Answer:
That statement is false.
Explanation:
To prove this, we can use the sale of used products as an example.
Let's say that you bought a laptops, and used it for around 3 months. But, since you don't use it too often, you decided to sell it. Even though the laptop still function almost perfectly, you decided to sell it with half-price, A poor student who need it for his study but cannot afford the laptop at full price decided To buy that laptop from you.
When we examine the scenario above, no new goods/services is created. You just sell your old laptop. But it definitely improve the life of the poor student since he can get the benefit of almost a new laptop with lower price.
Explanation:
It might be helpful to list Janes factor costs. Think broadly. Obviously, there are costs for paint and brushes. There are also transportation costs, craft fair fees for having a table, possibly insurance, the cost of the garage or studio to to the repainting, etc. Also, be sure to include Jane's opportunity cost for doing such work
Answer:
Many decisions are taken at the margin
Explanation:
Many decision are taken at the margin.
He makes small changes at the margin in the number of hours spent training on each activity.
Paola and his wife both realise that increasing time spend in the pool will decrease his total triathlon time.
His time is fixed (20hrs) and anytime he wants to spend extra on one activity, i means that he cannot spend time on another (this is known as opportunity cost).
They are both on the same page in terms of trying to improve Paolo's total time (exploiting opportunities to makes themselves better off).
1hour switch in Paolo's point of view isa major change, whereas his wife recommends a wholesale change.
Paolo realises that as he spends more time in the pool improving his swim time, his run and cycle times will take a hit. As he swims more, his improvement is likely to slow down, while spending less time on cycling and running will cost him more in terms of time.
Hence Paolo is looking at the margins.
His wife on the other hand, is not, she is ignoring the interaction, may be forgetting the ncreasing deterioration in terms of time of the other 2 legs
The answer is letter B. <span>Mexico and the United States.
Since Mexico and United States are geographically close to each other, the policy will affect them relatively more.
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France so interested in setting up a colony in Florida because they wanted to build a base to attack Spanish ships and steal the gold they were sending from South America to Spain.
Answer: Option A
<u>Explanation:
</u>
The French settlers and armed forces that existed in the south-eastern part of North America were aware of the transport of gold that was done by the Spanish to take it back to Spain.
The French wished to loot the Spanish ships transporting gold from South America to Spain and take hold of Spanish ships full of gold. To fulfil this wish of theirs, they wanted to build a military base in Florida.