Importance of Global economy.
Global economy as the word suggests, is related to globe, it’s the world economy. It is because of globalization that various countries come together and are engaged in trade and industry, thus making International trade easier.
The developments of global economy plays a vital role in financial arena in the United States. The US economy is one of the largest economy in the world. It is because of global economy that the modern industrialization world is developing and prospering. Thus it is important for the countries of the world to participate in global economy so that the flow of resources keeps increasing and expanding.
As you may know, nonverbal communication is communication
that happens without words. Nonverbal
communication can be anything from eye contact (or lack of eye contact) to
facial expressions and gestures. When
one views the speech that President Kennedy gave at Rice University, he can be
seen to frequently use his right hand to point down toward the podium or to
pound his fist into the podium. This
nonverbal communication—the gestures President Kennedy makes with his right
hand— communicates a determination and confidence that reinforces what he was
communicating in his speech that the United States was determined to go to the
moon and confident it would do so.
The correct option is D.
Marginal cost refers to the amount of money it cost a company to produce one more of a particular product while the marginal benefit refers to the benefit that is obtained as a result of producing that one extra product. Profit is maximized when the marginal cost equals the marginal benefits.
