Answer:
Export
True
False
True
Explanation:
Free trade is a form of trade policy where there are no restrictions to imports or exports of goods and services.
The price of meekers is $30 in Meekertown and $40 In the world. Because meeker's are cheaper in Meekertown, it means that Meekertown is efficient in the production of meekers. As a result, they would export meekers to the rest of the world. It would be cost efficient for the rest of the world to import from Meekertown.
Consumers in Meekertown are worse of because of the trade because the price of Meekers would rise.
Producers are better off because they would earn more profits from the sale of Meekers at the world price.
Free trade increases total surplus because of efficient production. If a country is inefficient in production, it would import . This would increase consumer surplus and if it is efficient in production, it would export increasing producer surplus.
I hope my answer helps you
That statement is true.
If the statement come from a biased sources, the statement will be catered in a such a way to shine a positive light towards a certain person or establishment.
This makes the final report/writing became extremely unreliable.
Example of biased sources, news station that only tell good story about a specific party.
Preventions for miscommunication are given below.
<h3>
What should we do to avoid miscommunication?</h3>
- Simplify your message; limit the number of thoughts in each sentence to be clear and concise.
- Get to the point fast to avoid talking in circles.
- Check your facts - Make certain that your communication is free of errors.
- Nothing is more perplexing than disseminating misleading information.
Strategies for better communication:
- Make your messages clear and succinct.
- Don't dodge difficult subjects.
- Choose your communication medium appropriately.
- Maintain your composure.
- Encourage individuals to come to you if they are unsure.
Yes, I've certainly encountered several similar moments, mostly in the dating arena, which frequently produce a situation in which one is dealing with confusing signals.
Therefore, preventions for miscommunication are given.
Know more about communication here:
brainly.com/question/26152499
#SPJ4
Answer:
The answer is: The benefit surpluses shared between consumers and producers will be maximized.
Explanation:
The demand curve shows the relationship between the price of a good and the quantity demanded for that good. As the price of a good decreases, more customers will be willing and able to purchase it.
The supply curve on the other hand, shows the relationship between the price of a good and the quantity supplied of that good. As the price of a good increases, more suppliers will be willing and able to sell it. Suppliers will sell a good as long as its marginal costs are less than its marginal revenue. In other words, they will continue to supply the good as long as their costs are covered.
At any given point where the demand curve and the supply curve intersect, equilibrium point, the benefits for consumers and suppliers all together will be maximized.
