The answer is; "these sites have <span>increased the cross-price elasticity for substitute products".
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When we evaluate the responsiveness
of the demand for any good towards the change in the price of a related good
is known as cross price elasticity of demand and it is
always measured in terms of percentage.
Answer:
human capital is more important than financial capital
Explanation:
To Steve human capital is the building blocks of the foundation of the company. The financial capital can be sourced from various sources but human capital takes time and effort to produce qualitative results which can't be replaced easily.
<span>While the US Government generally let the economy regulate itself from 1865-1900, whenever there was conflict that arose, it tended to sie with industries. After the rise of the labor unions and the populist movements,. the government then began to regulate the industry more so that they could protect the citizens of the country.</span>
Answer:
A) Country 1's PPF lies further to the right than country 2's PPF.
Explanation:
Production Possibility Curve shows the combination of two goods, that an economy can produce - by utilising given resources & technology best efficiently.
If country 1 produces twice the output of both goods compared to country 2. Then, country 1's PPF would lie further to the right than country 2's PPF. As, more quantities implies rightward shifted PPC, signifying more quantities of goods that can be produced.
Efficient or inefficient production leads to production inside or on PPC, doesn't shift PPC. Population change is also irrelevant in this case.
