Trade is when two or more people exchange items such as food , money , books and etc...
When our country = America ( USA ) trades goods such as money , or food and medical supplies to other countries ( Nations ) to help them and in return we might get more supporters or better Technology.
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Answer: Future contract is legal agreement, Forward contract is private
Explanation:
The powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.
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Answer:
decreasing its variable costs by at least 15%
Explanation:
<u>Big Bus Lines case study:-</u>
The firm has reduced the price of the ticket by 15%. There are a number of ways through which the firm, Big Bus lines can still profitable. The correct option is:-
<u>decreasing its variable costs by at least 15%</u>
<u>Variable costs:-</u>
They the costs which change as quantity of services or goods which are produced by the business changes. Variable costs are sum of the marginal costs over all the business' units produced.
<u>Thus, reducing the costs by same percentage can help the firm to remain profitable.</u>
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