<span>Price fixing</span>
This is a practice whereby rival companies or participants
in a similar market reach an illicit
agreement not to sell goods or services below a certain price or maintain the
market conditions such that the price is fixed at a certain point.
Answer: Reverse Innovation.
Explanation:
Reverse Innovation is been used by Unilever company in making products for developed markets. Reverse Innovation involves introducing a new product to a developing market and if it succeeds in that market, the same product is then introduced to a developed market.
Answer:
Change the filtering settings.
Hope this helps!
Explanation:
Answer:
Price of B is $4
Explanation:
Marginal rate of transformation is defined as the amount of a good x has to stop being produced inorder to produce a certain amount of a good y. Factors of production and technology used are assumed to be constant.
In this scenario the marginal rate of transformation is -2, that is 2 units of good B can be traded for 1 unit of good Z, mathematically
2 * Pb = Pz
Substitute price of Z
2* Pb = $8
Pb= 8 ÷ 2
On= $4
Answer:
Yes the given statement is true.
Explanation:
It is truly possible to have multiple jobs within an occupation. A person who is in an occupation can serve more than one individual or company. The best example to understand the concept is of lawyers and accountants and doctors and teachers, etc. They can do job for several people at a time. A lawyer can take cases of different people and help them in getting justice. Similarly an accountant can work for one company while giving his services to another company at the same time for making their years financial sheets.
These are the true examples of doing multiple jobs within the same occupation.