Scale economies. Free trade allows for expansion, which leads to increased output. However, increased output leads to a decrease in average production . Hence option A and B is correct .
What is Free trade ?Enhanced competition. Free trade enables businesses to compete on a global scale. This is related to increased competition, which contributes to product improvement and lower customer prices.cost per unit, which is known as economies of scale.
Specialisation. To increase efficiency, countries can use free trade to exchange products and specialize in the production of a narrow range of goods or services.
Monopolies must be reduced. Domestic monopolies are greatly reduced by free trade. It enables international trade, resulting in a market with many producers competing with one another.
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A car insurance company has determined that 11% of all drivers were involved in a car accident last year. In a random selection of 12 driver, use the binomial distribution to find the probability for each: a) Getting exactly 3 (x = 3) that were involved in a car accident. b) Getting 3 or fewer (x ≤ 3) that were involved in a car accident. c) Getting at least one (x2 1) that was involved in a car accident. d) Find the mean and standard deviation for the number that were involved in a car accident. e) Would it be a rare event for none (x=0) of the drivers to be involved in a car accident?
a) The probability of getting exactly 3 (x = 3) that were involved in a car accident is 0.2146.
b) The probability of getting 3 or fewer (x ≤ 3) drivers is 0.2243.
c) The probability of getting at least one (x2 1) driver is 0.9032.
d) The mean and standard deviation for the number is 1.32 and 1.04, respectively.
e) The probability of none (x = 0) of the drivers to be involved is 0.376
In a random selection of 12 drivers, we need to use the binomial distribution to find the probability for each:
a) To find the probability of getting exactly 3 (x = 3) drivers that were involved in a car accident is:
P(x = 3) = nCₓ * p^x * q^(n-x)
Where n = 12, x = 3, p = 0.11, and q = 0.89
We know that nCₓ = n! / x!(n-x)! ⇒ 12C₃ = 12! / 3! (12-3)! ⇒ 220P(x = 3) = 12C₃ * (0.11)^3 * (0.89)^(12-3) = 0.2146
b) To find the probability of getting 3 or fewer (x ≤ 3) drivers that were involved in a car accident is:
P(x ≤ 3) = P(x = 0) + P(x = 1) + P(x = 2) + P(x = 3)P(x ≤ 3) = ∑P(x)
Where P(x) = nCₓ * p^x * q^(n-x)For x = 0, 1, 2 and 3.P(x ≤ 3) = 0.2243
c) To find the probability of getting at least one (x2 1) driver that was involved in a car accident is:
P(x ≥ 1) = 1 - P(x = 0)P(x = 0) = 12C0 * (0.11)^0 * (0.89)^(12-0)P(x ≥ 1) = 1 - P(x = 0) = 0.9032
d) To find the mean and standard deviation for the number that were involved in a car accident is:
Mean (μ) = n * p ⇒ 12 * 0.11 = 1.32
Standard deviation (σ) = sqrt [n * p * q] ⇒ sqrt[12 * 0.11 * 0.89] = 1.04
e) To find the probability of none (x = 0) of the drivers to be involved in a car accident is:
P(x = 0) = 12C0 * (0.11)^0 * (0.89)^(12-0) = 0.376
The probability of none (x = 0) of the drivers to be involved in a car accident is not a rare event because it is 0.376 which is greater than 0.05.
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rank the following innovations 1st, 2nd, 3rd, and 4th based on their ability to facilitate trade and travel before 1450. explain the reasons for your ranking.
Ranking innovations based on their ability to facilitate trade and travel before 1450, the order is as follows: 1st - Compass, 2nd - Caravanserai, 3rd - Lateen Sail, and 4th - Astrolabe. The ranking is determined by considering the impact and significance of each innovation in enabling navigation, transportation, and communication during that time period.
The compass is ranked first due to its pivotal role in aiding navigation by providing a reliable means of determining direction, which greatly facilitated long-distance trade and exploration. Caravanserai is ranked second as it provided crucial resting places and accommodations for travelers along trade routes, promoting safe and efficient journeys. The lateen sail is ranked third as it revolutionized maritime transportation by enabling ships to harness wind power more effectively, enhancing their maneuverability and speed. Lastly, the astrolabe is ranked fourth as it primarily assisted with celestial navigation and determining latitude, but its impact was relatively more limited compared to the other innovations.
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In the first two years of a new car's life, it loses:
Answer:
30% of the resale value
Explanation:
What is Anderson hoping to do as a next step and why
Answer:
To make the game into an app
Explanation:
Interestingly, William Anderson was passionate about what he was doing; this passion led Anderson to think about making his Wealth Effect Game an app.
Why? Because he realized that most people lacked basic financial skills and his goal was to to make an app that would allow teachers throughout the country teach their students financial literacy effectively.
broch corporation's income statement appears below: income statement sales (all on account) $ 1,220,000 cost of goods sold 760,000 gross margin 460,000 operating expenses 415,692 net operating income 44,308 interest expense 14,000 net income before taxes 30,308 income taxes (35%) 10,608 net income $ 19,700 the company's times interest earned ratio is closest to: group of answer choices 2.16 3.16 1.41 4.87
Income Before Interest and Assessments shows the benefit of the organization. This is the company's net income before any interest or income tax costs.
How is the Earnings Before Interest and Tax calculated?Net Income minus interest and taxes is EBIT. The second approach involves subtracting the revenue from the cost of goods sold (COGS) and operating expenses:EBIT is the sum of revenue, COGS, and operating expenses.EBIT is the sum of operating expenses and gross profit.Is EBIT equivalent to pre-tax profit?EBIT. EBIT (earnings before interest and taxes) and PBT (profit before taxes) are both useful indicators of a company's profitability. However, their perspectives on financial outcomes are slightly different. The primary distinction lies in the fact that EBIT does not take into account interest when calculating PBT.
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MetLife was able to dramatically expand its global footprint by acquiring Alico, a global player in the insurance business, from AIG in 2010 when AIG was in financial distress. This shows that not all diversification moves erode performance.
a) true
b) false
Answer:
True
Explanation:
It is true that not all diversification erodes performance. That is it is not all diversification moves that reduces performance or destroys it. Sometimes diversification could lead to greater risks or greater costs of investment. By diversifying and acquiring Alico metlife was able to increase and expand globally
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three dimensional. How is he MOST LIKELY to add this foreground? A. B. C. D. He might change his position to include some foreground items such as rocks or grasses. He might tilt his camera up to better capture the tops of the hills. He might add some framing trees in the middleground of his image. He might circle around to the side of the hills to capture the cows standing on top. PLS HELP!!
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.
The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.
Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.
Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?
A. He might change his position to include some foreground items such as rocks or grasses.
B. He might tilt his camera up to better capture the tops of the hills.
C. He might add some framing trees in the middle ground of his image.
D. He might circle around to the side of the hills to capture the cows standing on top.
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why is it important to protect profit motive in a mixed economy
Answer:
A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality.
Explanation:
I looked it up, cause I don't know much about this stuff, but I hope it helps you!
the graph above reflects a significant increase in world oil prices. what will the impact on aggregate supply most likely lead to?
Since the graph reflects a significant increase in world oil prices, the impact on aggregate supply will result in an increase in input prices.
It should be noted that an increase in the prices of oil will affect the aggregate supply. The aggregate supply simply means the total supply of goods and services that are produced in an economy at a particular period.
The impact on aggregate supply most likely leads to an increase in the prices of inputs. Since there's a rise in prices of world oil, it'll lead to inflation and hence result in an increase in input prices.
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edward has a job that does not pay well but is personally meaningful. lisa, on the other hand, has a job that pays well but that bores her. what would the research on motivation predict?
Edward will be more joyful and perform better since he has high characteristic inspiration would the examination on inspiration foresee.
A kind of market research called motivational research tries to find out what really drives, wants, and needs people. Observation, in-depth interviews, and focus groups are all common methods for studying motivation.
Observation, focus groups, and depth interviews are the three most common methods of motivational research. Hypotheses about human motivations can be derived from observation in a productive manner. This method was first developed by anthropologists.
Motivation is a psychological phenomenon that comes from within an individual. A person experiences a lack of certain needs, which he perceives as necessitating more work. A person is motivated to perform better than he normally does by the need-satisfying ego.
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If washburn guitars were to lower the price of the maya pro dd75 to $2,499 from $2,699, sales of the guitar would increase 30 percent. This illustrates.
The Washburn guitars reduces their price from $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the product has an elastic demand.
What do you mean by elastic demand?When the price of a product has a massive effect on the quantity purchased is called Elastic demand. A product is stated to have an elastic demand if sales drop sharply in reaction to a growth in price, or sales spike whilst prices are decreased.
Thus, The Washburn guitars reduces their price from $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the product has an elastic demand.
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Factor-price equalization and labor-intensive goods. Tomczakistan's production possibilities frontier (PPF) is shown on the following graph. Currently, Tomczakistan is closed to international trade and producing at the grey point (star symbol) labeled Tomczakistan is going to trade with Leightvania, a country that is relatively rich in capital and was also previously closed to international trade. On the following graph, use the green point (triangle symbol) to indicate which way Tomczakistan will adjust its production by on of the two black points (plus symbol). Dashed droplines will automatically extend to both axes. Once trade begins, the price of labor in Tomczakistan . In Leightvania, the price of labor
The price of labor in Tomczakistan will increase, while the price of labor in Leightvania will decrease.
When Tomczakistan starts trading with Leightvania, it will be exposed to international competition and trade flows. Tomczakistan is relatively abundant in labor compared to Leightvania, which is relatively rich in capital. According to the theory of factor-price equalization, trade between countries with different factor endowments tends to equalize factor prices.
In this scenario, since Tomczakistan is relatively abundant in labor, it will specialize in and export labor-intensive goods to Leightvania. This increased demand for labor-intensive goods will lead to an increase in the price of labor in Tomczakistan. On the other hand, Leightvania, being relatively capital-abundant, will specialize in and export capital-intensive goods to Tomczakistan. This will lead to a decrease in the price of labor in Leightvania.
Therefore, as trade begins, the price of labor in Tomczakistan will increase due to the increased demand for labor-intensive goods, while the price of labor in Leightvania will decrease as it focuses on capital-intensive goods.
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T/F marketing activities often cost 50 percent or more of the selling price of a product or service.
TRUE.Making a marketing mix is the first stage in coming up with a marketing plan.For ultimate consumers versus corporate consumers, the decision-making process is different.
What does marketing say about the 80/20 rule?a theory that contends that 20% of a company's consumers account for 80% of its sales.a framework for connecting the various market groups of potential customers to the goods that a firm might supply or future marketing initiatives.
What does the marketing 70/30 guideline entail?According to the 70/30 rule, the salesperson should speak for just 30% of the discussion and listen for the other 70%.This 70/30 split does not imply that you should make your pitch in the first three minutes of a 10 min conversation before listening to the client talk for the next seven minutes.
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OJT is best for large groups.
True
False
Direction: Write HURRAY to statements that expresses correct thought and HEPHEP if not.
1. Production record reflects the list of the different crops grown in the farm in a particular year.
2. The use of flyer for marketing fruits and seedlings is convenient and cheap.
3. Web marketing involves both advertising and marketing efforts through email to current and prospective customers.
4. Email marketing includes e-commerce, promotional or informative websites, and online advertising on search engines.
5. Online marketing is the process of selling products to the market.
6. Social media marketing involves both advertising and marketing efforts via social networking sites.
7. Fruits are ready for harvest at the right degree of maturity.
8. Calamansi is best to harvest from July to October.
9. Cash record is the value received from cash sales and cash payments in a certain period.
10. August to November is the best time of the year to harvest soursop or guyabano and lanzones.
Answer:
1.hephep
2.hephep
3.hurray
4.hephep
5.hurray
6.hurray
7.hurray
8.hephep
9.hephep
10.hurray
hope its help
#carry on learning
Quantity Demanded Between the two prices $8 and 310, the price elasticity of demand is on demand curve D. and on demand curve
The price elasticity of demand between the prices $8 and $310 is different for demand curve D and demand curve.
The price elasticity of demand measures the responsiveness of quantity demanded to changes in price. It indicates how sensitive the quantity demanded is to changes in price. A price elasticity of demand value less than 1 indicates inelastic demand, meaning that a change in price has a relatively small impact on quantity demanded. A price elasticity of demand value greater than 1 indicates elastic demand, meaning that a change in price has a relatively large impact on quantity demanded.
To determine the price elasticity of demand between the prices $8 and $310 on demand curve D and demand curve, we need specific information regarding the quantities demanded at these prices. Without this information, we cannot provide a precise answer. The price elasticity of demand depends on the slope of the demand curve, which represents the rate at which quantity demanded changes with price. Steeper demand curves tend to have lower price elasticities, indicating less responsiveness to price changes. Flatter demand curves tend to have higher price elasticities, indicating greater responsiveness to price changes.
Therefore, the price elasticity of demand between the prices $8 and $310 can vary for demand curve D and demand curve, depending on their respective slopes. Without further information, it is not possible to determine the specific price elasticity of demand values for these curves.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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How did the 1973 oil crisis affect the United States?
O A. Oit prices suffered from deflation as a result of an embargo.
O B. Trade remained stagnant even as economic growth continued.
OC. Trade increased as a result of wars in the Middle East.
OD. Oil suffered from high levels of inflation.
Oil suffering from high levels of inflation is how the oil crisis of 1973 affected the United states.
What was Oil crisis?This took place around 1973 in which petroleum exports to the targeted nations were banned and cuts in oil production were introduced.
The low level of oil being available led to high levels of inflation which was why option D was chosen as the most appropriate choice.
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Answer: D. Oil suffered from high levels of inflation.
Explanation: Just took the test.
which wheel settings change when you mount the subframe incorrectly in the transverse direction? Check all that apply
TOE
CAMBER
STEERING AXIS INCLINATION (SAI)
CASTER
The wheel settings that change when you mount the subframe incorrectly in the transverse direction is "CASTER" (Option D)
What is Caster?Caster is the process of aligning a wheel with the direction of travel, which can be performed by caster displacement or caster angle. As with the front wheels of a shopping cart, caster displacement shifts the steering axis forward of the axis of wheel rotation. The steering axis is moved away from the vertical by the caster angle.
The caster angle, also known as the castor angle, is the angular displacement of the steering axis from the vertical axis of a steered wheel of a car, motorbike, bicycle, another vehicle, or watercraft as seen from the side.
Positive caster enhances the responsiveness of your vehicle while negotiating bends and the stability of your car when going at greater speeds. The sole disadvantage of a positive caster is that it increases the amount of effort required to steer your car.
Turning plates and a digital or bubble camber/caster gauge are the two most common methods for measuring caster angles. Measuring the upper and lower wishbone mounting points or the MacPherson strut angle.
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is 6 ft greater than 72 inches
mendez company has identified an investment project with the following cash flows. year cash flow 1 $ 780 2 1,050 3 1,310 4 1,425 a. if the discount rate is 8 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. if the discount rate is 17 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. if the discount rate is 25 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
a. The present value of the cash flows at a discount rate of 8 percent is $3,055.45.
This value is calculated by discounting each cash flow using the formula PV = CF / (1 + r)^n, where PV is the present value, CF is the cash flow, r is the discount rate, and n is the time period. At a discount rate of 17 percent, the present value of the cash flows is $2,408.29. This value is obtained by applying the same discounting formula to each cash flow. With a discount rate of 25 percent, the present value of the cash flows amounts to $2,010.11. Again, the discounting formula is used to calculate the present value of each cash flow. In summary, the present value of cash flows is influenced by the discount rate. A higher discount rate leads to a lower present value, reflecting the higher cost of capital and the increased importance of earlier cash flows in the calculation.
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Suppose the large market team in a league had to send a lump sum of $15 million per year to the small market in their league. According to our two team fixed talent model, how would this affect competitive balance?
Let's say that each year, the major market squad in a league would need to contribute $15 million in one flat amount to the league's tiny market team. Our two-team fixed potential model predicts that it won't
The model examines the impact of particular clubs' more win-oriented behaviour on talent savings, economic harmony, and club revenues. An annual release,
The World Trade Report aims to advance knowledge of trade trends, tariff challenges, and the international trading system as a whole. Because it requires team to allocate a comparable sum on player salaries, competitive balance is maintained.
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Which type of ebusiness marketing technique induces websites or users to pass on a marketing message to other websites or users, creating exponential growth in the message's visibility and effect
What should a company do to get immediate customer feedback about a product
Answer:
ig it would be email lol i need points
2) suppose a ten-year, $1000 bond with an 8% coupon rate and semiannual coupons is trading for a price of $1034.74. a) what is the bond's yield to maturity (expressed as an apr with semiannual compounding)? b) if the bond's yield to maturity changes to 9% apr, what will the bond's price be?
The bond's YTM increases to 9% APR with semiannual compounding, its price will decrease to $941.47.
To find the bond's yield to maturity (YTM), we can use the present value formula and solve for the discount rate (YTM) that makes the present value of the bond's future cash flows equal to its current price:
The bond's YTM increases to 9% APR with semiannual compounding, its price will decrease to $941.47.
a) PV = \((C / (1+r/2)^{n} ) + (C / (1+r/2)^{n-1} ) +.... + (C + FV / (1+r/2)^{n-1} )\)
PV =1034.74
b) price= \((40 / (1+0.09/2)^{1} ) + (40 / (1+0.09/2)^{2} ) +.... + (40 + 1000 / (1+0.09/2)^{0} )\)
Price = $941.47
Thus, if the bond's YTM increases to 9% APR with semiannual compounding, its price will decrease to $941.47.
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Each of the following is a feature of internal control except an extensive marketing plan. separation of duties. recording of all transactions. bonding of employees.
With the exception of a (A) comprehensive marketing strategy, each of the following is an aspect of internal control in the circumstance at hand.
What is internal control?Internal control is a procedure for ensuring that an organization's objectives in operational effectiveness and efficiency, accurate financial reporting, and compliance with laws, rules, and policies are met, according to the definitions of accounting and auditing.
Internal control is a comprehensive notion that encompasses all aspects of risk management for a company.
It is a method for managing, tracking, and evaluating an organization's resources.
It is crucial to the organization's efforts to identify and stop fraud as well as to safeguard its material (such as equipment and property) and intangible (such as human capital) resources (e.g., reputation or intellectual property such as trademarks).
Internal control objectives at the organizational level have to do with the accuracy of financial reporting, timely feedback on the accomplishment of operational or strategic goals, and adherence to legal requirements.
Therefore, with the exception of a (A) comprehensive marketing strategy, each of the following is an aspect of internal control in the circumstance at hand.
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Complete question:
Each of the following is a feature of internal control except an ____.
a. extensive marketing plan.
b. separation of duties.
c. recording of all transactions.
d. bonding of employees.
What are some ways you deal with stress at school or at home? How could you use those techniques in the workplace? PLZZZZZ!!!!
Some ways to deal with stress at school or at home is as follows:
1. Stop when you need to.
2. After finishing, treat yourself.
3. When you have free time, spend it with your loved ones.
4. Sleep for eight hours each night.
5. Never miss a meal and never skip breakfast.
6. Reflection
7. If you have a desk job, stand up and stretch your legs.
How to reduce stress at work?The APA poll revealed that individuals who often experience tension or stress at work are more than three times as likely to indicate they plan to look for employment elsewhere in the upcoming year (71% vs. 20%) than employees who don't experience such stress.
Employees who have some degree of autonomy over their work schedules tend to be happier than those who are subject to stricter work-hour regulations. Most employees value having flexible work hours because it allows them to escape traffic, exercise in the morning, or walk their pets before dusk. Allow staff to work from home if the job can be done remotely, or use a hybrid approach if it can.
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is it hard to get a job at chik fil a? kinda stupid question ik, I just really need money. if so any recommendations?
Answer: Maybe you can try getting a job at starbucks, mcdonalds, five below, etc. It depends how old are you.
Sylvester is 57 and his company is downsizing. He knows that his position is one that will be cut so he has started to prepare his resume to look for a new job. Hunter tells him not to bother, as he will not get another job, at least not one that is equivalent to his current job. He tells Sylvester that things have changed since Sylvester went to college and that he couldn’t realistically offer too much in the workforce today. Hunter is demonstrating a(n)
Answer:Age Stereotype
Explanation:
When Dunkin Donuts decided to expand into the international markets of India, Japan, and Argentina, management realized that there would be significant differences in the standards of living, credit, buying power, and income distribution in those countries. Dunkin Donuts is currently examining the ____ forces in its environmental analysis.
Answer:
economic
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Thus, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Economic forces can be defined as the factors that influence and determine the level of success, competitiveness and the direction of the economy in which a business firm operates in
In this scenario, Dunkin Donuts is currently examining the economic forces in its environmental analysis.
Basically, economic forces include the inflation rate, standards of living, unemployment rate, credit, law, purchasing power, tax rates, government policies, and income distribution of a particular country.