Answer:
Monopolistic competition
Explanation:
If Nori's company decisions need to be made taking the decisions of competing companies into account, it means that Nori's company operates in Monopolistic competition. This is because Monopolistic competition is an economic concept, which presents a situation where a company has several competitors. In this type of market, the decisions of a company in relation to production, distribution and price, interfere in the decisions of its competitors, who need to maintain competition and look for a way to obtain advantages.
The nation that has the absolute advantage in peanuts is India.
<h3>How to solve for the absolute advantage of these countries</h3>
a. The country that has the absolute advantage in the pounds of peanuts is India. They are able to produce 10 million worth of the product.
b. This is in the attachment
c. From the calculated opportunity costs, India has been shown to have the comparative advantage in peanuts so they have to specialize here.
The US on the other hand has to specialize in pecans because they have the comparative advantage in it.
d) The PPC for each country is a diagram
e. ) The terms of trade would be a pound of peanut for a pound of pec an for the countries.
Based on this the US would produce 10 units for pecans. They would use 5 units and exchange the remaining 5 units of pecans for 5 units of peanuts from India.
India is also going to do likewise.
Read more on production possibility curve here:
brainly.com/question/2601596
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Answer:
the differance between the house of represenates is that the house has 100 and the senate has 435
Explanation:
The correct answer is C: the land has minimal capacity to feed the population