Answer:A. Marine West Coast
Explanation:
I’m sorry I’m not answering your question but at this point a report doesn’t matter because this same low life has so many different accounts
Answer:
choosing one cereal over another and losing the chance to buy the other
Explanation:
Opportunity cost is the choice sacrificed for another alternative.
Our wants according to economics are unlimited. The resources to meet these unlimited wants are also scare. Production is limited by availability of resources.
Due to limited resources, we have to choose more important needs over the other. Often times, a scale of preference is drawn for our wants.
The cost of choosing one particular commodity over another is called the opportunity cost.
Answer:
Families and social customs have the most influence over the production of goods and services in a traditional economy.
Explanation:
A is not correct because this type of economy is a transitional type where both the private sector and the government have a big influence on production.
B is correct because this is the economic type where the families and social custums, or rather tradition, have the biggest influence, with change often being viewed with skepticism and rejection.
C is not correct because this is an economic type that is found in communist countries, and the government has the main say in the production.
D is not correct because this economic type promotes perfect competition, with all businesses being owned and all decisions made by the private sector.
