Answer:
Increased spending power.
Explanation:
At a lower price level, consumers are likely to have higher disposable income and therefore spend more.
In any business, when the cost of resources rise, the price of buying the commodity will also be high, this is because when it cost you much to produce a commodity, you will end up charging a higher price when selling it. Failure to do so may lead to making loses. The opposite is also true, when the cost of resources fall, the pricing will also be less.
Answer:
True
Explanation:
The pressure that are competitive are considered to be intensified via the competitors efforts in order to diversify the product lines and the other things at the wider area that wore the performance based yoga and the apparel related to the fitness
So as per the given statement, the statement is true
hence, the option a is correct
Answer:
Attached grap with point A and B.
Explanation:
Russia will produce the cars as their production has te lower opportunity cost:
(Note: Opportunity cost is the amount of production resigned for the current output)
<u>Sweden pportunity cost for production car: </u>
25 ton of papper / 5 m cars = 5 tons per millon of cars
<u>Russia pportunity cost for production car: </u>
8 ton of papper / 4 m cars = 2 tons per millon of cars
With the trade set at 2 millon car for 6 tons of paper we get the following
Sweden produce 25 tons - 6 traded = 19
and receive 2 millon car
Russia produce 4 millon car - 2 traded = 2
and receive 6 tons of pappers