when the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is:
Answers
When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is linear.
The production possibility frontier or PPF is a curve on the graph which illustrates the possible quantities which can be produced of two products and if both depends upon the same finite resources for their manufacturing. The PPF is also referred to as production possibility curve.
PPF also do play a crucial role in economics. It demonstrates that whether a nation's economy has reached the highest level of efficiency possible or not.
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Related Questions
Please help....
48 ABM students were included in the entrance interview of college. 3/4 of them decides to take Accountancy. If 1/4 of the remaining students opted for Entrepreneurship and the rest will take management courses, how many students will take each course?
Answers
Answer:
ok so started with 48 total students then 3/4 takes accountancy so you do 48×3/4 which is 36 so 36 take accountancy leaving 12 students left then 1/4 do entrepreneur so 12×1/4 so 3 students take Entrepreneur leaving 9 students left to take management cources
36 students take accountancy, 3 students take Entrepreneurship, and 9 students take management courses.
Given that,
There are 48 students involved in the entrance interview.Three-fourth take accountancy i.e. (3 ÷ 4 × 48) = 36One-fourth of the remaining opted for Entrepreneurship i.e. (48 - 36) × 1 ÷ 4 = 3And, the remaining take the management courses i.e. (48 - 36 - 3) = 9.Therefore we can conclude that 36 students take accountancy, 3 students take Entrepreneurship, and 9 students take management courses.
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which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? check all that apply. increasing taxes on income from savings providing tax breaks and patents for firms that pu
Answers
The policies consistent with the goal of increasing productivity and growth in developing countries are:
- providing tax breaks and patents for firms that innovate
Providing tax breaks and patents for firms that innovate encourages investment in research and development, which can lead to technological advancements and increased productivity. This policy promotes innovation-driven growth and incentivizes firms to invest in improving their processes, products, and services.
On the other hand, increasing taxes on income from savings can have a negative impact on productivity and growth. Higher taxes on savings reduce the incentive for individuals and businesses to save and invest, which can limit capital accumulation and hinder economic growth.
Therefore, out of the two options provided, only providing tax breaks and patents for firms that innovate is consistent with the goal of increasing productivity and growth in developing countries.
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Which BEST describes the nature of cause and effect in the context of the business cycle?
A. Consumers spend less, causing worker layoffs.
B. Demand falls, causing production to stay at its peak.
C. A recession begins, causing consumers to spend more.
D. Goods are overproduced, causing a surplus in jobs.
Its A, I risked it.
Answers
The statement that describes the nature of cause and effect in the context of the business cycle is that consumers spend less, causing worker layoffs. The Option A is correct.
What should we know about business cycle?The economic cycle, also known as the business cycle, refers to fluctuations in the economy that occur between periods of expansion (growth) and contraction (depression) (recession).
The current stage of the economic cycle can be determined by factors such as GDP, interest rates, total employment, and consumer spending. Understanding the economic cycle can assist investors and businesses in determining when to invest and when to withdraw funds, as it has a direct impact on stocks and bonds, as well as profits and corporate earnings.
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Answer:
A. Consumers spend less, causing worker layoffs.
Explanation:
got it right on edg.
2. The first draft of the project charter is as follows:
Project Manager
Project Sponsor
Start Date
Project Mission
PROJECT CHARTER
Annual Clothing Drive
Talar Adams
Activities Committee
April 21
Deliver clothes to local shelters
a. Does this charter contain enough information for Talar to get started? Why or why
not?
Answers
Answer:
The charter provides some basic information about the project, such as the project manager, sponsor, start date, and mission. However, it does not provide enough details about the project's scope, objectives, budget, timeline, stakeholders, and risks. Talar needs more information to understand the project's requirements, constraints, and expectations. She also needs to define the project's deliverables, milestones, and success criteria. Without a clear and comprehensive project charter, Talar may face difficulties in planning, executing, and controlling the project, as well as communicating with stakeholders and managing their expectations. Therefore, Talar should revise the project charter to include all the necessary information and obtain approval from the project sponsor before proceeding with the project.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUwhen performing a mann-whitney u test one should always use the higher value of the calculated u values to compare to the critical u value while making the decision rule.
Answers
When performing a Mann-Whitney U test, one should always use the higher value of the calculated U values to compare to the critical U value while making the decision rule. This is because the Mann-Whitney U test is a non-parametric test that is used to determine whether there is a significant difference between two independent groups.
The test compares the ranks of the values in the two groups, rather than the actual values themselves.
The Mann-Whitney U test is used when the data is not normally distributed, and when the sample size is small. It is also used when the data is ordinal or when the data cannot be measured on an interval or ratio scale. The test is also used when the assumptions of the t-test are violated, such as when the data is not normally distributed.
The Mann-Whitney U test is used to determine whether there is a significant difference between the two groups. The test involves calculating the U value, which is the sum of the ranks of the values in one group. The U value is then compared to the critical U value, which is based on the sample size and the level of significance.
If the calculated U value is greater than the critical U value, then the null hypothesis is rejected, and it is concluded that there is a significant difference between the two groups. If the calculated U value is less than the critical U value, then the null hypothesis is not rejected, and it is concluded that there is no significant difference between the two groups.
In conclusion, when performing a Mann-Whitney U test, one should always use the higher value of the calculated U values to compare to the critical U value while making the decision rule. The Mann-Whitney U test is a non-parametric test that is used to determine whether there is a significant difference between two independent groups, and is used when the data is not normally distributed, the sample size is small, or the data cannot be measured on an interval or ratio scale.
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Electronic résumés have an attractive, highly formatted appearance. T F
Answers
Answer:
False.
Explanation:
False.
Answer:false
Explanation: got it right
What is it called when managers look at the size of the variances between actual results and budgeted amounts in order to determine which variances should be investigated
Answers
Financial information is presented below: The gross profit rate would be 0.34. 0.40. 0.36. 0.64.
Answers
In accounting, gross profit is defined as the excess amount between revenue and cost of goods sold. The gross profit rate is calculated by dividing gross profit by revenue.
Gross profit rate can also be used to analyze the efficiency of a business by indicating the percentage of sales that contribute to the profit margin. Content loaded. Financial information is presented below:
The gross profit rate would be 0.34. 0.40. 0.36. 0.64.The given options for the gross profit rate are 0.34, 0.40, 0.36, and 0.64.
The gross profit rate can be calculated by dividing the gross profit by the revenue. There is no information about gross profit or revenue to calculate the gross profit rate.
Therefore, it is impossible to determine the correct answer based on the given information alone. So, the correct answer to the given question is indeterminable, i.e., cannot be determined.
Answer: The correct answer is indeterminable, i.e., cannot be determined.
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The amount of manufacturing overhead recorded on a job cost record for a particular job is found by.
Answers
The manufacturing overhead recorded on a job cost record for a particular job is found by the allocation of indirect costs to the cost of production. The production process involves three main costs, which are direct material, direct labor, and manufacturing overhead.
While direct material and direct labor costs can be accurately traced to a particular product, the manufacturing overhead costs are indirect and require allocation.Indirect costs are shared by different products and can’t be assigned directly to a specific item. The allocation process involves identifying the common factors that lead to manufacturing overhead and allocating it to the production cost of the product. Common factors can include machine hours, labor hours, and other overhead costs. Once common factors have been identified, the total manufacturing overhead can be divided by the number of hours that those factors were used in production. In conclusion, the amount of manufacturing overhead recorded on a job cost record for a particular job is found by the allocation of indirect costs to the cost of production.
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In IS implementation, which factor can lead to the risk of loss of confidentiality?
A.
loss of key employees
B.
poor password practices
C.
loss of hardware
D.
unskilled personnel
Answers
Answer:
B. poor passward practices
Explanation:
I dont have one exept that I took the edmentum test and it was right.
Answer:
THe answer is B
Explanation:
The W-2 form is a form that tells you______.
1) how often you will be paid.
2) how much Texas you’ve paid in the last year based on how much you’ve earned.
3) how much taxes to withhold from your paycheck
4) how much taxes you owe to the federal government.
Answers
Answer:
2) how much Texas you’ve paid in the last year based on how much you’ve earned.
Explanation:
A W-2 form is a document showing the amount of money that an employee earned in a particular year and the amount of taxes withheld. The form is prepared by the employer and presented to each employer and the tax authorities.
Employees use the W-2 form to file their income tax and FICA taxes, while the tax authority uses the form to track down employee's tax obligations.
What are the five Ws of a good press release?
Major Questions the release should answer
Types of Audiences for the release
Categories of the Media the release should cover
Five paragraph structure of the release
Answers
The main five Ws of a good press release which most journalists know that the basic format of a press release includes:
Whowhenwhatwherewhy information Why is five Ws of a good press release important?Investigative journalists, detectives, and researchers use the 5Ws and 1H technique as a straightforward technique to gather a comprehensive and accurate story. This method's premise is that if you can figure out the responses to these six questions, you should have a complete account of what happened. What, Why, When, Where, Who, and How are the six questions listed above.
The 5Ws and 1H framework is a remarkably straightforward but seriously powerful approach to data collection. The list is simple to remember and can be used as a guide for journalists and other researchers whenever they are frantically gathering data.
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Explanation:
The main five Ws of a good press release which most journalists know that the basic format of a press release includes:
Who
when
what
where
why information
Why is five Ws of a good press release important?
Investigative journalists, detectives, and researchers use the 5Ws and 1H technique as a straightforward technique to gather a comprehensive and accurate story. This method's premise is that if you can figure out the responses to these six questions, you should have a complete account of what happened. What, Why, When, Where, Who, and How are the six questions listed above.
The 5Ws and 1H framework is a remarkably straightforward but seriously powerful approach to data collection. The list is simple to remember and can be used as a guide for journalists and other researchers whenever they are frantically gathering data.
Give an example of reframing a problem by using the ‘Clarify the Problem and Goals’
worksheet in It’s Learning. Create the worksheet in your word document, make sure to
fill it out to show that you understand how to reframe the problem.
Answers
Reframing a problem by using the ‘Clarify the Problem and Goals’ worksheet in It’s Learning involves understanding the problem and the goals associated with it. This can be done by breaking down the problem into smaller pieces and looking at it from different angles.
To illustrate this, consider the following example:
Problem: I'm feeling overwhelmed by all of my upcoming exams
Clarify the Problem and Goals Worksheet:
Creating a study scheduleUtilizing study resourcesTaking breaks while studyingPrioritizing tasksCreate an Action Plan:
By following the steps outlined in the 'Clarify the Problem and Goals' worksheet, the problem of feeling overwhelmed can be broken down into smaller and more manageable parts, making it easier to come up with a plan of action.
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Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three dimensional. How is he MOST LIKELY to add this foreground? A. B. C. D. He might change his position to include some foreground items such as rocks or grasses. He might tilt his camera up to better capture the tops of the hills. He might add some framing trees in the middleground of his image. He might circle around to the side of the hills to capture the cows standing on top. PLS HELP!!
Answers
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.
The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.
Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.
Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?
A. He might change his position to include some foreground items such as rocks or grasses.
B. He might tilt his camera up to better capture the tops of the hills.
C. He might add some framing trees in the middle ground of his image.
D. He might circle around to the side of the hills to capture the cows standing on top.
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What is it called when a customer pays for an item in installments but doesn't
take the item until it is paid for in full?
Answers
Answer:
Layaway
Explanation:
“A system of paying a deposit to secure an item for later purchase.”
If Tom and Liz Gomes have liquid assets of $200,000, real estate of $350,000, home improvement loans of $250,000, and investments of $30,000, what would their total assets be
Answers
Based on the information given their total assets is $580,000.
Total assetsUsing this formula
Total assets=Liquid assets+ Real estate+ Investment
Where:
Liquid assets=$200,000
Real estate=$350,000
Investment=$30,000
Let plug in the formula
Total assets=$200,000+$350,000+$30,000
Total assets=$580,000
Inconclusion their total assets is $580,000.
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Juan is interested in becoming a machinist, but he is worried about finding a job at manufacture. which of the following statements are most accurate to his response to his concerns
A. in our global economy, machinist jobs no longer exist
B. In our global economy, most available jobs will be in manufacturing, but service jobs exist too.
C. in our global economy, the only jobs available will be service jobs.
D. in our global economy, most job growth will be in services but manufacturing jobs will exist, too.
Answers
The most accurate statement for your response to Juan's concerns is that in our global economy, most of the job growth will be in services, but there will also be manufacturing jobs. Option D is correct.
How to identify trends in jobs?For this, it is necessary to carry out a structured analysis of trends in the local and global economy. Jobs will generally follow market trends.
We can say that there is an increase in jobs in services due to the fact that the industry is increasingly automated and this trend will continue to grow in the coming years.
Therefore, it is necessary for Juan to seek to qualify professionally and educationally to adapt to the new demands of the current job market.
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Suppose that the chemical plant could use a different production method that involves recycling water. This would reduce the pollution in the lake to levels safe for recreation, and the resort would no longer be affected. If the chemical plant uses the recycling method, then the chemical plant's economic profit is $2,100 per week, and the resort's economic profit is $2,500 per week. If the chemical plant does not use the recycling method, then the chemical plant's economic profit is $2,400 per week, and the resort's economic profit is $2,000 per week. These figures are summarized in the following table.
Complete the following table by computing the total profit (the chemical plant's economic profit and the resort's economic profit combined) with and without recycling. Profit Chemical Plant Resort Total Action (Dollars) (Dollars) (Dollars) No Recycling 2,400 2,000 Recycling 2,100 2,500 Total economic profit is highest when the recycling production method is ___
When the chemical plant uses the recycling method, the resort earns $2 not used0 = $500 more per week than it does with no recycling. Therefore, the resort should be willing to pay up to $500 per week for the lant to recycle water. However, the recycling method decreases used $300 per week. merelore, the chemical plant should be willing to use the recycling the chemical plant's economic profit by $2,400 $2,100 method if it is compensated with at least $300 per week. Suppose the resort has the property riqhts to the lake. That is, the resort has the right to a clean (unpolluted) lake. In this case, assuming the two firms can bargain at no cost, the chemical plant will not use the recycling method and will pay the resort between $300 and $500 per week.
Now, suppose the chemical plant has the property rights to the lake, including the right to pollute it. In this case, assuming the two firms can bargain at no cost, the chemical plant will not use the recycling method, and the resort will pay the chemical plant between $200 and $300 per week The chemical plant will make the most economic profit when the resort has property rights to a clean lake True or False: The chemical plant will use the recycling method, regardless of who has the property rights. - True
- False
Answers
When the recycling production method is used, the total economic profit is highest. Therefore, the chemical plant will use the recycling method, regardless of who has the property rights. The correct option is True.
Economic profit is a term used to describe the difference between a company's total revenue and its explicit and implicit expenses. Explicit costs are straightforward and straightforward, such as payments for raw materials or labor. Implicit expenses are more complex, representing the opportunity cost of a given decision.
Economic profit is a way to assess a company's profitability that takes into account both explicit and implicit expenses.
Economic profit = Total revenue - (Explicit costs + Implicit costs)
In the following table, compute the total profit with and without recycling. The profit of the chemical plant, the resort, and the total profit will be calculated.
Without recycling, the chemical plant earns $2,400 per week, while the resort earns $2,000 per week. As a result, the total economic profit is $4,400 per week ($2,400 + $2,000).
When the recycling production method is used, the chemical plant earns $2,100 per week, while the resort earns $2,500 per week.
The total economic profit is $4,600 per week ($2,100 + $2,500).
Therefore, the total economic profit is highest when the recycling production method is used. As a result, regardless of who has the property rights, the chemical plant will use the recycling method.
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What button is used to format a table’s text to make it more interesting?
Answers
Then click the “Table Design” contextual tab in the Ribbon.
The preset table styles appear in a list in the “Table Styles” button group.
Which statement best explains why interest rates are impprtant when saving money? A lower interest rate allows someone's debt to grow more quickly The higher the interest rate the more cost to save money in a bank The higher the interest rate helps someone's money grow larger over time The lower the interest rate, the less it costs tk save money in a bank
Answers
Answer:
The higher the interest rate helps someone's money grow larger over time
Explanation:
Interest rate is the percentage earned by depositors on their deposit. For example, if a person save $200. If the interest rate is 10%, the person earns $20 on her deposit.
The higher the interest rate, the higher the growth in deposit.
For example if a bank offers a compound interest of 10% on deposit and another bank offers a compound interest of 20% on deposit. If $200 is deposited, after 3 years, the total amount that would be had in each bank is
$200 x (1.1)^3 = $266.20
$200 x (1.2)^3 = $345.60
It can be seen that the amount after 3 years is higher at the bank with the higher interest rate
Suppose a monopoly firm produces bicycles and can sell 10 bicycles per month at a price of $700 per bicycle. In order to increase sales by one bicycle per month, the monopolist must lower the price of its bicycles by $50 to $650 per bicycle. The marginal revenue of the 11th bicycle is
Answers
Answer:
$150
Explanation:
A monopoly is when there's only one firm operating in an industry
Marginal revenue is the change in revenue when one extra unit of a product is sold.
=( $700 × 10) - (650 × 11) = $150
TRUE OR FALSE? Please help
Compound interest includes interest only on the principle balance
Answers
TRUE/FALSE. when holders of mechanic's liens are equal in priority, and there are not sufficient funds to satisfy all their claims, they will share the funds that are available on a pro-rata basis.
Answers
The statement 'when holders of mechanic's liens are equal in priority, and there are not sufficient funds to satisfy all their claims, they will share the funds that are available on a pro-rata basis' is true.
A mechanic's lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property. The lien exists for both real property and personal property. In the realm of real property, it is called by various names, including, generically, construction lien.
The term "lien" comes from a French root, with a meaning similar to link, which is itself ultimately descended from the Latin ligamen, meaning "bond" and ligare, meaning "to bind". Mechanic's liens on property in the United States date from the 18th century.
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Of those listed below, the best example of a pure public good is a. a public school b. a radio broadcast c. a hardcover copy of a book d. a rock concert held in a small auditorium
Answers
Answer:
b. a radio broadcast
Explanation:
The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all
Therefore as per the given options, the option b is correct
hence, the other options are incorrect
The last step of a cost analysis is to examine the P&L statement or expense reports.
Answers
The last step in the accounting cycle is to make remaining entries by finalizing expenses, revenues and brief accounts on the quit of the accounting period. This includes closing out temporary bills, along with expenses and sales, and moving the net earnings to permanent bills like retained profits.
Income and loss (P&L) declaration refers to a financial statement that summarizes the sales, fees, and fees incurred at some stage in a specified length, usually a quarter or fiscal year. these records offer records about a company’s capacity or inability to generate profit by increasing sales, lowering expenses, or each. P&L statements are often presented on a cash or accrual foundation. company managers and traders use P&L statements to analyze the economic health of a company. A profit and loss (P&L) statement summarizes the revenues, fees and fees incurred all through a selected time frame. A P&L statement offers information about whether or not a company can generate profit by increasing revenue, decreasing expenses, or each. The final step within the accounting cycle is to make closing entries with the aid of finalizing costs, sales and brief bills at the stop of the accounting length. This includes remaining out brief money owed, such as fees and revenue, and moving the net earnings to everlasting debts like retained earnings.
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What do most businesses use to store information for future use?
Answers
Answer:
Flash Memory Thumb Drives.
Explanation:
For storing information in the future, most businesses make use of Flash Memory Thumb Drives. With Flash Memory Thumb Drives, you can connect to a PC USB port in an attempt to back up your files on the go.
Tim is the accountant of a trading firm. Two years ago, the company bought a commercial van that had a value of $10,000. The van’s current market price is $8,500. However, Tim continues to value it at the original cost. Which principle guides his action?
Answers
Answer:
B. historical cost
Explanation:
According to the historical cost principle, the assets should be valued at purchased cost whether the market value is more or less
Since in the question, it is mentioned that the Tim continues the commercial van value at the purchased cost only even the market price is available
So this represents the historical cost principle
Hence, the correct option is b,
How does fair trade benefit producers in over 80 countries?
Answers
Fair trade benefits producers in over 80 countries by providing them with a better deal for their products and a more stable and sustainable income. This is achieved through several key ways:
What is Fair Trade ?Fair pricing: Even when market prices are low, fair trade guarantees producers a minimum price for their wares. As a result, investors are shielded from market swings and guaranteed a fair and consistent income.Better working conditions: Fair trade encourages equal compensation for equal effort, healthy and safe working environments, and the abolition of child labour. This enhances the quality of life for farmers and the communities where they live.Community investment: Fair trade businesses give back a portion of their profits to the local communities where their producers live. Funding for community development initiatives like infrastructure, healthcare, and education is provided by this money.To know more about Fair Trade , check out :
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Double-Dip makes ice cream. The only advantage Double-Dip has over its competitors is taste. Double-Dip costs more and has more calories per unit weight. Promotions for Double-Dip should emphasize the experiential hierarchy of the ABC model of attitudes.
True
False
Answers
It is true that the only advantage Double-Dip has over its competitors is its taste.
Who is a competitor?Anyone who engages in business with, owns a company, participates in a sport team, or supports an institution is a competitor. In a race, a person is your competition if they're aiming to outrun you. In business, we don't merely say a person is a rival. Likewise, there are rivals in politics, acting, music, athletics, and other fields. A close competitor is referred to as a rival in business. As a result, competitors produce identical products and are of a similar size. We refer to two businesses as archrivals when they are industry leaders. Coca-Cola and PepsiCo, two market share leaders in the beverage industry, produce nearly identical goods. Coca-Cola and Pepsi are fierce competitors.
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