A point inside the production possibilities frontier is feasible, but not efficient.
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<u>Explanation:</u></h3>
Production possibility frontier of a country is the point at which a country's economy is most efficient in producing its goods services and therefore allocating and using it's resource at its best possible way.
Production possibility frontier curve shows different combinations or collections of the amount of quantity of two goods which can be produced within the given resources and technology. It explains several economic concepts such as allocating efficiency, economies of scale, opportunity cost, production efficiency and scarcity of resources.
Answer:
Neuromarketing.
Explanation:
Like it's name implies, neuromarketing is the branch of marketing whose task is to study the costumers' cognitive responses to marketing stimuli. Like the exercise exemplifies: using neuromarketing, Frito-Lay discovered that shiny potato chip bags invoked feelings of guilt. Therefore, they switched its packaging to matte bags in order to make sales grow, which was the right call.
Answer:
Newspaper editor John O'Sullivan used it in 1845
Explanation:
Answer:
James Madison
Explanation:
James Madison, one of the leading architects of the Constitution, put it best in The Federalist No. 49: [T]he people are the only legitimate fountain of power, and it is from them that the constitutional charter, under which the several branches of government hold their power, is derived
