Answer:
Output and employment will increase exerting modest upward pressure on the price level.
Explanation
In simple words, the increased demands for the good would work as an incentive for the producer to produce more and they can also lower their cost of production by producing in mass which will further lead to economies of scale.
More production means more requirement of workers which will eventually lead to more employment opportunities in the country. However, this increase would lead to modest increase in prices due to more purchaser power in the country.
Answer:
it makes the price so low that the quantity demanded exceeds the quantity supplied on the legal market.
B. false
A one brand name strategy would be like McDonalds, Call everything the McRib, McDouble, it makes it nationlized, not localized
In the airline industry, the exit barrier of offering international routes restricts movement between hub-and-spoke and point-to-point airlines.
<h3>What is the exit barrier?</h3>
This is the term that is used to describe all of the challenges and the impending difficulties that may prevent a company from exiting a market.
This question tells us that it is a barrier of exit and restriction of movement between hub-and-spoke and point-to-point airlines.
Read more on exit barrier here: brainly.com/question/2975624
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Answer:
A business may be constrained by a variety of licensure and other regulatory requirements, based on the industry and activities the business wants to pursue. For example, a lawyer must obtain a legal license in a particular state before he can open a practice in that state.
