I think it is D ...... sorry if it is wrong .-.
<u>Answer:</u> Option D
<u>Explanation:</u>
The personal finance success of the person depends on the money managing behavior rather than the knowledge. If more money is spent then the individual looses the opportunity to make investments and save for the future.
Increased spending without saving also has the risk of increased debts and increases the stress. The savings is low for many people and for the purpose of spending money they borrow money. A person who has more debts it keeps him from building assets and investments.
Answer:
b. exit barriers are high
Explanation:
Declining industries are those industries wherein the industry has saturated and experiences a negative growth. The characteristic of such industries being the products are lesser in demand.
For instance, cassettes and magnetic tapes industry was in demand until the arrival of more advanced forms such as compact discs and usbs, post which those industries turned into declining industries.
A declining industry with high barriers to exit would experience a greater competition since the barriers would encourage competition instead of withdrawal. And with higher costs of withdrawal, the firms continue producing at negative growth.
The demand for silver decreases, other things equal, when the gold market is suddenly expected to boom.
This is the logical consequence of the fact that silver and gold are used as investment commodities to preserve the value of your assets. If market predicts a quick increase in the prices of gold, the market will sell its assets in silver to purchase assets in gold to make a greater profit.
