Answer:
D, are probably not engaged in intense competitive rivalry
Explanation:
A competitive analysis framework or framework of competitive analysis can be said to be an analysis model that is used to examine a competitor market structure. This in turn helps you to properly prepare or structure your market analysis.
There are about 5 competitive analysis frameworks. They include SWOT(strength Weakness Opportunity Threats), Porter's five forces, Strategic group analysis, growth share matrix, perceptual mapping.
In the case of Rapid-Built Homes and ModMod, they are not exactly involved in intense competitive rivalry because while Rapid-Built homes is a developed by real estate speculators, ModMod is a side business for two architecture professors. This means that selling of housing units by Rapid-Builts is the source of main income for the company while for ModMod, is it not the main source of income for the professors.
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Given the above scenario, the total production in the U.S. and Mexico will be maximized if Mexico focuses on Agricultural produce and the US on Manufactured produce.
<h3>What is product maximization?</h3>
Product maximization refers to the process via which two trading nationalities or entities focus on the goods where they have the least opportunity cost.
Thus, n this case, the total production in the U.S. and Mexico will be maximized if Mexico focuses on Agricultural produce and the US on Manufactured produce.
Learn more about Product Maximization at;
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Answer:
Nike buys a new machine that increases shoe production.
Explanation:
An economic investment is when you pay for new additions to the capital stock or new replacements for capital stock that has worn out.
It refers to the net additions to the capital stock of the society which consists of goods and services that are used in the production of other goods and services.
Addition to capital stock means an increase in buildings, plants equipments and inventories over the amount of goods and services that existed.
Answer:
see below
Explanation:
1. Personal Savings
The sole trader can invest his savings into his business for expansion. A sole trader who is confident about his business's prospects will be prepared to invest additional savings into the business for growth. The use of savings relieves them from the strain of interest payments and enables them to retain full control over the business.
2. Sale of Assets
Should a sole trader require funds to expand their business, they opt to dispose of some of their assets. If the trader does not have savings or retained earnings and have a property registered in their name, they may decide to sell it to raise capital.
Fires create external costs because they spread from one building to another. If the government wants to reduce the external costs of fires, <span>should it encourage subsidies for sprinkler systems.
Adding sprinkler systems can reduce the amount of fires that happen and spread because as soon as the fire starts, the sprinklers can put it out. Though these are costly, which they range in price depending on the system type and amount they are able to weigh the pros and cons of the system.
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