Production Possibilities Curve (PPC) shows increasing opportunity costs as you give up one or more options. This curve is usually bow-shaped in the middle because as you produce more of one good, your capacity to produce the second good is diminished.
Answer: Bring a degree of local knowledge to the subsidiary.
Explanation:
Joint Venture is a form of business organization whereby two or more parties come together and use the skills and resources that they both have to achieve a common goal.
Based on the scenario in the question, Joint ventures are politically more acceptable and they also bring a degree of local knowledge to the subsidiary.
Answer:
Recovery
Explanation:
The Business cycle is also known as the economic cycle, and consists of the periods of growth (expansion), and decline (contraction) of the economy, over a long period of time.
According to the theory of the business cycle, it is normal and expected for economies and businesses to experience periods of rise and fall.
The period that marks the transition between contraction and expansion is the recovery, because is the period when the contraction comes to a halt, and the economy starts recovering in order to expand again.
If, in the market for lattes shown in the figure, the government assesses a tax of $0.75 on each latte, the price the consumer pays for a latte after the tax will increase from $2 to $2.25.
Living things that need to hunt, accumulate and consume their food are called purchasers. Purchasers ought to eat to gain electricity or they will die. There are 4 types of consumers: omnivores, carnivores, herbivores, and decomposers.
A client is someone who buys matters for a non-business purpose, either for themselves or for others. Companies use patron advertising campaigns to sell to purchasers. Campaign messaging makes a specialty of each acquiring capability clients and keeping modern customers.
A customer is a person who's the very last user of an object–a good or carrier. For instance, while you consume, you eat the food. You're the final vacation spot, the final person of the meals, making you a customer of food.
Learn more about consumers here brainly.com/question/25743891
#SPJ4
