Answer:
B.
Explanation:
First of all, it's the only answer that make sense, because we're talking about competitive. So, in order to be competitive you need to offer goods or services with high quality and lower costa than the competition.
This is like a competitive rule for organisations. When a company has this ability, you can say that is a high competitive company.
Answer:
D. Lose because the mechanic could not have foreseen injury to Phillip.
A point outside a society's production possibilities curve is one that is A. unattainable given the resources of the society.
<h3>What is a Production Possibilities Curve?</h3>
This refers to the economic model that shows the cost of a society's choice when faced with the choice of different goods.
Hence, given the graphical curve, it can be noted when there is a point outside the production possibilities curve of a given society, this means that the goods are unattainable given the resources of the society.
Read more about Production Possibilities Curve here:
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Answer:
All factors influencing supply other than price of the commodity.
Explanation:
Supply shifters are all factors influencing supply (other than price of the commodity) such as relative price, level of technology, cost of production, weather, future price expectations, number of producers, natural disasters, government policy and aims of the producer. These factors can shift supply either to the left or right.