A company looking to expand its business within a specific scope of expertise whether through creating or acquiring complementary and/or competitive products is known as
Q: Q6) Sustained growth cannot occur if production relies on a factor whose supply is largely fixed. A)…
A: The answer is as follows:-
Q: With appropriate illustrations fully distinguish between the following: i. PRODUCTION FUNCTION and…
A: i) a) The production function explains the relationship between inputs and outputs. Generally, the…
Q: The following formula describes the particular case of the endogenous growth pattern of Uzawa-Lucas.…
A: The UL model is a long-term economic growth through investments in human capital in the economy. It…
Q: 2. Output and Growth (a) Indicate whether the following statement is true, false, or uncertain and…
A: Dear learner you have posted multiple questions, which include, production function, labour market,…
Q: Strategy 1: Strengthen the Economic Growth “Industrial areas that have public facilities or…
A: Answer in Step 2
Q: How does horizontal growth differ from vertical growth as a corporate strategy? Discuss different…
A: The objective of this question is to understand the difference between horizontal and vertical…
Q: Considering the medium term and applying the different factors which drive economic growth as set…
A: This report entails the essential factors that can attempt to enhance the company’s returns in the…
Q: QUESTION 3 Many economists studying the productivity-growth patterns in the U.S. believe that in the…
A: * ANSWER :- * The answer is TRUE *Explanation :- Between 1995-2010, labor producitvity in US…
Q: Describe the role that property rights, prices, and profit and loss play in promoting economic…
A: Economic Development is projects, policies, or activities that seek to refine the economic…
Q: (1) This question involves detailed numerical calculations and will not be a typical exami question.…
A: Economic growth refers to the sustained increase in the production and consumption of goods and…
Q: Select one of the mergers and acquisitions below. Consider whether the merger/acquisition was about…
A: A merger is a corporate technique in which two or more companies combine their businesses to make a…
Q: Q2- Businesses use four factors of production i.e. Land, Labor, Capital and Entrepreneurship (some…
A: Pakistan has labor as the top factor of production and also Bangladesh has labor as top factor of…
Q: per capita? a) GDP per capita and growth in GDP per capita rise b) GDP per capita and growth in GDP…
A: From 1346-1353, the black plague ravaged Europe. It is the most deadly pandemic in history, causing…
Q: The following production grid shows the relationship between Capital and Labor inputs and the output…
A: ISO-Quant: Iso -Quant shows different combinations of capital and labour such that each combination…
Q: What is the growth percentage between 2019-2020 and 2020-2021? What do you think the contributing…
A: Economic growth is the inflation adjustedinflation-adjusted growth in productivity. An increase in…
Q: In relation to "Moderate to high levels of diversification...". Mention two examples and explain
A: In business, diversification often refers to increasing one's reach by entering new markets, whether…
Q: Extensive economic growth ________ output per worker at a(n) ________ rate due to diminishing…
A: Economic growth is measured as growth in terms of output. There are diminishing marginal returns to…
Q: Economics explain the profit maximizing level of output and profit in organic growth?
A: Organic growth: It refers to the growth of the business under which the business will try to…
Q: what are the four factors of production and their earnings and explain their main characteristics…
A: The factors of production are the resources both natural as well as man made used in the process of…
Q: Relative to productivity growth in the United States, which of the following countries experienced…
A: Productivity growth can be defined as a rise in the value of outputs produced for a given input…
Q: Discuss China’s reliance on the state as a driver of economic growth. What does it mean for the…
A: As a state, China is determined to motor the economic development through using the state as a…
Q: The theory of economic growth : Exogenous growth theory Write your assignment regarding the topic…
A: Introduction Exogenous growth theories states that economic growth is fueled by technological…
Q: 6(a) Explain in detail how advances in technology are incorporated into the Solow Growth Model…
A: Solution: Solow Growth Model: It is an exogenous model that analyzes the changes in the level of…
Q: A country's economic growth: Group of answer choices is independent of its physical capital per…
A: A country's economic growth: a)Is independent of its physical capital per worker- False as it is…
Q: In technological convergence, how the industries respond in this innovation? And how they handle the…
A: INTRODUCTION INNOVATION Existing and empowering innovations are significant for meeting innovation…
Q: With appropriate illustrations fully distinguish between the following: i.PRODUCTION FUNCTION and…
A: As per the guidelines, we are allowed to answer the first three subparts only. Kindly post the…
Q: How does rising organic composition of capital threaten the rate of profit?
A: Historically, there have been a lot of economic theories stating the requirements for the…
Q: 1. Describe and provide a graphical illustration of the theory of induced technological innovation.…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Describe the internal growth strategy of new product development and why is it a competitive…
A: There are some basic growth strategies that firms uses to enhance and expand their businesses:…
Q: 51.) Explain how rapid population growth can contribute to rapid economic growth even when Solow and…
A: 51) Economic growth can be described as an increase in goods and services being produced in an…
Q: Outline the setup of (but do not attempt to solve) an endogenous gro model that incorporates both…
A: It can be defined as the model used to determine the growth and development of an economy, or…
Q: Considering the graphic below from the Australian Productivity Commission, answer the following…
A: The labor productivity shows how much more output can be produced by the level of labor resources…
Q: 1. Let F(K, AN) denote a production function that satisfies constant returns to scale. For an…
A: Given production function Y=f(K,AN) Labor augmented production function Y--- output K--- capital…
Q: How does horizontal growth differ from vertical growth as a corporate strategy? Discuss different…
A: The objective of this question is to understand the difference between horizontal and vertical…
Q: 1 Which one of the following is not a supply factor in economic growth? a) Consumption spending b)…
A: Consumption functions includes autonomous consumption and the consumption dependent on income of…
Q: Q12: Which of the following policies does not stimulate economic growth in the long run? (a) To…
A: Economic growth depends upon the level of investment in the economy. In the long run, the investment…
Q: A major reason to explain economic growth in the US in the 19th century including in manufacturing…
A: United States is one of the developed countries because it had a significant growth in 19th and 20th…
Q: By looking at the graph what would you say the mean growth rate is over the sixteen years of Apple's…
A: Economic growth is the expansion of revenue or GDP earned over a period. The total production level…
Q: Only 1
A: Approach to solving the question:I arrived at this answer by considering the complex dynamics…
Q: Question 5 Consider the fictional countries of Atlantis and Xanadu. Both countries share the same…
A:
Q: 6. The constant returns to scale assumption in the endogenous growth model implies that: A)…
A: Answer - "Thank you for submitting the questions.But, we are authorized to solve only one question…
Q: Question 1) Thoroughly explain why there is a strong association between development and urbanism. A…
A: Metropolitan fixation is characterized as the offer in absolute populace of the populace living in…
Q: 225 225 Utility of the consumer is given by 32Q - 160² - pQ and firm marginal cost is 2. The…
A: Deadweight loss refers back to the loss of economic efficiency that happens when the equilibrium…
Q: What is the engine of growth in Romer (1990)'s product variety growth theory and in the…
A: An country is said to be experiencing growth in the economy when its total output rises. Gains in…
A company looking to expand its business within a specific scope of expertise whether through creating or acquiring complementary and/or competitive products is known as
Diagonal growth
Horizontal growth
Vertical growth
Conglomeration
The answer is B) Horizontal growth
Step by step
Solved in 2 steps
- Directions: Read the speech first and answer the question that was asked below. He must do well since getting good results is the most important thing. At this juncture in our nation's history, we must abandon the idea that we are in a state of emergency. He needs to have a perspective that is focused on the long run while making investments. Remember that the people of the United States are why their country is the richest in the world. He ought to invest in the knowledge and experience of his own staff. That refers to the instruction they received. That implies increasing the average level of education. Those financial commitments to the nation's workforce are the single most significant item for the nation. You are, in essence, saving money and investing it for the future when you make such investments. It is not only beneficial to the economy and the nation as a whole, but it also helps individuals become far more resistant to the effects of economic downturns. This is a condition…H 1. What factors contribute to productivity growth in an organization or industry? Discuss the key drivers and analyse how these factors impact productivity and the potential for sustainable productivity gains over time.31) Given the narrow interpretation of technology, technology will include which of the following? A) how well firms are run B) the organization and sophistication of markets C) the political environment D) none of the above 32) Suppose there are two countries that are identical with the following exception. The saving rate in country A is greater than the saving rate in country B. Given this information, we know that in the long run A) the growth rate of output per capita will be greater in B than in A. B) the growth rate of output per capita will be greater in A than in B. C) the capital-labor ratios (K/N) will be the same in both countries. D) the growth rate of output per capita will be the same in both countries. 33) Suppose there are two countries that are identical with the following exception. The saving rate in country A is greater than the saving rate in country B. Given this information, we know that in the long run A) the capital-labor ratio…
- 1. Which of the following is not an external growth strategy? А. Licensing В. Mergers and Acquisitions С. New Product Development D. Joint Venture E. Franchising 2. In the business plan, ( ) provides a busy reader with everything that needs to be known about the new venture's distinctive nature. A. Table of Contents В. Executive Summary C. Company Description The Economics of the Business MUOWCHE D. E. Marketing PlanLabor productivity and economic growth outlined the logic of how increased productivity is associated with increased wages. Detail a situation where this is NOT the case and explain what it is not? Please read over this question carefully.14. Along the balanced growth path if productivity grows by 2%, and labor grows by 1%. If the elasticities of output with respect to capital and labor are 0.2 and 0.8, respectively, how much would output grow? A) 1.1% B) 2.0% C) 3.5% D) 4.2%
- An equation that enables economists to estimate the relative contributions of capital and technology to productivity growth is known as the proportions formula. the technology growth formula. the technology proportion formula. the Sarbanes-Oxley formula. None of theseConsider an economy where the elasticity of output with respect to capital is 0.4 and the elasticity of output with respect to the labor input is 0.6. Assume that the growth rate of output is 3%, the growth rate of capital is 1%, and the growth rate of the labor input is 2%. (a) What is the rate of productivity growth?e Page(s) 416-418 12.4. Why are institutions the key to economic growth? Chile's per capita GDP rose from $7,709 to $20,208 over 23 years (1985- 2008). Which of the following factors is included in modern growth theory but not in the Solow model? Click or tap a choice to answer the question. expanded water-management infrastructure to support agriculture new technology that has revolutionized the salmon industry privatization of many government-owned businesses an expanded wine industry that takes advantage of Chile's geography
- Determine 10 trends/factors that affect the future power growth of a country.Question 53 A country experiences economic growth if Question 53 options: a) real GDP increases b) both nominal and real GDP increase c) the price level increases d) nominal GDP increasesQuestion 26 Which one of the following is an incorrect statement about the effect of US natural capital on market growth? O New York City has a large harbor along a major river, the Hudson. With the completion of the Erie Canal in 1825, the locational advantages of New York were enormous. Between 1790 and 1850, New York's population increased from 33,000 to over 800,000. O h the eighteenth and nineteenth centuries, land abundance and avalability promoted low rates of population growth through natural increase because it discouraged high birth rates and fostered relatively high mortality rate. O In 1900, the twenty largest American cities were all located on major waterways. Before Colorado entered the Union in 1876, all U.S. states had at least one border delineated by rivers or oceans. O Many cities in the United States formed at obstacles to water navigation, where continued transport required overland hauling or portage. Portage sites attracted commerce and supporting services, and…