Answer:
A
Explanation:
If there is an increase in the demand for movies, producers would want to make more movies. This would lead to an increase in the demand for actors
The demand for actors can be seen as derived demand.
Derived demand is demand for a good or service that is dependent on the demand for another good.
Due to the increase in the demand for actors, there would be a rightward shift of the demand curve for actors. This would lead to a rise in equilibrium salary for actors and an increase in equilibrium quantity of actors.
As a result of the increase in the salary of actors, the cost of producing a movie increases.
Answer:
All Roads Lead to China
Explanation:
When you look around, you will find things from smartphones to shoes to handbags etc. all are made in China. Local manufacturers all around the world face enormous competition form China.
The question is how China is making a name for itself in every market of the world. They follow a strategy called "dumping" they seduce the local customers by providing them with the same products at considerable low prices. their strategy is to keep the prices low until they obtain a considerable amount of market share and after that they force the competitors which are mostly the locals of the country out of the business.
Another reason why China is so successful in achieving this is their government is centralized. And that centralized government encourages exports and discourages imports.
Moreover, China has cheap labor and reverse engineering is also playing its part in all roads leading to China.
Answer: What's the question?
Explanation:
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Answer:
im not sure but i think it is d
Explanation:
