The answer is d scarcity! This is because economics is the overall study of the economy, supply is the product or service sold in economics, and demand is the want for certain products or services. Scarcity is when there is few of certain items so people want more than they can get.
Answer:
<em>any paid form of non-personal communication about an organization, product, service, or idea by an identified sponsor.</em>
Explanation:
Yes, it is very true that in advertising of a product or something, we have to pay and it is not a personal communication as well, it just advertises and promotes a particular thing which it is paid for and it also provide services to its customers who post their advertisement, and it is platform where new ideas are been generated by the sponsor of that particular advertisement.
Answer:
Having a lower opportunity cost of producing a good relative to that of other countries.
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
Also, the principle of comparative advantage asserts that countries can become better off by specializing in what they do best.
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
Hence, comparative advantage in production is achieved by having a lower opportunity cost of producing a good relative to that of other countries.
$700 is the amount you pay before insurance pays in excess of that amount
Anything needed to sustain human life. Water, food, housing, clothing are the big ones.
