6 Discuss 2 explanations economists give for the slow recovery after the Great Recession
Answers
Two explanations that economists give for the slow recovery after the Great Recession are: Low interest rates coupled with the decline in wages and high debt levels Suboptimal policies that fail to address the problem.
1. Low interest rates coupled with the decline in wages and high debt levels The first explanation that economists give for the slow recovery after the Great Recession is that it is caused by the decline in wages, high debt levels, and low-interest rates. This combination led to low spending levels, decreased investment, and low GDP growth rates. The decrease in interest rates was a response to the Great Recession as it aimed to encourage investment and boost economic growth. Nevertheless, instead of leading to an increase in consumer spending, the low-interest rates led to higher levels of debt as individuals and corporations took advantage of the low-interest rates to borrow money. This, in turn, led to the decline in wages as corporations attempted to cut their costs to pay for their debt.
2. Suboptimal policies that fail to address the problem The second explanation that economists give for the slow recovery after the Great Recession is that the suboptimal policies that were put in place failed to address the problem. After the Great Recession, governments responded by adopting expansionary fiscal policies to stimulate the economy. However, many of these policies were not well-designed and did not address the underlying problems that led to the Great Recession in the first place. For example, governments that introduced tax cuts were criticized for not adequately addressing the issue of high debt levels. Additionally, some governments focused on cutting public spending rather than investing in public infrastructure or other policies that would have created jobs and stimulated economic growth. Therefore, the suboptimal policies that were put in place failed to address the problem of low GDP growth rates, high debt levels, and decreased investment.
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Related Questions
The U.S. Customs Service is a main source of data forC.Ig.G.Xn.
Answers
The U.S. Customs Service is indeed a primary source of data for C.Ig.G.Xn. The agency is responsible for enforcing laws and regulations related to the import and export of goods, including the monitoring and reporting of any suspicious or illegal activity. As a result, the Customs Service collects a vast amount of information on trade flows, cargo shipments, and other relevant data that can be used by C.Ig.G.Xn to identify potential threats and investigate criminal activity.
To further elaborate on this, it is important to note that the Customs Service operates a number of different databases and systems that allow for the collection, analysis, and dissemination of trade-related information. For example, the Automated Commercial Environment (ACE) is a web-based system that allows importers, exporters, and other stakeholders to submit electronic data to the Customs Service, which can then be used to track and monitor shipments. The agency also operates the Automated Commercial System (ACS), which provides real-time access to trade data for Customs officials and other authorized users.
The U.S. Customs Service plays a crucial role in providing data and information to C.Ig.G.Xn, allowing the agency to identify potential threats and investigate criminal activity related to trade and commerce.
By leveraging the vast amount of trade-related data collected by the Customs Service, C.Ig.G.Xn is better equipped to protect national security and safeguard the integrity of the global trading system.
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Agency law is similar to contract law in that both an agency and a contract may be terminated by the parties or by operation of law.
a. True
b. False
One or more parties may terminate an agency relationship by placing into the agreement a time period for termination. When that time _______ , the agency ends. In addition, the parties can specify that the agency is for a particular ________ . Once that is achieved, the agency ends. Alternatively, the parties can include a specific event as a trigger for termination; once that event _______, the agency ends. The parties can terminate an agency relationship prior to any of the preceding events by ______ agreement, or revocation by ______ individual party.
Answers
Answer:
1. True.
2. Expires; purpose; occurs; mutual; either.
Explanation:
An agency can be defined as a mutual relationship existing between two parties, wherein a principal authorizes the agent to act as the principal's representative or on his behalf (fiduciary role) in dealing with third parties.
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
The parties entering into a contractual agreement are obligated to terminate an agency relationship by placing into the agreement a time period specifying the termination. Thus, when that time elapses or expires, the agency between the parties involved ends. Furthermore, the parties involved may specify the particular purpose for which the agency is established. Once that purpose is achieved, the agency ends.
Over which interval does f have an average rate of change of zero?
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To determine over which interval f has an average rate of change of zero, we need to find the points on the graph where the slope is zero. This means that the function is neither increasing nor decreasing at those points, resulting in an average rate of change of zero.
To find these points, we need to calculate the derivative of the function f and solve for when it equals zero. The resulting values will give us the x-coordinates of the points where the function has an average rate of change of zero.
Once we have these x-values, we can determine the interval(s) over which f has an average rate of change of zero. This will be the range of values between the x-values where the slope of the function is zero.
However, without the actual function f, we cannot determine the specific interval(s) over which it has an average rate of change of zero. We would need more information about the function in order to make a more precise determination.
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How is a bank analyzed from a financial standpoint, and what are
the profitability measures? Which ratios are typically used?
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From a financial standpoint, the analysis of a bank is done by assessing its profitability. Financial institutions usually report their financial statements quarterly, making it easier to measure their performance.
Bank profitability can be analyzed through several metrics, including the following:Net interest margin (NIM) - It measures the profitability of lending activities. Net interest margin is determined by dividing net interest income by total assets.Efficiency ratio - The efficiency ratio compares operating expenses to net revenue. The ratio is expressed as a percentage and is determined by dividing expenses by revenue.Return on assets (ROA) - ROA is calculated by dividing net income by total assets. It measures how well a company uses its assets to generate earnings.Return on equity (ROE) - ROE compares net income to shareholders' equity.
The following ratios are commonly used in analyzing banks:Capital adequacy ratioLiquidity ratioAsset quality ratioCredit risk ratioOperating expense ratioNet interest margin (NIM)Efficiency ratioReturn on assets (ROA)Return on equity (ROE)Price-to-earnings (P/E) ratioGross non-performing loans to gross advances ratio (GNPA)Net non-performing loans to net advances ratio (NNPA)Loan loss coverage ratio (LLCR)Provision coverage ratio (PCR)In conclusion, banks can be analyzed from a financial standpoint using profitability measures and ratios.
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Seatbelts in a vehicle are in compliance with what basic right covered by the
Consumer Bill of Rights?
A. The right to be heard
B. The right to be informed
C. The right to choose
D. The right to safety
Answers
Answer:
D: The right to safety.
Explanation:
The right to safety is covered by the Consumer Bill of Rights, which is why seatbelts in a vehicle are required to ensure the safety of passengers. Therefore, option D is correct.
What are the Consumer Bill of Rights?The Consumer Bill of Rights is a set of four fundamental rights that consumers are entitled to when purchasing goods or services. These rights include:
The right to safety - Consumers have the right to expect that products and services are safe to use and that potential hazards are minimized or eliminated.The right to be informed - Consumers have the right to accurate and complete information about products and services, including ingredients, performance, and risks.The right to choose - Consumers have the right to choose from a range of products and services at competitive prices.The right to be heard - Consumers have the right to have their voices heard and to receive prompt and appropriate response to complaints.
The Consumer Bill of Rights was originally outlined by President John F. Kennedy in a speech to Congress in 1962, and has since been adopted by various organizations and governments around the world.
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please help me ive been stuck on this problem :( ((update i solved it))
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The return on equity that Pam would have is going to be 10 percent.
What is meant by Return on Equity?Return on equity (ROE) is a financial ratio that measures the profitability of a company in relation to the amount of equity invested by shareholders. It is calculated by dividing net income by shareholder equity.
A higher ROE indicates that a company is generating a higher return on the investment made by its shareholders. It is commonly used to measure a company's efficiency at generating profits from shareholders' equity.
The formula is given as
net income / shareholders equity * 100
= 100 / 1000 * 100
= 0.1 * 100
= 10%
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whether the economy is in a recession is illustrated in the ad/as model by how close the _____________________ is to the potential gdp line.
Answers
Answer:
The answer is equilibrium
Explanation:
Whether the economy is in a recession is illustrated in the ad/as model by how close the equilibrium is to the potential gdp line.
risk of having a dog walking business
25 POINT!
Answers
Answer:
if anything happened to the dogs the people would be responsible
what determines the type of economic system a country has: a. political beliefs of the country's ruler b. the way the basic economic questions are answered c. the resources of the country d. the demands of the people
Answers
The type of economic system a country has is determined by the way the basic economic questions are answered. Option b. the way the basic economic questions are answered is the correct answer.
The basic economic questions are what to produce, how to produce, and for whom to produce.
Economists and political scientists classify economic systems into four types: traditional, command, market, and mixed.
In a traditional economy, the allocation of resources is determined by the customs, traditions, and beliefs of the people.
In a command economy, the government decides how resources will be allocated.
In a market economy, individuals and firms decide how resources will be allocated.
Lastly, in a mixed economy, some resources are allocated by the government while others are allocated by individuals and firms.
Thus type of economic system a country has is determined by the way the basic economic questions are answered. Option b. the way the basic economic questions are answered is the correct answer.
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Select all the correct answer.
What type of factor of production is a bulldozer?
Oland
O labor
O capital
O entrepreneur
Answers
Answer:
capital
Explanation:
bulldozer is bought with capital.
State 2 secondary market research Ford mothers could use
Answers
Explanation:
Secondary market research includes data that is already compiled and organised for you. Examples of secondary information include reports and studies by government agencies, trade associations or other businesses within your industry.Ford conducts market research online and in person, refining and creating new data-gathering processes that influence product development and marketing campaigns. The company engages consumers through moderated clinics and through one-on-one interviews before vehicles reach market.
an economist believes that inflation is caused when there is too much money chasing too few goods this Theory can be best described as
Answers
The theory that inflation is caused when there is too much money chasing too few goods can best be described as the Quantity Theory of Money.
The Quantity Theory of Money is a classical economic theory that suggests a direct relationship between the money supply in an economy and the price level of goods and services. According to this theory, an increase in the money supply, all else being equal, will lead to an increase in the overall price level of goods and services.
The key idea behind this theory is that if there is too much money in circulation relative to the number of goods and services available for purchase, individuals will bid up the prices of those goods and services, leading to inflation. Conversely, if the money supply is reduced, prices will decrease.
While the Quantity Theory of Money has been subject to criticism and refinement over the years, it remains an important theoretical framework for understanding the relationship between money and prices in modern economies.
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By the mid-eighteenth century, the different regions of the British colonies had developed distinct economic and social orders. Identify the economic and social orders. identify the economic and social orders of each of the regions, and note that not all
Answers
By the mid-eighteenth century, the British colonies in North America were divided into three regions: the New England colonies, the Middle colonies, and the Southern colonies.
What are the economic and social orders of each of the regions?Each region had its own distinct economic and social order:
The shipbuilding and fishing industries played a significant role in the development of the New England colonies. There was a significant merchant class, and the economy was primarily dependent on trade with Europe and the West Indies. Puritanism ruled the social order, and there was a rigid moral code in place.
A more varied economy than the New England colonies existed in the Middle colonies, where manufacturing, trade, and agriculture all play significant roles. A mixture of English, Dutch, and German settlers made the area more ethnically diverse. With greater religious tolerance and a laxer moral code than the New England colonies, the social order was more liberal.
The Southern Colonies: Tobacco, rice, and indigo were the principal crops in the agriculturally centered Southern colonies. Slaves made up a significant portion of the population, and a plantation-based nobility controlled the social structure. The Southern colonies had a more hierarchical economic and social structure with a stark division between the affluent plantation owners and the lower classes, including slaves and low-class whites.
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in which order from top to bottom is the order of the unadjusted trial balance
Answers
The order of the unadjusted trial balance is typically arranged in the following order from top to bottom:
Assets (current assets first, followed by long-term assets)Liabilities (current liabilities first, followed by long-term liabilities)Equity (capital, retained earnings, and any other equity accounts)Revenues (all income accounts)Expenses (all expense accounts)An unadjusted trial balance is a list of all the accounts in a company's accounting system and their balances at a specific point in time, usually at the end of an accounting period. The purpose of an unadjusted trial balance is to ensure that the total of all debits equals the total of all credits in the accounts before any adjusting entries are made.
The unadjusted trial balance is typically presented in the following order from top to bottom:
Assets: This section includes all the accounts that represent the resources owned by the company, such as cash, accounts receivable, inventory, and property, plant, and equipment.Liabilities: This section includes all the accounts that represent the company's obligations, such as accounts payable, notes payable, and long-term debt.Equity: This section includes all the accounts that represent the owners' stake in the company, such as common stock, retained earnings, and dividends.Revenue: This section includes all the accounts that represent the company's earnings from the sale of goods or services, such as sales revenue, service revenue, and interest revenue.Expenses: This section includes all the accounts that represent the company's costs of doing business, such as cost of goods sold, salaries and wages expense, rent expense, and utilities expense.The order of presentation may vary depending on the accounting software or system used, but the above order is the most common one.
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An employee in charge of collecting tickets at the entrance of a movie theatre lets her friends enter the theatre without paying for tickets. She thinks it is fine to do so because the employees at the popcorn bar give free popcorn to their friends. This type of rationalization is based on
Answers
The type of rationalization made by the employee is based on other employee are doing it.
Rationalization refers to when individual attempt to justify a behavior with logical reasons even though those reason are not appropriate.
Here, the employee does rationalize giving free entry to her friend because other employee gives free popcorn to their friends.Hence, the type of rationalization made by the employee is based on other employee are doing it.
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Example of how a marketer might use specific customer and product information from a database to plan future marketing activities.
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Answer: How can database driven marketing communication programs help personalize interactions with customers? It can be used to create unique marketing programs for customer clusters. Data can be used to develop communications aimed at specific individuals or clusters of individu
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If a student's time value of money rate is 27%, then the student would be indifferent between $240 today and how much in 1 year?
Answers
Hello! I'm happy to help you with your question. In order to calculate the equivalent amount in 1 year that the student would be indifferent to receiving $240 today, we will use the formula for future value (FV) of a single sum:
FV = PV * (1 + r)^n where:
- FV is the future value (the amount in 1 year)
- PV is the present value ($240 in this case)
- r is the interest rate (27% or 0.27 as a decimal)
- n is the number of years (1 year in this case)
Step 1: Convert the interest rate to a decimal: 27% = 0.27
Step 2: Add 1 to the decimal interest rate: 1 + 0.27 = 1.27
Step 3: Raise the result from step 2 to the power of the number of years (1): 1.27^1 = 1.27
Step 4: Multiply the present value ($240) by the result from step 3: 240 * 1.27 = $304.80
So, the student would be indifferent between receiving $240 today and receiving $304.80 in 1 year at a 27% time value of money rate.
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verify describe the distillation process of alcohol
Answers
5. The demand for professional education is increasing these days. Put your views to support the
statement.
Answers
Answer:
Professional education helps to rectify the errors in business
Explanation:
QUESTION 13 of 20: You own a dance studio. You have assets of $512,667 and equity of $268,964. What is your liabilities total?
оооо
a) $243,703
b) $268,964
c) $512,667
d) $781,631
Answers
Answer:
243,703
Explanation:
A transformer has a primary voltage rating of 240 v and a secondary voltage rating of 80 v. If connected in a subtractive configuration what would be the voltage output
Answers
In a subtractive configuration, the secondary voltage is subtracted from the primary voltage. This configuration is commonly used in transformers to achieve step-down voltage transformation.
In the given scenario, the primary voltage rating is 240 V, and the secondary voltage rating is 80 V. When connected in a subtractive configuration, the secondary voltage is subtracted from the primary voltage to obtain the voltage output. By subtracting 80 V from 240 V, we get a voltage output of 160 V. This means that the transformer will step down the voltage from 240 V to 160 V.The subtractive configuration is used when the desired output voltage needs to be lower than the input voltage. It is commonly employed in applications where a lower voltage is required, such as in residential electrical systems where high-voltage utility power needs to be stepped down to a safe and usable voltage for household appliances.It's important to note that the subtractive configuration refers specifically to the connection of the windings in the transformer and the resulting polarity relationship. By subtracting the secondary voltage from the primary voltage, the phase relationship between the primary and secondary voltages is maintained.By employing the subtractive configuration in the transformer, a step-down voltage transformation can be achieved, providing a voltage output of 160 V based on the given primary and secondary voltage ratings.
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Pharoah Company ended its fiscal year on July 31, 2020. The company's adjusted trial balance as of the end of its fiscal year is as follows. Pharoah Company Adjusted Trial Balance July 31, 2020 Account Titles No. Debit Credit 101 112 $10,100 8,900 15,700 157 158 201 $7,300 4,100 2,100 47,100 208 Cash Accounts Receivable Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Owner's Capital Owner's Drawings Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense 301 306 16,000 400 429 64,100 6,200 711 726 732 8,600 56,300 15,300 $130,900 $130,900 Post to Owner's Capital and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e... (45).) Owner's Capital No. 301 Balance Date Explanation Debit Credit July 31 July 31 July 31 Income Summary No. 350 Date Explanation Debit Credit Balance July 31 July 31 July 31 SHOW LEST OF ACCOUNTS Prepare a post-closing trial balance at July 31, PHAROAH COMPANY Post-Closing Trial Balance Debit Credit Totals
Answers
Closing entries transfer temporary account balances to Income Summary and Owner's Capital accounts. A post-closing trial balance confirms all accounts have been adjusted, and Owner's Capital balance is correct.
To post to the Owner's Capital account, we need to close the temporary accounts of Service Revenue, Rent Revenue, Depreciation Expense, Salaries and Wages Expense, and Utilities Expense. We will use the Income Summary account to do this.
First, we will transfer the balances of the temporary accounts to the Income Summary account by debiting or crediting them as necessary. Then, we will transfer the balance of the Income Summary account to the Owner's Capital account. The resulting journal entries are as follows:
Service Revenue $64,100
Rent Revenue 8,600
Income Summary $72,700
Depreciation Expense 15,300
Salaries and Wages Expense 56,300
Utilities Expense 8,600
Income Summary $80,200
Income Summary $80,200
Owner's Capital $80,200
Next, we can prepare a post-closing trial balance to ensure that all accounts have been properly adjusted and that the Owner's Capital account reflects the correct balance after closing the temporary accounts. The post-closing trial balance includes only permanent accounts and should show equal debits and credits. The resulting post-closing trial balance for Pharoah Company at July 31, 2020, is as follows:
Pharoah Company
Post-Closing Trial Balance
July 31, 2020
Debit Credit
Cash $10,100
Accounts Receivable 8,900
Equipment 16,000
Accumulated Depreciation-Equip. 4,100
Accounts Payable 2,100
Unearned Rent Revenue 400
Owner's Capital 80,200
Totals $39,100 $39,100
In summary, the process of closing the temporary accounts and transferring the balances to the Owner's Capital account results in a post-closing trial balance that only includes permanent accounts.
This helps ensure that all accounts are properly adjusted and provides an accurate representation of the company's financial position at the end of the fiscal year.
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Ryanair advertised the lowest rates in Europe with fares of $12 between Paris and Munich. However, when Bill arrived at the airport, he had to pay $28 in taxes, $25 for one small carry-on bag, $6 for a non-alcoholic beverage, and $2.50 to use the restroom on the plane. Between Ryanair and the customer there is a ______ gap.
Answers
Answer:
Explanation:
Communication gap
When an ad says “best offer”, what does that mean?
A.The owner wants money than the car is worth
B.The owner may accept less money than the asking price
C.The owner wants no less than what the car is listed for
D.The owner has B.O. and is trying to get rid of the car
Answers
Answer:
B
Explanation:
Markets, such as the new york stock exchange and your local retail store, are ______ markets.
Answers
Local retail store and new york stock exchange are known as formal markets.
What is a formal market?Formal market is a type of market where sellers have fixed location. This means that formal sellers advertise their posted price and location in this type of market.
Formal market are organized market wherein sellers can publicly advertise their prices and locations.
Examples of formal market are :
Stock marketCommodity exchangesTherefore, formal markets are markets such as the new york stock exchange and your local retail store.
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in the third step of the strategic management process, managers should:
Answers
In the third step of the strategic management process, managers should: Establish the organization's objectives .
Strategic management process simply means to formulate organization strategic that will enables the organization to achieve their goals and objectives.
When managers formulate a strategy it means that they are establishing and setting the direction for their business as this will help to designate the kinds of activities that will make their plan to become a reality.
When it comes to strategic management process It is important that managers establish objectives they want to achieve when planning to take action that will help implement the plan and vision the organization has for the future.
Inconclusion In the third step of the strategic management process, managers should: Establish the organization's objectives.
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in the hecksher-ohlin model, a change from autarky to trade will hurt the owners of group of answer choices labor technology the relatively scarce factor of production the relatively abundant factor of production capital
Answers
Last option is correct. In the hecksher-ohlin model, the shift from subsistence to trade harms the owners of factors of production.
Factors of production are the inputs required to create goods or services, and factors of production include land, labor, entrepreneurship, and capital.
Those who control the factors of production often enjoy the greatest wealth in society. In capitalism, the factors of production are controlled primarily by entrepreneurs and investors. In socialist systems, governments (or communities) often have greater control over the factors of production. A factor of production is an economic term that describes the inputs used in the production of goods or services to achieve economic profit.
It contains all the resources needed to create a product or service. Factors of production are land, labor, capital and entrepreneurship. The level of technological progress influences all factors of production and can explain all efficiencies independent of the four typical factors. Soil as a production factor can mean agriculture and farming to exploit natural resources.
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State any five occupation in public sector? Explain any one of them.
Answers
Explanation:
social worker
physiotherapist
welfare right officers
drug abuse worker
care worker
physiotherapist: It is a health related profession that deals with the treatment of the dysfunctional human organs through therapy. +2 level or certificate level in science with minimum 50% is required to do this particular job.
You drink 19 beers to celebrate the end of your risk management and insurance class, then have an accident while driving home from the bar. The police charge you with drunk driving, and with hitting another automobile from behind. What will your automobile insurer do when you file a claim for the damage to your car, and, what will it do when the injured people in the other car file claims to have their bodily injuries paid for
Answers
Answer: The insurer will pay for claims that was insured for or that which the insurance package covers.
Explanation:
Insurance could be described simply as a cover for damages done either in the present or future to be able to curb losses. Insurance companies offer various packages or insurance covers to the client, ranging from house, to cars and other various insurance cover. The insurance company will pay the claim for the accidents but this would be based on the particular claim that was insured for because the Insurance company won't pay for claim that wasn't insured, it would be a loss on their side
How is the value of a product determined?
Answers
Answer:
One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.