Answer:
An indifference curve describes how a consumer is indifferent to goods and services and its various combinations at a given total earnings. Demand and consumption forms the primary base of the indifference curve and the curve is usually drawn from the position of the customer involved.
PPC means production possibility curve and it helps in the enlightenment of the production possibilities of two different set of goods. Production, technology and available resources forms its primary base and the curve is usually drawn from the position of an economy in perspective.
Answer:
Consumers and producers in a free market economy are "free" to produce and consume what ever they want, and demand for products dictates production--whereas in a command economy, producers are told how much to produce by the government.
Explanation:
In a free market economy is where the individuals who are the producers, make their own decisions on what products to produce and sell.In this type of market, the government does not intervene. The advantage of this system is that producers have full control to produce products of their choice and they are more multivated to work and produce goods to earn money.This also boosts the economy growth by allowing the total control to the producers who produce goods according to the demand of the market.
Earth's earliest atmosphere lacks Oxygen, the gas necessary for life because it is a requirement for aerobic respiration.Oxygen does so many things for our body but It is the only respiration human body cells are capable of. Oxygen is needed for multiple reasons. It nourishes cells, allows the chemical transportation, helps toxins and waste material to break down and it supports and provides energy to our metabolism.
It is where all the important places are many were capitals. hope this helps good luck
