Answer:
An isoquant is a curve that shows the least-cost combinations of inputs that can produce a given level of output.
Explanation:
- Isoquants are lines of equal values that are meant to show a set of points that have the same quantity of output when changing the quantities of more than two inputs.
- It also shows an extent to which the firm has the ability to substitute two or different products to attain the same level of the outputs.
Excess Demand is occurring.
This means that the amount of supply in a market cannot keep up with demand.
Answer:
premises
Explanation:
The grocery store incurs premises liability for his injuries. This form of liability is a legal concept that has to do with personal injuries that have been caused by some form of unsafe or defective conditions on someone's property, usually due to negligence. This is exactly what happened in this scenario since it was negligent of the store to not have cleaned up the mess made by the broken eggs which ultimately caused Johnny to fall.
Answer:
b) line extension
Explanation:
this is definition so I can't tell you any clearer.
if you wish to deeper on what is line extension, I suggest you to read more in this link https://en.wikipedia.org/wiki/Product_line_extension
The bank must notify U.S. Treasury Department.
Hope this helps!!