Give a well explained answer. What's the benefit of expenditure on R&D in an economy.

Q: can you please give answers for a, b, c, d, e, and f separately? Thank you!

A: Disclaimer: As per Bartleby guidelines only three subparts can be answered at once. Kindly post…

Q: describe b2b(business to business) in healthcare and provide examples

A: B2B is a technique in which two businesses comes in contact with each other in order to make…

Q: Who owns and who controls the major factors of production?

A: An economy includes all production of goods and services, all selling and buying and all employment.…

Q: How do you understand the term "Think global, act local"?

A: The term "Think global, act local" embodies a philosophy that encourages individuals, communities,…

Q: Building massively dispersed data environments entails what kind of trade-offs?

A: A tradeoff is a scenario in which selecting one decision entails giving up something else, either a…

Q: Why are people called as the real products of development?

A: Economic growth is a notion that reflects on the aggregate economic aspect of a specific nation and…

Q: What does integration of Economies mean?

A: An economy is a complex system of interconnected production and consumption activities that govern…

Q: In what way do you think can we realize our income and control our cost, following the procurement…

A: Since economics deals with the supply and demand of resources, Adam Smith, the father of economics,…

Q: why the Nobel Prize in Economics in 2020 was awarded to Paul Milgrom and Robert Wilson

A: The Nobel Prize in Economics in 2020 was awarded to Paul Milgrom and Robert Wilson for their work on…

Q: What are the possible sources of capital of micro economic business concept

A: : Micro-economics: Microeconomics investigates people, families, and firms' conduct in the dynamic…

Q: How do agglomeration economies work? Relate it to the case of the Philippines to explain your answer

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: A good can be an intermediary good in one case and a final good in another case

A: Depending upon the use of the goods and services, the goods are categorised as intermediate goods…

Q: Give examples of industries that need to get involved in the circular economy ?

A: The circular economy is transforming how we consume and reuse resources, reducing waste. It promots…

Q: Explain the importance of the economic environment to business and identify the factors used to…

A: Making business decisions and allocating resources in the face of various problems is an aspect of…

Q: The circular flow model is * O a chart of financial transactions. O a chart of quantities of…

A: The economic model with significant inter-economic exchanges is referred to as the circular flow of…

Q: if you had to choose to be either an entrepreneur, an intrapreneur, or an employee right now, which…

A: An entrepreneur is a person who starts a business by taking risks in hoping to return of profit.

Q: In 1950, Nicaragua and Brazil had roughly the same size economies. Now, Brazil's economy is almost…

A: A developed economy has better resources in production process. Better technology and skill set…

Q: A person who translates business requirements into technical systems requirements is a ___________.

A: The businesses include the various components in an economy wherein the major considerations involve…

Q: What do you understand by the term deindustrialisation, explain the differentforms it can take?

A: Deindustrialization is a process of economic change in which a country or region shifts away from…

Q: The correct statement is: * The product life cycle is faster in more developed and developed…

A: Product life cycle refers to the period starting from when the product is introduced in the market…

Q: What is main reason for the formation of large cities?

A: What prompted the formation of cities in the first place? Although there is little evidence to say…

Q: Thanks to worldwide urbanization, preindustrial cities no longer exist. T or F?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: how is technopreneurship different from Entrepreneurship?

A: Entrepreneurship refers to the act of being an entrepreneur, who is the owner and manager of a…

Q: What impact does technological change have on the economy?

A: Economic growth has three main indicators technological advances, capital accumulation, and increase…

Q: hat political factors are driving the new global innovation economy?

A: Political factors include the policies and rules made by the government of the country.

Q: why is innovation important for the economy? how we could enrich it?

A: Innovation is the progress in ideas, technology etc which benefits the economic agents (producers,…

Q: Read the material below and answer the question. Baten (ed.), A History of the World Economy: 1500…

A: Osamu Saito's chapter on Japan in "A History of the World Economy: 1500 to the present" provides a…

Q: How is the term opportunity cost linked with the term scarcity?

A: Scarcity signifies that the demand for a product or service exceeds the supply of that product or…

Q: Brics– what are the macro factors and their impact and provide examples.

A: BRICS is an acronym referring to the five major emerging economies: Brazil, Russia, India, China,…