The correct answer is "conservative". Liberal refers mostly to Democrats, and socialist refers to Socialists.
In markets where competition is very intense, companies are not able to keep on competing in prices forever, as at some point their cost structures prevents sucessive price lowerings. Therefore, companies are forced to use alternative strategies to defeat their competitors and to attract larger shares of consumers to demand their products.
<u>Companies need to become more efficient in production and to introduce innovations</u>. An example of an efficiency increase is to produce at the same cost, maintaining the same market price but delivering a higher-quality product, that includes, for instance, a better packaging. This new feature has been achieved through the implementation of a new tecnique in the production process (ex: new materials for the packaging) together with an innovative and sucessful marketing campaign.
Answer:
<em>Object Permanence</em>
Explanation:
Object permanence is used to <em>explain the tendency of an infant to recognize that objects still exist, although they can not be seen or heard any longer.</em>
Whenever an item gets hidden from sight, infants within a certain age are often get upset that the item has disappeared.
Jordan thinks that her pacifier has disappeared.
This is because they're too young to really understand that although the object can not be seen, it still exists.
