Suppose that steel is necessary to produce automobiles. If the price of steel falls, the supply curve of
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Ответ:
the automobile shift to the right
Explanation:
In simple words, Steel is essential for the manufacture of automobiles. This implies that steel becomes necessary and therefore it helps to manufacture vehicles. Because the value of steel decreases, it takes industry less to produce the commodity,leading to low prices and high demand in the market which in result ensures that the production curve would change to the right.
Ответ:
Answer and explanation:
A competitive advantage is a factor of a product or company that makes it different from others and that is attractive to most parts of a market's sector. Nowadays it is crucial to identify which the competitive advantage of a business could be instead of believing consumers will reach the product just because it may satisfy their needs. The competitive advantage is what position one company over its competitors.