Answer:
TRUE
Explanation:
A consumer's marginal rate of substitution (MRS) can be defined as the number or amount of goods that he/she is willing to trade for another in other to gain maximum satisfaction of the goods.
Answer:
The products by services companies are consumed immediately.
Explanation:
Goods are physical tangible products that are used to satisfy human needs and wants. On the other hand, services are non-physical, nontangible products that also serve the purpose of satisfying human needs and wants.
The manufactured good can be stored in inventories after production, however, the services are consumed as they are produced. They cannot be stored in inventories to be consumed later. They have to be consumed immediately.
This is the main difference between the products of manufacturing companies and services companies.
Answer:
A. determining a few key ideas and how to best sequence them.
Explanation:
The effective communication is one in which the speaker is able to disseminate his ideas to the listener correctly. The panel of successful entrepreneur is interested in investing in the venture. The meeting is limited to 15 minutes so we should cover only key points and focus on their benefits of investing. The Entrepreneur has time to listen key ideas and its upon us to best sequence those ideas which leave a positive impact on the panel.
Answer:
Stronger
Explanation:
Given that inflation affects trade flows, as the higher price of commodities have negative impacts on exports rates. Thus, all things being equal, it is expected that high inflation should cause downward pressure on the exchanger rate of Krendo.
Hence, the inflation effect will be STRONGER than the interest rate effect in influencing the exchanger rate of Krendo against the U.S. dollar.
It's C)Costa Rica. It says "because of the climate and land of Costa Rica, coffee is much cheaper and faster to produce."
