Answer:
primary demand and selective demand
Explanation:
Mike from the question exercises primary demand whereby one demands for a class or type of product and not a particular or certain brand that falls under that class. This is broader than selective demand which Lou exercised
Selective demand is the demand for a certain brand of product and maybe in a certain style. This is narrower than primary demand.
Answer:
More, had a comparative advantage, produce more
Explanation:
In the previous example, the United States and Brazil were efficient when they specialized. Brazil choose to specialize in the production of bananas because it in producing it. The United States and Brazil when they specialize.
2 PM
PST to est is 3 hours
