These segments are likely to spend money with you once this level of trust is attained. Advanced Customer Segmentation allows you the marketer, to target your marketing and advertising towards these segments who are likely to buy from you than an average market. A marketer can make offers and campaigns that target a specific market using advanced customer segmentation. Personalized offers work best in market segmentation.
