Answer:
upper-left quadrant
Explanation:
A product that represents a novel idea requiring little financial investment would be displayed in the <u>upper-left quadrant</u> of the entrepreneurial strategy matrix.
A model of entrepreneurial venturing uses a four-cell matrix to identify proper business strategies. This matrix involves reducing risks and increasing innovation within a cell.
<span>Federal Trade Commission were formed for those very purpose.
</span><span>Federal Trade Commission is an independent agency that established in united states. The purpose of this organization is to ensure customer protection from dishonest practices and eliminate various illegal business strategies to create a fairer competitive environment.</span>
Answer:
Comparative advantage
Explanation:
Comparative advantage - In economic it is refer to that advantage that one have more ability to provide products and it's service at lower price than competitor.
In the given question, countries in south america has more advantage o producing efficient coffee than other counties due to preferable climate
Answer:
The maximum possible change in real GDP is $25 million
Explanation:
Data provided in the question:
Increase in investment = $5 million
Marginal propensity to consume = 0.8
Now,
Spending multiplier, m = 1 ÷ [ 1 - Marginal propensity ]
or
m = 1 ÷ [ 1 - 0.8 ]
or
m = 5
Therefore,
Increase in GDP = m × Increase in investment
or
Increase in GDP = 5 × $5 million
or
Increase in GDP = $25 million
Hence,
The maximum possible change in real GDP is $25 million