<span>The answer is True. The four factors mainly used for production is, Land(means natural resources and technology), labor(working people for dedication to work), capitol(investment and government assistance totally that represent services) and entrepreneurship(the activity of setting up a business).</span>
Answer:
vertical integration
Explanation:
In this case, Luxury Linens is both producing and selling their products. This means that they vertically integrated the sales channel.
There are two types of integration strategies:
- vertical integration: e.g. when a producer decides to acquire a supplier or decides to produce their own supplies and not buy them from someone else. Or the producer can decide to start selling and distributing their products directly to the final customers.
- horizontal integration: e.g. when a large online retail store like Amazon decides to acquire or start operating other types of retail stores like Whole Foods or other brick and mortar stores. A company will acquire or merge with another company that operates in the same level.
Absolute Advantage is the ability of an individual or group to carry out a particular economic activity more efficiently than another individual or group.
Comparative Advantage is the ability of an individual or group to carry out a particular economic activity (such as making a specific product) more efficiently than another activity.
The producer that requires a smaller quantity inputs to produce a good is said to have an absolute advantage in producing that good. Comparative advantage refers to the ability of a party to produce a particular good or service at a lower opportunity cost than another
Answer:
1) A 2) B 3) D 4) C
Explanation:
You see you take them and think what they could mean like "reliable" means to trust or confide yourself to that person/place/or/and thing.
Immediantly after it happens
