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Nataliya [291]
3 years ago
5

Very few people in the United States today attempt to follow the example of Henry David Thoreau in On Walden Pond and "go into t

he woods to live simply, producing by my own hands all that is necessary for life."
Economists explain this by saying:

a.There are not enough woods for everyone to live there.

b.Being self-sufficient dramatically reduces one’s standard of living.

c.More people prefer to live in large cities.

d.Living in the woods would require too long a commute for most people.

e.There are no attractive aspects of living quietly in remote areas.
Business
2 answers:
valina [46]3 years ago
5 0

Answer:

Being self-sufficient dramatically reduces one's standard of living.

Explanation:

Thoreau had a view that one should go into the woods, live simply and produce what you need with your own hands (be self-sufficient).

Economists explain why most people in the United States do not do this. To an economist everyone in society have their own specialisation. That is why they emphasize division of labour.

So going into the woods to be self-sufficient is not the best use of one's resources and abilities.

Everyone has something unique to contribute in an interaction. What I have comparative advantage producing will be difficult for another person.

This will create a network of people giving what they have comparative advantage producing in exchange for goods and services they do not have competitive advantage producing. This results in everyone maximising utility.

But Thoreau's view will not maximise utility because it is not possible you have advantage producing all you need.

Mazyrski [523]3 years ago
3 0

Answer:

The correct answer is letter "B": Being self-sufficient dramatically reduces one’s standard of living.

Explanation:

In the globalized, rapid-changing world we live in, American writer, poet and philosopher Henry David Thoreau's (1817-1862) point of view on adventuring in life being self-sufficient remains useless. Mankind has proven to optimize their quality of living thanks to exchanges we can make with others to optimize the satisfaction of our needs.  

Over the years, isolated economies such as <em>Cuba </em>or <em>North Korea</em>, have remained stagnant providing their inhabitants' lifestyles with very little opportunity to really do what individuals could desire.

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Classical economists traditionally believed that:
murzikaleks [220]
One the concepts that economists believe in a classical economy are that "a change in money supply can affect GDP." To add up, a traditional economy mainly bases on original customs and traditions in their economic system, wherein among the common examples of these are rural farms. 
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3 years ago
How are business entrepreneurs and social entrepreneurs different?
julia-pushkina [17]

Both approaches fulfill a need in the market and aim to earn a sustainable profit. The main difference is that social entrepreneurship focuses beyond simply generating a profit, and measures its performance on the positive impact the business makes on society – whether social, cultural or environmental.

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Read 2 more answers
An increase in the selling price per unit will decrease an organization's operating leverage, assuming sales unit volume doesn't
xenn [34]

Answer:

a) true

Explanation:

This is true because, increasing the price of the product sold by an organisation directly lead to the reduction of the operating cost of the said organization, all other things being equal. <em>For example, a glass manufacturing company increasing the selling price per unit glass from $40 to $90 will definitely lead to operating cost reduction.</em>

7 0
3 years ago
In classical conditioning, the ns becomes a ________ after it reliably signals the occurrence of the ________.
Leto [7]

In classical conditioning, the Neutral Stimulus (NS) becomes a Conditioned Stimulus (CS) after it reliably signals the impending occurrence of the Unconditioned Stimulus (US).

The conditioned stimulus (CS) is a neutral stimulus (NS) that - after being repeatedly presented before the unconditioned stimulus - evokes a similar response as the unconditioned stimulus (US).

For example, a cat staring at a can of food (unconditioned stimulus) reacts differently to the sound of a can opener being struck on any surface (neutral stimulus). But if you condition a cat to believe that striking a can opener on any surface signals it will eat a can of food, the neutral stimulus becomes the conditioned stimulus.

Learn the difference between classical and operant conditioning here: brainly.com/question/17583598

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8 0
2 years ago
All of the following statements about exit in monopolistic competition are true, except: Select the correct answer below: When e
Murljashka [212]

Answer:

When economic losses induce firms to leave the industry, demand for the original firm decreases.

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants  

When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero

If firms are earning negative economic profit, in the long run, firms leave the industry.  This drives economic profit to zero

in the long run, only normal profit is earned

5 0
3 years ago
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