The production possibilities frontier is the line that shows the maximum possible output for that economy. Efficiency means using resources in such a way as to maximize the production of goods and services. An economy producing output levels on the production possibilities frontier is operating efficiently.
Answer:This would increase competition among the grocery stores, which should lead to higher productivity and lower prices for consumers.
Explanation:When there are more shops in an area, the competition increases amongst the shops because now consumers will have plenty of choices to choose from , so if the service is poor from the other shop and the prices are too high, they will not hesitate to go for other shops and this particular shop will lose profit. For this reason the more shops they are the more productive all the shops will be and the more they will lower their prices to attract customers.
Answer:
Option C
Explanation:
First what is coherence, coherence is a quality of been logical and consistent , so a paragragh is said to be coherence when the sentences are connected together, the theme/ intuition from one sentence is carried to the next, so we can say they are connected to each other . we can basically define a coherence paragraph as a paragraph that has connected sentences together. Most coherence paragraphs has phases and words that the actual meaning they convey in each sentence can easily be understood by a reader and are connected together such that the understanding of the paragraph can be easily gotten.
So there fore option C best explain the meaning of a coherent paragraph.
Companies report people to credit agencies if they fail to pay their bills on time.
Creditors reports history with other lenders and the debtor's borrowing activities (debts and payments) to Credit agencies. Credit agencies
collects information about individual or business debts and assigns a credit
score. The credit score demonstrates borrower's creditworthiness, serving as a guide to other lenders. If the debtor fails to pay bills on due dates, the credit score will most likely be low. Lenders will mostly refuse to approve future loans as a low credit score indicates the applicant is a bad payor.
