Answer:
Both companies will reduce their prices.
Explanation:
Given that collusion is not possible between McDonald's and Yum, both companies will try to earn more money by reducing their prices and increasing their profits to $70 million. They will do this hoping that the other firm doesn't modify its pricing strategy.
Answer:
C. every additional missile will reduce consumer goods production more and more.
Explanation:
As more missiles are being produced, there would be less resources available to produce consumer goods. So, the production of consumer goods would reduce.
The production possibility frontier explains this concept
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
In the given scenario, the person who is likely to win and
have the upper hand is Lance. It is because Byron’s action is clearly showing a
disability discrimination of which he clearly stated as to why he did not hired
him in the first placed because of his disability.
Answer:
It represents a cause
Explanation:
If it is on the right side of the function it means that it is one of the independent variables that explains the dependent variable (located on the left side of the function). What the function is representing is the influence that the independent variable (the cause of the dependent variable) has on the dependent variable (the effect that the cause or causes are being sought).
Answer:
d.$20 billion at an annual rate
Explanation:
As $5 billion was quarter 1 market value of final goods and services produced,the annual rate will be $5*4=$20 billion annually