The sum of the explicit and implicit costs incurred in the production process is called total cost
Answer:
decrease; increase
Explanation:
This is the case because as the central bank of that country lowers interest rate, with the goal recovering from the recession, but because the interest rate is low, the value of the country's currency (exchange rate) will decrease as a result of low investment spending.
When this occurs there will be an increase in net exports as a result of foreign demand because the prices of the country's export is now lower.
Answer:
Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.
Explanation:
Given in this case, Maxwell is applying "Universal Commercial Code (UCC)" division 2 provision, which defines all the goods and services.
A movable property, which can be sold from seller to the buyer at certain prices are called goods. Therefore, in this case, "Raw Cream" comes in the definition of goods, as it is directly sold to Maxwell by the grocery shop.
Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.
Highest growth rate based on GDP rate is found in Japan. This has been an ongoing trend for the last 100 years.
1) Renewable= anything that can be replenished naturally over the course of time
Nonrenewable= (fossil fuels) things that cannot be replenished naturally
2) Renewable= solar power, wind power, wood
Nonrenewable= coal, gasoline, natural gas
8) Reduce, Reuse, Recycle
