Answer:
developing new competencies
Explanation:
In simple words, globalization promotes the innovation all around the world along with the promotion of its transfer from one economy to another. Due to this, the firms around the globe extend their businesses by setting their own limits. It helps the enhance their operational activities with new market and a new customer base to attract.
Answer:
2. c. 66.982
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Explanation:
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Answer:
Decrease, Increase
Explanation:
Equilibrium price is that price in the market, where the quantity of the goods supplied or the service offered is equal to the quantity of the goods demanded. At this point the supply as well as the demand curves in the market intersect.
So, when 2 firms will be entering the market, the economist expect that the equilibrium price will decrease or fall and fall in the price leads to increase in the quantity, so the equilibrium quantity will increase.
Lamar should invest in a long-term, fixed rate certificate deposit, if she believes that interest rates are going to fall in the near future and remain low for a considerable period of time.
A long-term CD is generally a CD term between two and five years. Traditionally, long-term CDs have typically offered higher rates than shorter CD terms in exchange for tying up your money for a longer term.
Some institutions provide CD terms of up to 10 years or more, although this isn't as common.
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Answer:
It serves as a medium of exchange.
Explanation:
It serves as a medium of exchange is the correct answer because in the trade money plays an important role and it makes the trading very easy as compared to barter system where a person has to find the other person who is in the need of same commodity through which the other person wants to exchange. Moreover, the use of money as a medium of exchange eliminated all the problems that were in the barter system.
