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Anni [7]
2 years ago
10

Features of wealth definition 10

Business
1 answer:
Kay [80]2 years ago
5 0
<h2><em>Features of wealth :-</em> </h2>

<h3>The following are the characteristics of wealth: </h3>
  • <em><u>Increased stress on wealth</u></em>: This definition presented considerable value to the nature of money in the economy. According to some economists, the economic success of any country depends on the accumulation of wealth.
<h3 />
  • <em><u>Examining the Nature of Money:</u></em> According to this definition, economics is also divided with the investigation of the circumstances that led to the creation of wealth.
  • <em><u>Research on the Nature of Wealth:</u></em> According to this definition the wealth of a nation consists only of physical products.
  • <em><u>Economic Man: </u></em>This theory states that an economic man converges on his personal goal, that is to earn money
<h3> </h3><h2>Hope it helps.......</h2><h2>STAY SAFE, STAY HEALTHY AND BLESSED.</h2><h2>HAVE A GOOD DAY</h2><h2>THANK YOU</h2><h3>#Jennifer</h3>
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A-public policy

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product B

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Less: Variable cost per unit ($3.50)   ($2.00)               ($2.00)

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Contribution per machine hour $2.00   $4.00            $3.00

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Answer:

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