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kumpel [21]
4 years ago
14

A production possibilities​ frontier:

Business
1 answer:
jek_recluse [69]4 years ago
6 0
Shows how participants in the market are linked.
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Unilever discovered that people in emerging economies could not afford to buy standard sizes of toothpaste or shampoo, so Unilev
Nata [24]

This is an example of reverse innovation.

<h3><u>Explanation:</u></h3>

Reverse innovation is the process by which the goods are produced as an inexpensive model for the purpose of meeting the requirements of the nations. It is an important phenomenon for the GDP growth of any nation. It also gives an opportunity for learning by engineering students.

In the given example, Unilever found that people in the emrging econmies will not affod buying toothpastes or shampoos of standard size and hence they decided sell single serve packets at lower prices. It also worked in U.S too. This is an example of Reverse Innovation.

3 0
3 years ago
The biggest factor in determining the price of a mortgage is:
kozerog [31]

I believe the answer is: c. interest rate

In mortgage we let an orgniazation (such as bank)  to took ownership of a certain property that we want. We then pay the organisation with a certain amount of payment plus interest, and the ownership would be transferred to us after we complete all of the payment.

In this process, interest rate is the profit that the organization would take for their service. As the interest rate become lower, the amount of mortgage price would typically increased, and vice versa.

4 0
3 years ago
What was the first state to make july fourth an official holiday?.
kaheart [24]

The first state to make July fourth an official holiday is Massachusetts.

<h3>What is the significance of July fourth?</h3>

The yearly celebration of nationhood in the United States is known as Independence Day is mainly known as  July 4th. It celebrates the Continental Congress's adoption of the Declaration on July 4, 1776.

The American activist Douglass opposed the celebration as the rights of African American slaves were denied. This celebration is hypocritical and unfair according to him because it ignores a group of individuals.

He believes that as a result, Americans should be saddened, as the day serves as a reminder to all of them of the violence done against African Americans.

Learn more about July fourth, here:

brainly.com/question/11430576

#SPJ1

6 0
2 years ago
The introduction of automatic elevator equipment allowed firms to handle the movement of people in a multistory building at less
ad-work [718]

Answer:

The marginal product of automatic elevator equipment divided by its price was greater than that for elevator operators

Explanation:

Since in the question, it is mentioned that the automatic elevator introduction permit the firms to handle the movement of the people at least cost also it declines the demand for the operators of the elevator

This represents that the marginal product of elevator equipment would be divided by price and also it is more than for operators who are dealing in elevators

5 0
4 years ago
Assume that price level in the ABC Islands, a U.S. trading partner, increases signalling inflation in the economy. Using aggrega
lubasha [3.4K]

Answer:

The effects of inflation in the U.S. trading partner, will pass through the U.S. economy in the form of exports: since the U.S. imports goods from ABC islands, the higher prices in the ABC islands will make imports from there more expensive, contributing to a small raise in inflation in the overall U.S. economy.

However, exports from ABC Islands are likely to be a small component of U.S. Aggregate demand, so the effect in overall inflation is likely to be small.

Despite this, the fed can step in and raise interest rates by contracting the money supply. This is contractionary monetary policy, and it is used when inflation is rising. It lowers the value of the U.S. dollar in international markets, but it increases output price level.

8 0
3 years ago
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