Answer:
incentives, trade-offs, opportunity cost, marginal thinking, and the principle that trade creates value.
Explanation:
Phil Ruffin bought treasure island
Answer:
d. the Circular Flow Model
Explanation:
Based on the information provided within the question it can be said that this statement is an example of the Circular Flow Model. This model (like mentioned in the question) illustrates the flow of cash from different people or company's in different industries. Where one person/company pays another, which takes it in as income and uses that to pay another company for what they need and so on.
Answer:
A fruitworm infestation ruins a large number of apple orchards in Washington state.
Explanation:
The fruitworm infestation would reduce supply. The supply curve would shift to the left as a result.
I hope my answer helps you
Answer:
Executive order
Explanation:
Executive order - it is referred to order that can only be issued by the president of the United States to the executive body of the state.
it is Refer to official order directly issued by the president to prevent or allow doing something.
As it is mentioned in the information in the given question, in 2150, when people are having a war for water on the new country of Mars, then president of America issued an executive order to notify every executive body not to sell any good and service to a new country of mars