<span>Who is better off: a person using credit cards or a person refraining from any loans? A person using credit cards is better off </span>from a person refraining from any loans. A person using credit can often purchase more and have more flexibility with their money over someone who only uses cash. There are items and services that do not take cash as a form of payment, so without a credit card the person can not make the purchase.
Answer:
The answer is: Vernon's Product Life Cycle theory
Explanation:
Product Life Cycle theory was developed to describe the observed pattern of the international trade. This theory was given by Raymond Vernon and the Product Life Cycle has four stages:
1. The introduction stage: Introducing or launching new product in the local market.
2. The growth stage: Strong demand of products and increase in the sales, which increases the profits. The product are exported to other high-income developed countries.
3. The maturity stage: The production is moved to the developed countries.
4. The decline stage: The production of the products begins moves in the low-wage developing countries.
If you have a large amount of money to save at one time, a
savings bond would be the best investment to earn interest. If you do not need the money right away, a
savings bond will allow you to earn interest at a faster rate. Since savings
bonds are longer-term investments, the other options would not fit the purpose
as much due to needing the funds at a quicker rate. If you were to put the
money directly into a savings account over a bond, you have easier access to
the funds; however, the interest is very small in comparison.
Answer:
The answer is B. Holding extremely high levels of liquidity to guard against liquidity crises is an inappropriate goal for the firm.
Explanation:
The opportunity cost tied up in extremely high levels of liquidity is high.
The following items describe specific kinds of producers:
1) grocery store owner
2) computer shopper
3) trial lawyer
In economics, a producer does not only produce a good or service, he can be a part of the good or service also. A producer is the one who incorporates factors of production.
Producers may be individuals or small or large scale companies that has the power to influence the market because they are the ones who set the basis for the prices of goods and services.
