Hello!
The correct answer for the blank is: Quaternary.
I really hope this helped you out! :)
Production possibilities curve between the two goods will be a straight, downward-sloping line if the opportunity cost rise.
<h3>What is production possibilities curve?</h3>
The production possibilities curve serves as graph that display the relationship between the resources and the output that can be produced.
Therefore, when the opportunity cost that exists between two goods, there will be. downward slope as regards the production possibilities curve.
Learn more about production possibilities curve at;
brainly.com/question/2601596
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I believe the answer is just Trade Barriers, sorry if there's more, I can't think of another.
Answer:
Joint Venture
Explanation:
The reason is that in a joint venture, two or more than two companies form a partnership aggrement to achieve the combined objectives in a limited time constraint. The companies gain synergy in achieving that combined objective which is all because of the pooling of resources of the venturing organization. Here is the similar case. Three organization here had formed a contract and agreed to pool their resources to achieve a combined objective. Once this objective is achieved the partnership (Joint Venture) will be dissolved.
Answer:
The correct answer is the option D: Yes, if the old steering wheel would have damaged the boat.
Explanation:
To begin with, in the case presented Joel's brother seems to be quite pleasent with the fact that Joel is repairing the boat once year so that means that he does not need to take the boat in for regular maintenance so therefore that he saves money due to the work done by Joel. That is the reason why if the steering wheel would have damaged the boat if it was not replaced then the cost that Joel's brother would have paid in order to repair all the damaged done by the wheel would have been much greater than just the cost of the steering wheel itself. Moreover, it is quite understood that they both had a tacit agreement that has been there for many years so therefore that Joel's brother must pay him otherwise, plus if the new wheel improves the value of the boat as well.
