Answer:
needs are things that satisfy the basic requirement. Wants are requests directed to specific types of items.
The answer is: by cheap foreign labor
Currently, most of the corporations that operates in america manufacture their products in countries such as China, india, indonesia, phillipines, or Eastern European countries.
People who live in those countries typically have lower standard of living. Because of this, they can agree in receiving salary that are considerably lower compared to the minimum wage in united states.
Answer:
A population would grow faster than its ability to feed itself.
Explanation:
According to Thomas Malthus, overpopulation is the cause of the problems faced by human beings. He attributed diseases, malnutrition, and poverty to overpopulation.
Malthus argues that while resources grow at a steadfast pace, the population was increasing exponentially. He concludes that, if not checked, the human population will become too large to be supported by the earth's resources.
Answer:
The correct answer is: An example of businesses taking advantage of inconsistencies in consumer decision-making is credit card companies not allowing stores to charge a fee to consumers if they pay with a credit card but allowing stores to provide a discount to consumers if they pay in cash
Explanation:
The purchase decision process is the decision-making process used by consumers regarding market transactions before, during and after the purchase of a good or service. It can be seen as a particular form of a cost-benefit analysis in the presence of multiple alternatives.
The longevity philosophy of compensation monetarily rewards employees for their loyalty to the firm.
⇒ <u>True</u>
<u></u>
Hope that helps!