Answer:
Comparative advantage
Explanation:
Comparative advantage -
It refers to the method used by a company to produce certain goods or services at a much cheaper and better manner than other company , is referred to as comparative advantage .
As the company can sell the similar product produced at much lower price , and thereby earns more profit for the product .
Thereby , the company has the upperhand over the other companies .
Hence , from the given information of the question ,
The correct answer is Comparative advantage .
Answer:
The Business Auto Coverage Form does not cover automatic coverage for physical damage to trailers.
The correct answer is C
Explanation:
Trailers used for business purposes may be covered by physical damage coverage but they are not covered by automatic coverage.
Antitrust laws are implemented by both federal and state governments to promote B. Competition among firms.
- Without these Antitrust laws implemented by governments, some companies will stifle competition and tend towards monopolies.
- Antitrust laws check collusion among market players who may engage in price fixing and other anti-competition practices against consumers.
- Particularly, these Antitrust laws frown on the formation of cartels and the concentration of economic power in fewer hands.
Thus, Antitrust laws are not implemented to promote price fixing, monopolies, or bid rigging but to promote competition.
Read more about Antitrust laws at brainly.com/question/13800256
Answer:
PV= $90,990.39
Explanation:
Giving the following information:
Future value= $140,000
Number of periods= 5 years
Rate of return= 9%
<u>To calculate the price to pay today, we need to calculate the present value. We will use the following formula:</u>
PV= FV/(1+i)^n
PV= 140,000 / (1.09^5)
PV= $90,990.39