Answer:
High entry costs prevent new producers from entering the market. ... Producers actively segment the market to avoid competition. High entry costs prevent new producers from entering the market.
Explanation:
Hope this helps:)
~Kisame'sAbs
Answer:
The government can increase spending or decrease taxes.
Explanation:
In order to correct recessionary gap, the government can adopt expansionary fiscal policy. The government can increase spending, it will increase production, employment and aggregate income.
The other tool that the government can use is taxes. The government can decrease the tax rates. This will cause the disposable income of the consumers to increase. This will further cause the consumer spending to increase. As a result, production, employment, and aggregate demand will increase.
Answer:
Casey's opportunity cost of producing 1 kg of potatoes is 5 kg of steak.
Casey's opportunity cost of producing 1 kg of steak is 0.2 kg of potatoes.
Rick's opportunity cost of producing 1 kg of potatoes is 3 kg of steak.
Rick's opportunity cost of producing 1 kg of steak is 0.33 kg of potatoes.
Casey should produce steak while Rick should produce potatoes, since Rick has a comparative advantage in producing potatoes (lower opportunity cost) and Casey has a comparative advantage in producing steak.
As long as the price of steak per kilogram of potatoes is less than 5 kg of steak and more than 3 kg of steak, then both would win. In order for both of them to win is a similarly proportional way, the exchange price should be 4 kg of steak per kg of potatoes.
Answer:
c- a list of items to be discussed at a formal meeting.
a- a period of time equal to sixty seconds or a sixtieth of an hour.
b-a written message in business or diplomacy
d-a message sent by telegraph and then delivered in written or printed form.
e-a pictorial symbol for a word or phrase. Pictographs were used as the earliest known form of writing, examples having been discovered in Egypt and Mesopotamia from before 3000 BC
Explanation:
Most companies requires at least two signatures for checks over a certain dollar amount.