Answer: Reinvention
Explanation:
The term that indicates that the product is novel to the individual who made it, but known to everyone else is referred to as reinvention.
Reinvention is the action whereby q particular product is changed and that product appears to be a new product entirely.
Answer:
Option (B) is correct.
Explanation:
A supply shock is a situation in which the price of the natural resource increases which result in an increase in the cost of production of the goods. This increase in the cost of production of the goods induces the producers to produce less amount of goods which reduces the supply of goods. This will lead to shift the short run supply curve of the goods leftwards and therefore, there is an increase in the price of the goods.
Interests are the specific items or terms you actually negotiate and are generally the first thing that we think of when we anticipate negotiating - False
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Explanation:</u></h3>
Interest refers to the things that we actually like to get. When we list an item in our interest list we will get that item without any negotiation. Items that are in our interest list are those that we use regularly and there will be no second item for its displacement. We will get these items even when the cost of the item is more.
When the things that are not in the list of our interest we will start negotiation. This is because these items are not mandatory for us and even when the price of the particular item is not reduced we will ignore and buy something instead of it. Thus, the specific items of our interest will not the first thing we anticipate for negotiation process.
An increase in the price of the plastic used to make the wireless earbuds can make the supply curve to shift left.
<h3>What is the supply curve?</h3>
This is the curve that is used to tell us of the amount of goods that the producers would be able to make available for the market at a given price.
This is shown in the fact that the increase in the raw materials for production may cause the production to fall. Hence the produces would have less to supply for the market. Therefore, an increase in the price of the plastic used to make the wireless earbuds can make the supply curve to shift left.
Read more on market supply curve here: brainly.com/question/26430220
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