Suppose that a country's post-trade consumption point lies outside of its production possibilities frontier. As a result, the country
a. gains from trade.
b. loses from trade.
c. is not affected by trade.
d. reaches the autarky point.
a. gains from trade.
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Creating value for a consumer product via place decisions involves
A. pricing products differently at different stores. B. focusing exclusively on Internet sales to reduce supply chain costs. C. making sure the product is available where and when customers will want it. D. designing creative displays to capture consumers' attention. E. putting the product in the front of the store.
The use of precedent to reach legal conclusions is so common that legal reasoning can be characterized as predominantly analogical reasoning
Indicate whether the statement is true or false
Early personal computer users remember the cumbersome, user-unfriendly DOS system. When Apple introduced System 1 and Microsoft introduced Windows, both of which were much easier to use, these new products diffused rapidly because of their
A. trialability. B. relative advantage. C. observability. D. compatibility. E. associated services.
CPA Accounting, LLC, is a limited liability company. If the law in CPA's state is like the law in most states, unless the members have agreed otherwise, participants in the firm's management will be considered to include
A. all members. B. no member. C. one member. D. two members, including at least one general partner.