Answer:
Among the options given on the question the correct answer is option A.
Should we produce jeans with expensive machinery or less expensive labor.
Explanation: There are many determining factors for producing a specific product. There are requirements to determine about the production system, market, demand of the customer.
However , one of the important factor to produce a specific product is to determine the process. Like in the excerpt it is said that how to produce the jeans.In the first option it is said whether to use expensive machinery or less expensive labor. Now the fact is that the production type will be different if the system is changed.
Like as the if the expensive machinery is used for the production the price of the product will be high and the quality will be better.On the other hand if the less expensive labor is used the price will be lower.
Therefore,the option A best illustrates how to produce a specific product.
Answer: True
Explanation:
Inflation rate actual measures an increase in the consumer price index (CPI) which is based on average prices of various goods.
The goods which are considered under inflation are based on whether they fall under the prevalent consumption basket in that country.
The index therefore has various goods based on what goods that country consumes the most some goods are responsible for price increase whilst some for price decrease depending on how heavy does each good weigh on the overall consumption basket of that country.
A price index refers to an average price of particular good or services in a particular region at a certain period.
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Censure.
Contested Senate Elections.
Declarations of War.
Expulsion.
Filibusters and Cloture.
Impeachment.
Investigations.
Nominations.
Answer:
Individuals own the development factors and respond to the three economic issues. Any of the output factors are owned by the government.
Explanation:
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