Mass marketing means that all customers are treated the same. This approach might sound attractive because it simplifies the marketing task, but it is usually unrealistic because customers differ It may sound appealing because it simplifies the business, but generally unrealistic.
Creating a client profile or persona will help easily define your guests' requirements by understanding their buying patterns, similar to what, how, and where they buy – and more importantly – their provocations for buying.
One-to-one marketing is at the other minimum. It means that each client serves as his or her own member. This approach sounds appealing from the client's point of view because the product would be acclimatized especially for each person's distinctive solicitations.
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The standard cost for blank______ manufacturing overhead is computed the same way as the standard cost for direct labor.
The standard cost for blank variable manufacturing overhead is computed the same way as the standard cost for direct labor.
Direct exertions refer to any employee who is without delay involved in the production of a product. in case your commercial enterprise manufactures bicycles, the person producing the bicycles is taken into consideration direct exertions.
One example of an instantaneous hard work fee is the hourly profits of a nice warranty inspector adjusted to include healthcare advantages and quick-time period disability. another example might be the annual revenue of a welder who works on the production line of a metal components manufacturing organization.
The workers who absolutely paint with and process the extraordinary materials manually or with the useful resource of machines are referred to as “direct labor” or “efficient labor.
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firms with limited resources often target a market niche that is either ignored or unimportant to larger firms. this represents a(n) _______ strategy.
Firms with limited resources often target a market niche that is either ignored or unimportant to larger firms. this represents a(n)concentrated marketing strategy.
A market is an area wherein consumers and dealers can meet to facilitate the exchange or transaction of goods and offerings. Markets can be physical like a retail outlet, or virtual like an e-store. different examples consist of illegal markets, public sale markets, and monetary markets.
In advertising, the term marketplace refers to the institution of consumers or groups that is inquisitive about the product, has the sources to purchase the product, and are allowed by way of law and different regulations to accumulate the product.
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countries that engage in trade will tend to specialize in goods in which they have a(n) and will those goodsparative advantage; importabsolute advantage; exportcomparative advantage; exporteconomic profit; import
countries that engage in trade will tend to specialize in goods in which they have export comparative advantage.
What is comparative advantage ?According to the theory of comparative advantage, nations will trade with one another and export the items in which they are relatively more competitive. Absolute advantage refers to a nation's undeniable ability to produce a certain good more effectively.An economic principle known as comparative advantage, which dates back to the early 1800s, shows how free trade eliminates the need for protectionism.The ability of an economy to produce a specific good or service at a lower opportunity cost than its trading counterparts is known as comparative advantage.Opportunity cost is a new consideration in the idea of comparative advantage when comparing various manufacturing possibilities.Economists have been unusually consistent in supporting free trade policies, and comparative advantage is the cause of this. According to the hypothesis, countries' overall economic welfare increases when they concentrate on the industries in which they have the most success and skill as well as the fewest opportunity costs.To learn more about comparative advantage refer :
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1. aaron works for a computer company whose corporate culture is characterized by a formalized, structured work environment aimed at achieving effectiveness.
Aaron works for a computer company Hierarchy corporate culture is characterized by a formalized, structured work environment aimed at achieving effectiveness.
A hierarchy is an arrangement of items (gadgets, names, values, classes, and so on.) which are represented as being "above", "underneath", or "on the identical level as" one another. Hierarchy is a critical concept in a wide variety of fields, along with architecture, philosophy, design, mathematics, computer science, organizational concept, systems principle, systematic biology, and the social sciences (especially political philosophy).
A hierarchy can link entities either at once or in a roundabout way, and both vertically and diagonally. The best direct hyperlinks in a hierarchy, insofar as they are hierarchical, are to 1's instant advanced or to one in all one's subordinates, despite the fact that a system that is largely hierarchical can also comprise alternative hierarchies. Hierarchical links can expand "vertically" upwards or downwards thru more than one hyperlinks in the same route, following a direction.
All components of the hierarchy that are not related vertically to one another although can be "horizontally" connected via a path by using travelling up the hierarchy to discover a not unusual direct or indirect superior, and then down again.
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when ford motor company provides its ford and lincoln-mercury dealers with incentives for meeting or exceeding sales goals, this is an example of a(n)
A push approach is used by ford motor corporation when it offers incentives to its ford or Lincolns-mercury dealers for meeting and exceeding sales goals.
What is sales?
Sales are actions involving the sale of goods or the volume of items sold during a specified time frame. A sale also includes the provision of a service for a fee. When a purchase, appropriation, requisition, or direct engagement with the customer occurs at the point of sale, the seller or provider of the goods and services completes a sale. Title (property and ownership) of the object is transferred, and a price is settled, meaning a price is agreed upon for which the ownership of a item will transfer.
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if a merchandiser offers a sales discount of 2/10, net/30 on a sale of $2,000, the amount due in 10 days is the net amount of $1,960.
A. true
B. false
The statement is True. If a merchandiser offers a sales discount of 2/10, net/30 on a sale of $2,000, the amount due in 10 days is the net amount of $1,960.
It revolves around product positioning and visually-beautiful product shows that attract a client's interest. The entire vending procedure clearly starts with an effective call for forecasting and product buying. Your ability to use planning software programs and evaluate retail developments is key in this place.
Merchandisers want to understand the products and patterns in their marketplace and be capable of coming across commercial motion to up or downgrade stock at just the proper time. Statistics is their BFF. It informs demand forecasts ensuring they are now not left with duds. And it additionally well-known shows regions for promotional possibilities.
Low-stage merchandising jobs are normally no longer as excellent, as they do now not pay thoroughly and do not contain a high level of creativity or professional engagement. But, becoming a merchandiser for larger groups in higher-paying positions may be a completely worthwhile profession.
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which of the following is not a determinant of the price elasticity of demand for a good?
a. The time frame-whether it is in the short run or long run.
b. The number of substitute goods available.
c. The share of a consumer's budget.
d. The amount of income the consumer has.
A determinant of the price elasticity of demand for a good which do not determine price elasticity is c. The share of a consumer's budget.
Price elasticity is a tool used by economists to analyse how supply and demand for a product fluctuate in response to price changes.
Supply has an elasticity, or price elasticity of supply, much like demand. Price elasticity of supply is the correlation between price change and supply change.
It is computed by subtracting the percentage change in price from the percentage change in quantity demand.
The two elasticities work together to determine what products are produced and at what costs.
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The difference between the standard and the actual direct labor wages per hour is reflected in the labor.
The difference between the standard and the actual direct labor hourly rates is reflected in the labor rate variance.
What is direct labor?Generally, The term "direct labor" refers to the wages and salaries that are given to employees whose labor may be directly linked to a particular commodity or service. It takes into account the price of ordinary working hours, extra hours performed, payroll taxes, unemployment tax, Medicaid, employment insurance, and other related expenses.
Only work that is directly engaged in the creation of products and services is regarded to be direct labor. In contrast, labor that is not directly involved in the production is considered to be indirect labor. By default, any and all other types of work are categorized as indirect labor.
Direct labor cost is a component of wage bill or payroll that can be directly and consistently allocated to or related with the production of a product, a particular work order, or the provision of a service. Direct labor cost may also be referred to as hourly labor cost.
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CQ
The difference between the standard and the actual direct labor hourly rates is reflected in the ________ _________ variance. (Enter only one word per blank.)
the creators of network, cheyefsky and lumet, were part of an emerging class of entertainment industry forces who felt that television was an influence that had to be battled at all cost. group of answer choices true false
False, the creators of network, cheyefsky and lumet, were not a part of an emerging class of entertainment industry forces who felt that television was an influence that had to be battled at all cost.
Paddy Chayefsky wrote and Sidney Lumet directed the 1976 Metro-Goldwyn-Mayer satirical black comedy-drama film titled Network. It is about the problem with low ratings faced by a fictional television network called UBS. The cast of the movie includes Faye Dunaway, William Holden, Robert Duvall, Wesley Addy, Ned Beatty, and Beatrice Straight. Peter Finch plays his final film role.
Network garnered a lot of positive press overall, with the performances receiving particular attention. It received nine Oscar nominations at the 49th Academy Awards, including Best Picture, and won four of them for Best Actor (Finch), Best Actress (Dunaway), Best Supporting Actress (Straight), and Best Original Screenplay. The movie was a commercial success.
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an accurate statement about the school-to-work opportunities act is that
An accurate statement about the school-to-work opportunities act is that it advocates collaborations between educational organizations, companies, and labor unions
Collaborative advocacy is an approach to advocacy for children with disabilities that uses collaborative problem-solving skills and relationship-building strategies to resolve disagreements.
Personal Advocacy: This type of advocacy involves acting on behalf of others (clients, individuals or groups) to advance their goals. Parents can stand up for their children, and lawyers can defend their clients' legal rights in court.
Grantees speak more accurately about their work, leading to more targeted applicants. Collaboration can express a clearer and narrower focus at the expense of a new and broader appeal.
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The standard cost for blank______ manufacturing overhead is computed the same way as the standard cost for direct labor.
The variance in materials price and variance in materials quantity typically account for the difference between actual costs and standard (or budgeted) costs.
What is standard cost for materials?Cost accounting has a crucial subtopic called standard costing. In the past, direct material, direct labor, and manufacturing overhead expenditures for a manufacturing company have been considered standard costs.Some producers allocate the anticipated or standard costs rather than the actual costs of direct materials, direct labor, and manufacturing overhead to a product. This implies that a producer will start off with inventories and cost of goods sold that reflect standard costs rather than the real costs of a product. There are almost always differences between the actual costs and the standard costs, and the differences are noted as variances, as a manufacturer is required to pay its suppliers and employees the actual costs.Hence, The variance in materials price and variance in materials quantity typically account for the difference between actual costs and standard (or budgeted) costs.
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strategic fit among businesses can enhance shareholder value by multiple select question. transferring skills and capabilities from one business to another. sharing facilities or resources to reduce costs. leveraging use of a common brand name. spreading risk across completely different businesses.
Businesses that fit together strategically might increase shareholder value by, for example,
combining resources or facilities to cut costs.
moving expertise and skills from one firm to another.
utilizing a well-known brand name.
Strategic fit describes how well a company is matching its assets and capabilities to opportunities in the external environment. Because the matching is done through strategy, the company must therefore have the actual resources and competencies to implement and support the plan.
Strategic fit is used to evaluate the current performance of an organization or sector. This is necessary to determine whether the organization can live up to external expectations. To evaluate these organizational skills, a few models of strategic fitness were built for this study.
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when composing for digital media, focus on the principles of social media communication and use the fundamentals of______to improve the effectiveness of the message.
The complete statement is "When composing for digital media, focus on the principles of social media communication and use the fundamentals of Planning, writing, and completing to improve the effectiveness of the message."
What is social media communication?Generally, The term "social media" refers to the various methods by which individuals can interact with one another to create, share, and/or trade information and ideas within online communities and networks.
The primary Fac/ebook, Tw/itter, Ins/tagram, and Link/edIn accounts, as well as the YouT/ube channel, are all managed by the Office of Communications and Marketing.
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the rate of return provided by an increase in the price of a security is referred to as the rate of
Answer:
Yield. Yield is the anticipated return on an investment, expressed as an annual percentage. For example, a 6% yield means that the investment averages 6% return each year.
The rate of return provided by an increase in the price of a security is referred to as the rate of capital gains.
What is capital gains?The profit made from the selling of an asset, such as stocks, bonds, or real estate, is known as a capital gain. When an asset's selling price is higher than its original acquisition price, a capital gain is realised. It is the discrepancy between the asset's selling price, which is higher, and cost price, which is lower.Gains in capital are advantageous. Not unexpected tax bills. However, in practise, capital gains taxes constitute a necessary (though unwanted) "price of entrance" for investing. More specifically, it's the cost of profitable investing.Capital gain is calculated as the final sale price minus the sum of the transfer and house improvement costs.
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fresh eggs moving from farms to a retailer and then on the final consumer , identify points in the supply chain where the eggs might used to be stored. Why is it essential to move eggs quickly down the supply chain?
Eggs are regarded as the ideal food. They are vitamin and protein-rich, easy to prepare, and affordable for even the retailer most frugal food buyers. To meet demand, it is supply chain that egg production would increase by 50% by 2030.
The advantages of keeping a high supply chain velocity are several. Not only can higher supply chain velocity boost customer happiness, but it can also shorten shipment times, lower shipping costs, improve inventory tracking, and streamline operations for more retailer efficiency. It's crucial to take immediate action and foresee when supplies are likely to run low in order to promptly place orders and maintain control over supply and resources.
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a. When the dollar is worth less in relation to currencies of other countries, are you more likely to buy American-made or foreign-made electronics?
b. Are US companies that manufacture semi-conductors happier when the dollar is strong or when it is weak?
c. What about an American company that is in the business of importing electronic consumer goods into the United States?
When the dollar is worth more in relation to the currencies of other countries, people are likely to purchase more foreign-made goods. This is because the value of the American dollar is higher than the value of other currencies.
The greenback is probable to stay the dominant currency in the global economy for the foreseeable future. regardless of long-held concerns approximately swelling U.S. trade and fiscal deficits, demand for dollars remains strong for global transactions and change.
The greenback has been gaining power towards the currencies of different fundamental economies. The dollar is powerful because America's economic system is more healthy than the ones of many different countries and because the Federal Reserve maintains elevating interest costs.
The USD (USA dollar) is the legitimate forex of us of the USA. The American dollar, or U.S. greenback, is made of a hundred cents. it is represented by way of the image $ or US$ to distinguish it from different dollar-based totally currencies.
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an externality can be a cost or benefit arising from the production of a good that falls upon 1) consumers but not producers. 2) producers but not consumers. 3) both the consumer and the producer. 4) someone other than the consumer or producer
An externality can be a cost or benefit arising from the production of a good that falls upon (4) someone other than the consumer or producer.
What is an externality?An externality, also known as an external cost or benefit, is a consequence of another party's action that affects an unaffiliated third party indirectly. Externalities are unpriced items that are a part of both consumer and producer market transactions. One example of air pollution is caused by motor vehicles. Neither the makers nor the users of motorized transportation are responsible for covering the cost of air pollution to the rest of society. Another example is the pollution of water caused by companies and mills. Pollution damages all customers equally, yet the market does not make up for this harm. A cost or benefit resulting from the creation of a good that affects someone other than the customer or producer is known as an externality.Therefore, an externality can be a cost or benefit arising from the production of a good that falls upon (4) someone other than the consumer or producer.
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alan, the chief executive officer of pioneer inc., was requested by jack, a student at woodhouse elementary school, to share some information about pioneer for his project report. while alan could have forwarded one of the several emails he had written about the company to his clients, he used simple words and gave simple basic facts about pioneer when responding to jack. in this scenario, which of the following audience characteristics did alan consider?
In this scenario, age which is a audience characteristics did consider by Alan.
What are audience characteristics?Age, gender, ethnicity, class, sexual orientation, occupation, education, affiliation with a particular group, and a plethora of other aspects are among the demographic characteristics of an audience. An astute speaker pays attention to them since they frequently structure people's identities and experiences.
How critical is it to understand an audience's characteristics?Knowing your audience will assist you determine what information and messages are relevant to them. Once you've decided what to say, recognizing your audience will help you choose the right tone and voice for your message.
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When a bond is issued for more than its face value, the market rate of interest is ________ the interest rate stated on the bond.
When a bond is issued for more than its face value, the market rate of interest is less than the interest rate stated on the bond.
The term "face value" refers to a security's nominal or monetary value; the issuing party specifies the face value.A stock's face value is its initial purchase price, as stated on the stock's certificate; a bond's face value is the amount that will be paid to the investor when the bond matures.Face value is not a reliable indicator of a stock's or a bond's actual market value because there are numerous other influencing factors, such as supply and demand, at work.When investing in bonds, face value (also known as par value) refers to the sum that, provided the bond issuer doesn't default, is paid to a bondholder when the bond matures.Learn more about Face value, here
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additional shares issued to existing owners without an exchange of cash may be in the form of stock or stock
Additional shares issued to existing owners without an exchange of cash may be in the form of stock dividends or stock splits.
Common stock dividends are dividends paid to holders of common stock out of a company's profits. Like other dividends, it is paid in cash or stock. Laws may regulate the amount of common stock dividends, particularly if the payment is a cash distribution equivalent to a liquidation. Stock dividends have the advantage of rewarding shareholders without reducing the company's cash balance. These share distributions are generally made as fractions paid per existing share.
In the US, most dividends are cash dividends. H. Cash payments per his shares to investors. For example, if a company pays him a dividend of 20 cents per share, an investor of 100 shares will receive $20 in cash. A stock dividend is a percentage increase in the number of shares held.
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clay works for a company that has offices in major cities across the united states. his department regularly holds videoconferences with teams in the other branches. which type of network does clay's business most likely use for videoconferencing?
WAN type of network does clay's business most likely use for videoconferencing.
What is WAN?A wide area network is a telecommunications network that spans a large geographic area. Broadband networks are often formed by leased communication circuits.
Wide Area Network (WAN) Network types WANs can be classified into two broad categories:
connected WANs point-to-point WANsWAN networks can facilitate communication, data sharing and more between devices across the world through a WAN service provider. . WANs may be important for multinational companies, but they are also essential for everyday use, as the internet is considered the world's largest WAN.
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Fisher-Price watches young children play with its toys to determine if and how various products should be changed or improved. Fisher Price is collecting __________ data.
Fisher-Price watches young children play with its toys to determine if and how various products should be changed or improved. Fisher Price is collecting survey data.
Since most research entails the series of data, there are countless techniques for direct, or primary, information collection, including surveys, questionnaires, direct observations, and focal point groups.In the 0.33 stage of the advertising and marketing research approach—collect relevant information—both secondary and essential data are accrued and statistics science and records mining are utilized, including collecting the range of likes and the level of fan engagement.
What are the four sorts of market analysis?Four common types of market lookup techniques encompass surveys, interviews, center of attention groups, and customer observation.
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https://brainly.com/question/28318235#SPJ4after receiving poor service from her car insurance company, wendy made her complaints public by placing them online. this is a form of group of answer choices institutional sales promotion public relations word-of-mouth negative advertising
After receiving poor service from her car insurance company, wendy made her complaints public by placing them online. This is a form of word-of-mouth negative advertising. The correct answer would be option D.
Negative word-of-mouth is interpersonal customer conversation about a marketing company or product that disparages the subject of the conversation.
Word-of-mouth is one of the most trustworthy forms of promotion since a customer's reputation is on the line when he speaks favorably or adversely about a product. Negative word-of-mouth marketing can have a long-lasting impact on a business. It might result in a drop in sales for the business and harm its reputation.
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what is the purpose of a performance appraisal? what are the major steps involved in the performance appraisal process?
The purpose of performance appraisal is to ensure whether the employee has achieved the set goals or not.
The major steps involved in the performance appraisal are to set the work standard as a goal for the employee. Another step is to evaluate the performance of the employee in comparison to the set standard of the work.
This step evaluates the blocks faced by the employee and provides them guidance on overcoming these blocks. The performance of the employee is appreciated and feedback is also given for improvement.
The feedback is aimed at positive development. It does not criticize the employee but encourages them to work better and improve their performance.
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when a company provides superior value by leading its industry in price and convenience, it has obtained .
Operational excellence refers to a company providing value by leading its industry in price and convenience by reducing costs and creating a lean and efficient value delivery system.
Business operations is the harvesting of value from belongings owned by means of a business. Assets may be either bodily or intangible. An instance of value derived from a physical asset, like a constructing, is lease. An example of fee derived from an intangible asset, like an idea, is a royalty. The attempt worried in "harvesting" this price is what constitutes business operations cycles. That is the most honest and nicely-understood control imperative of commercial enterprise operations. The primary intention of this vital is to enforce a sustained delivery of products and services to the commercial enterprise's customers at a value that is less than the finances acquired in alternate for stated items and also self-employee services—in short, creating a profit.
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a taxpayer who knowingly signs a joint return on which his spouse has failed to report her income is liable for any tax assessments made by the irs on that income. True or False
A taxpayer is accountable for every tax assessments filed by the IRS on income that is stated to be "true" on a joint return that the person knows his spouse omitted to disclose.
Define the term tax assessments?A tax assessment is a valuation that the local government assigns to your real estate and company personal property with the express intent of levying as well as collecting taxes for the benefit of your community.
Your team may become overwhelmed if you receive several assessments and want to process them before going on to another one. However, you lose out on chances to appeal as a result of it. By being more proactive, you can save time, take advantage of appeal chances, and lessen your tax burden. CrowdReason is property tax software that permits you to plan for, monitor, and keep on top of tax assessments.Thus, every tax assessment made by the IRS on income that is claimed as "actual" on either a joint return but that the taxpayer knows his spouse failed to report is his responsibility.
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paying taxes is an example of group of answer choices redistribution. balanced reciprocity. negative reciprocity. generalized reciprocity. the market principle.
Paying taxes is an example of redistribution.
What is redistribution?
Income and wealth redistribution is the transfer of income and wealth from one person to another by a social mechanism such as taxes, welfare, public services, land reform, monetary policy, confiscation, divorce, or tort law. The word usually refers to redistribution on a broader economic scale rather than between specific individuals. However, the phrase is occasionally used to describe laws or policies that produce redistribution in the reverse direction, from poor to affluent. On ethical and economic grounds, the implications of a redistributive system are hotly discussed. The subject involves an examination of its rationales, goals, methods, and policy efficacy.
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which epeat criteria informs customers about how to carefully dispose of products that need special handling?
Design for end of life is the correct answer, since this criteria informs about the special handling of how to dispose the products that needs special handling.
What is EPEAT criteria?
Electronic Product Environmental Assessment Tool (EPEAT) is an easy-to-use resource for purchasers, manufacturers, resellers and others wanting to find or promote electronic products with positive environmental attributes.
The Dynamic Criteria Development Approach, a novel procedure created by GEC, is used to build the life-cycle-based EPEAT criteria through a balanced voluntary consensus process (DCDP). Openness, balance, due process, the appeals process, and consensus are the five components of a voluntary consensus process that are present in the DCDP.
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If the labor force increases and the number of employed workers stays the same
a) the unemployment rate will not change.
b) the unemployment rate will fall.
c) the unemployment rate will rise
d) it's not possible to determine.
If the labor force increases and the number of employed workers stays the same the unemployment rate will rise
A relationship between two parties that governs the delivery of compensated labor services is called employment. In most cases, based on a contract, the employer, which might be a company, a non-profit, a cooperative, or any other entity, pays the employee in exchange for doing the job that has been allocated to them.
Workers are compensated for their labor through wages, which can be paid on an hourly, piecework, or annual basis depending on the type of work performed, the industry conditions in effect, and the bargaining power of the parties. Employees may earn benefits in addition to compensation in various occupations.
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Which of the following BEST describes the effect inflation has on purchasing power in the United States over the past several decades?
a. $100 today has the same purchasing power as $80 in 1972.
b. $100 today has the same purchasing power as $15 in 1972.
c. $15 today has the same purchasing power as $100 in 1972.
Option 2, which indicates that $100 today has the same purchasing power as $15 in 1972, is the correct response. since inflation is the general rise in prices and decrease in the value of money.)
How does inflation affect one's ability to buy things?
Some consumers' purchasing power is inevitably reduced by unevenly rising prices in an inflationary environment, and this erosion of real income is the single largest cost of inflation. Over time, inflation can also affect the purchasing power of those who pay fixed interest rates and those who receive them.
How much does inflation reduce one's ability to buy things?
The rule is reversed for inflation: It is possible for consumers to estimate how quickly rising costs—for things like rent, energy, food, and other necessities for a household budget—will reduce their savings by half. The Rule of 72 calculates that the 8.3% inflation rate in April reduces the value of consumer currency by roughly nine years.
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