Answer:
B. The input gains from greater international specialization and trade are the equivalent of economic growth.
Explanation:
If a country moves outside its production possibilities curve, the country has experienced economic growth, precisely because it has increased the amount of goods it can produce according to the production possibilities curve.
International trade thus facilitates economic growth because it makes each country focus on the production of the goods that have the lower opportunity cost, and therefore, use the country's resources more efficiently. This, added to technological improvements, can help a country's economy become larger in both the short and long-term.
"Straight rebuy" is business-to-business terms refers to the routine purchase of items that a B2B customer regularly needs.
<u>Answer:</u> Option A
<u>Explanation:</u>
A simple rebuy is the regular buying or reordering of products from a manufacturer that is on a list of approved and time needed. The manufacturers make an effort in a straight rebuy to preserve the product quality and service and simplify the structuring processes, thus act as time saver.
For instance the straight rebuy is purchase of office supplies or bulk chemicals. The amount and requirements of the contract are routine, and the purchase is produced at frequent intervals from the same qualified manufacturer, with no decision making process.
<span>To find the potential increase, the equation would be the amount of excess reserves (or deposits multiplied by the reserve ratio) multiplied by (100 divided by the required ratio). In this case, that would be (35 - ($200M * 0.10)) * (100/10), or (35M - 20M) * (10). This would leave 15M * 10, or $150 million in potential increase in deposits for the entire banking system.</span>
Answer:
D. differentiated products
Explanation:
Monopolistic competition refers to a kind of imperfect competition where there are may producers that sells differentiated goods that are therefore not perfect substitutes.
Perfect competition is where there are many producers that sell homogeneous or identical goods that are perfect substitutes.
Therefore, monopolistic competition is different from perfect competition because of differentiated products.