Answer:
<em>B. Unique selling proposition</em>
Explanation:
The scenario which is been presented in the question is the example of "Unique selling proposition"
Because in "Unique selling proposition", the companies use a unique method to attract and convince the customers to buy and use the product of the particular company.
So, we can see that <em>manufacturer of Green & Black brand confections uses</em> unique method to attract and convince the customers to buy and use its product, the method is known as <em>"Unique selling proposition".</em>
Pay , work hope this helped you have a good day
Answer:
PPF : Downward Sloping Straight Line
Explanation:
PPF is the locus of product combinations that an economy can produce, given resources & technology.
It is downward sloping : Because of inverse relationship between two goods- if one has to be increased other has to be decreased , because of same resources & technology.
Marginal Opportunity Cost (Slope of PPC): is ratio of a good sacrifised to gain each additional unit of the other good.
∆ Good sacrifised / ∆ Good gained
If this ratio is same i.e constant amount of a good is sacrifised to gain an additional amount of the other one , the slope of PPC is constant & it is a straight line
Eg : Good1 Good2 MOC [∆Good2/∆Good1]
0 20 _
10 10 -10/10 = -1 (10-20)/(10-0)
20 0 -10/10 = -1 (0-10)(/20-10)
So , same (1) good 2 is sacrifised to attain a good 1 each time.
However Generally: MOC is increasing , because of assumption that resources are unequally efficient in various goods production - shifting good from efficient to inefficient increases sacrifise each time. This makes PPC usually concave.
Answer:
As your level of education increases, your income potential also increases.
Explanation:
As per the graph, the highest earners are holders of a doctoral degree, professional degrees, and master degrees. These are highly educated individuals.
At the bottom end, the lowest earners are those with high school diplomas and below.
The graphs clearly illustrate that acquiring a high level of education increases the probability of increased earning.
Answer:
$36,000
Explanation:
The computation of the lggie's salary is shown below:
= (Iggie salary in 1974) × (2003 price index ÷ 1974 price index)
= ($10,000) × (180 ÷ 50)
= $10,000 × 3.6
= $36,000
Since we have to compute the 2003 salary based on 1974 salary so we consider the 1974 salary and took the 2003 price index as a numerator and 1974 price index as a denominator.
