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Trade credit is the credit extended to you by suppliers who let you buy now and pay later. Any time you take delivery of materials, equipment or other valuables without paying cash on the spot, you're using trade credit</span>
Answer:
It means that it produces less than the output at which the average total cost is minimized
Answer:
The correct answer is option b.
Explanation:
A production possibilities frontier shows the maximum possible bundles of two goods that an economy can produce using its given resources and level of technology.
Because of the scarcity of resources, the production of a good can be increased only by decreasing the production of the other good.
It is possible to increase the production of a good without reducing the production of the other only if the economy is producing at a point below the production possibilities curve.
A credit score can range from 350 to 850 and is a numerical rating that
can show how good of a payer you are of credit. In order to increase
your credit score, you must not miss payments on credit cards, important
bills, and student loans. You must also have multiple accounts open
which you keep low balances on and pay on time.
