Answer:
A Supermarket is a large store, but a Hypermarket is much bigger than a Supermarket. Hypermarkets store a higher number of FMCG products than a Supermarket.
Answer:
The answer is option a.
Explanation:
Detailed explanation of answer is given in attached file.
Answer:
The correct answer is (d)
Explanation:
There are two basic sides in the market, the consumers and the producers. In order to identify the combination of outputs that provide the same level of the utility indifference curve is used. On the other hand, in order to identify the combination of inputs which gives the same level of output is represented by isoquant. It represents a constant quantity of output