A country specializes in agricultural production—in particular, pineapples and coconuts. Last year, its economy was operating efficiently at point A. To capitalize on its favorable climate for growing these fruits, the country decides to build some islands near its coast to use for growing pineapples and coconuts. Which PPC represents the change that results from this decision?

Grace period is a period of time before the credit card company starts charging late fees.truefalse

Which of the following best explains why large companies have an advantage over smaller companies? a. economies of scale make it possible to offer lower prices. b. the production possibilities frontier is wider for a larger company. c. decreasing marginal utility enables more efficient production. d. increasing the scale of production leads to a reduction in inputs.2b2t

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using: