I think it’s hard because you’ll have to advertise and persuade consumers to buy the product your selling .
<em>catalyst is not a reactant it just speeds up the chemical reaction but does not convert into the end product.</em>
Answer:
<em><u>Convenience products.</u></em>
Explanation:
Convenience products are those goods or services that are purchased by the consumer with high frequency without comparison criteria or high purchasing efforts. These products are widely distributed so that the consumer has the availability of purchase at any time. Examples include magazines, fast food, detergents and beverages.
Some of its features are:
- Low price,
- Classified as non-durable goods,
- High frequency of replacement at points of sale,
- Easy replacement products
I believe the answer is: citizens choose to trade goods or services for something else of value
Voluntary exchange could only happen if both parties involved are willingly committed to a certain type of transaction because they both genuinely believe that they will benefited from a the transaction. Examples of a voluntary exchange would be when a kid choose to spend their daily allowance to purchase his favourite candy.
Answer:
A. Italy has a comparative advantage over the United States in producing wine.
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries. A country should specialise in the production of the good for whuch it has comparative advantage in and import goods for which it doesn't have comparative advantage in its production.
If Italy has comparative advantage in the production of wine and the US doesn't, Italy should produce wine and export to the US. While, US should produce pasta and export to Italy, if has a comparative advantage in the production of pasta.
A country has absolute advantage in the production of a good or service if it produces more quantity of the good when compared with other countries.
I hope my answer helps you