Answer: None of these descriptions is accurate for Erik as he does not care about the level of risk involved and is indifferent to all the investment options and their risks.
Devin is risk averse as he decides to choose the safest option which is keeping the money as cash for one year.
Explanation:
The market most likely to be characterized by oligopolistic competition in the united states is smartphone service providers.
<h3>
What is an oligopolistic competition ?</h3>
An oligopoly is when there are few large firms operating in an industry. This is because there are high barriers to the entry and exit of firms into the industry. The smartphone service provider industry is dominated by five industries due to the high cost and regulations in the industry.
Here are the options to the question:
a) soybeans
b) pens and pencils
c) smartphone service providers
d) men's clothing
e) electrical service to the home
To learn more about oligopolies, please check: brainly.com/question/26130879
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Explanation:
The products and services offered today through economic systems exist to satisfy human needs. The higher the level of satisfaction of needs met, the greater the positioning of a product or service that can make an individual millionaire.
To create or invent something that does not yet exist and be extremely profitable, it is necessary to think about human priorities, such as health and technology. An invention that could be successful would be the development of a cure for diseases such as drugs that destroy cancer cells and create other healthy cells without side effects to humans, or in the current world context, an inexpensive and easily developed anti-coronavirus drug.
I inferred want to know more about free trade agreements.
<u>Explanation:</u>
Put simply, a <u>free trade agreement</u> occurs between two or more countries, in which the agreement removes barriers of trade (imports and exports) between the Countries.
For example, if country A sells shoes to country B, <em>under</em> a free trade agreement there will be no government tariffs imposed by country B on the goods imported from country A.
Answer:
True
Explanation:
True, but to achieve full success Anthony should manage his millennials properly. Despite being labeled as 'tech savvy, flexible, adaptable, they need to feel their voices are being heard, they're part of a team, so they will generate a stronger and stronger sense of commitment.
