The answer to this question is when private ownership rights are well defined <span>It can be held accountable for damage to others through misuse of their property.</span>
That mean they are going through something
Answer: 10000 units
Explanation:
First, we've to determine the equilibrium price which will be gotten when we equate the demand to the supply which will be:
20000 - 100P = 100P
100P + 100P = 20000
200P = 20000
P = 20000/200
P = 100
Since Q = 100P
Q = 100 × 100
Q = 10000
The competitive firm will produce 10000 units to maximize profit.
Answer:
1) an absolute advantage is a monopoly..........................
2) a comparative advantage is when a country ......................
Explanation:
Lets consider the USA and SAUDI ARABIA as a case study and the products has OIL and CORN:
Saudi arabia has more advantage in poducing oil because of the vast natural resource of oil, human work force and technology which they have in abundance than the USA which is an absolute advantage while the USA also have vast vegetative land which can also produce corn in abundance which is also an absolute andvantage to the USA.
while comparing both advantages saudi also has the land to produce corn but not as much as the USA does so they wont want to monopolise on it in other to exchange for corn with the USA at lower cost and vice versa.
<span>in this case, daily fresh intends to use: Information labeling
Information labeling refers to company's action to provide as much information as possible for the customers about their product.
Providing information labeling will increase the customer's trust for the product and help them to make the best possible buying decision.</span>