I believe the answer is -A!
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The statement above about gap analysis is: True.
<h3>What is Gap Analysis?</h3>
Gap Analysis is a measurement that an entrepreneur makes when he compares his present performance with that which he desires to achieve.
He evaluates the time money and resources spent on projects to know if they are fully optimized.
So, the statement above is right.
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Increasing opportunity costs of producing goods imply that the production possibilities curve will be bowed outward. In a recent Page One Economics: Money and Missed Opportunities, senior economic education specialist Andrea Caceres-Santamaria explains that opportunity cost is the value of the next-best alternative .
when a decision is made; it is what is forfeited. It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs. A company owner wants to increase the number of production available. The potential worth of that money being spent somewhere else or saved for the future is known as the opportunity cost.
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You can find lemon juice in the produce section.
Answer:
B. a cartel
Explanation:
A cartel is a group of independent producers who collude to promote and protect their trade interests. Large producers in the same industry form cartels to manipulate supply and fix prices. Through the cartel, the large producers set prices that guarantee maximum profits for their members. The cartel eliminates price competition among the major producers in the industry.
