Answer:
This is the complete question with options
Alex sees that his neighbors' lawns all need mowing. He offers to provide the service in exchange for a wage of $20 per hour. Some neighbors accept Alex's offer and others refuse. Economists would describe Alex's behavior as
A. rational self-interest because he is attempting to increase his own income by identifying and satisfying someone else's wants.
B. greedy because he is asking for a high wage that some of his neighbors can't afford to pay.
C. selfish because he is asking for a wage that is higher than others might charge.
D. irrational because some neighbors refused his offer.
The answer is A . rational self-interest because he is attempting to increase his own income by identifying and satisfying someone else's wants.
Explanation:
Alex is regarded as a rational self - interest individual because his decision focuses on his own monetary benefits which also influences the environment in which he is, in the sense that he is helping his neighbor mow their lawns.
Answer:
Mrs. Blackwell and Mr. Choi arrived into a contract concerning the compensation for the effort done by Mr. Choi to Mrs. Blackwell. The contract was employed by each gatherings and that acmes the thought for the guarantees created by Mrs. Blackwell.
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If Mr. Choi has some responsibility for the expenditures then he ought to have evaded language the agreement or the contract
- Although, language the procedure he has acknowledged the potential or the circumstances stated within the agreement
- The probable in convalescent the exposed compensation would be fully trusted upon the Mrs. Blackwell, since they're already concerned within the contract
Therefore, by seeing the conditions it is terminated that Mr. Choi might not have acknowledged any get pleasure from the assertion.
Answer:
that you should pay your own savings and investment accounts first. You are "paying" your future self by saving for your long-term needs and expenses.
Explanation:
Answer:
Natural resources (land)
Labor (human capital)
Capital (machinery, factories, equipment)
Entrepreneurship
Explanation:
nature is the first key of success like having a land to start up
labor is the teamwork needed support between all ( all for one, one for all)
capital is needed just like food, no money no business
Entrepreneurship: it depends on what is the idea of business you want, and how it really help the community
