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.
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A business plan will help Frederick attract and persuade investors. A business plan is primarly used to explain the business to potential stakeholders like investors.
Answer:
Geographical area
Explanation:
Product differentiation which is based upon different functionality is referred to as Horizontal differentiation.
Product differentiation refers to a mechanism whereby a manufacturer makes his product unique and slightly different from similar products offered in the market by competitors. Such an attribute helps a customer in product identification.
Product differentiation can be achieved by different packaging, changing product appearance, product quality or added functionality.
Horizontal differentiation takes place when products which belong at the same level differ slightly based upon different functions or uses they offer.
While a firm uses horizontal differentiation for it's products, it divides itself into subunits based upon functions , type of business and geographical area. It means each subunit focuses on it's own functions i.e the kind of differentiated products the sub unit shall produce, serving the requirements of a specific geographical area.
Answer:
Miguel's transaction will be recorded as a credit to the current account and a debit to the capital account.
Arielle's transaction will be recorded as a credit to the current account and a debit to the financial account.
US government's transaction will be recorded as a credit to the financial account and a debit to the capital account.
Explanation:
Answer:
c. increasing the money supply. To increase the money supply it could buy bonds.
Explanation:
In the case when fed wants to decreased the rate related to the federal funds so here the money supply should be increased also in order to increased the money supply we need to purchased the bonds
Moreover, the increase in money supply should be equivalent to the reduction in the interest rate
Therefore the option c is correct
