The target audience for a burger brand is youth who are heavy users of smartphone for watching videos, shopping, gaming, and social media. One of their top three activities was search. How can the burger brand use ‘search’ for selling chicken burger as young people did not search for keywords ‘chicken burger’ but they searched the internet for issues they were facing every day in their life such as getting good scores in exam or
finding the right partner or getting a good job. The youth were looking for answers to their collective problems, desires, and dreams which were manifested through queries in search engines.
Discuss the successes and failures of SADC
Assuming aggregate demand remains constant, supply shocks that cause a leftward shift in the aggregate supply curve will------.
Select one:
a. increase both prices and the rate of unemployment
b. decrease the rate of unemployment
c. increase real output
d. decrease prices
Which one of the following macro-economic variable should be excluded in a Keynesian model of a closed economy without government
Select one:
a. Savings
b. Government spending
c. Investment
d. Induced consumption
Margarita Robotics has a daily production function given by Q= K 0.5 L 0.5, where K is the monthly of hours of use for a precision lathe (capital) and L is the monthly number of machinist hours (labor). Suppose that each unit of capital costs $40 and each unit of labor costs $10