Author Question: Which of the following is not among Porter's competitive forces? A) changing consumer tastes B) ... (Read 103 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
Which of the following is not among Porter's competitive forces?
 
  A) changing consumer tastes B) threat of new entrants
  C) power of buyers D) power of suppliers

Question 2

What factors increase potential GDP? Include a definition of potential GDP in your answer.
 
  What will be an ideal response?


Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

A

Answer to Question 2

Potential GDP is the level of GDP attained when all firms are producing at capacity. Growth in potential GDP is determined by growth in the labor force and the capital stock and by technological change. Capital investments accompany growth in the labor force, encouraging technological progress and increasing potential GDP.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library