<span>Which of the following commodities is a good?
I think the correct answer from the choices is option b. A desk is considered to be a good since it is a physical product.
</span>A market economy is regulated by the interactions between which two things?
The correct answer is option B, producers and consumers.
B is likely the correct answer.
There are very few economists who advocate for the privatization of the military as the privatization of military has interesting efficiency and national security concerns. (Militaries in the hands of CEOs...)
Instead, many economists see the military as an example of the government providing for the protection of the collective common good and that it is most efficient and necessary for the government to provide this service.
Answer:
5 pillars of islam I assume
Explanation:
Fasting would most likely be the most challenging as fasting is difficult enough for one day imagine not eating a whole month.
Answer:
D
Explanation:
Back to the revolutionary war french help the 13 colonies break free of taxes as you know the 13 colonies dressed up as native Americans and threw the tea into the sea.
The correct answer is D. A good with an elastic supply
Explanation:
The supply of a product is elastic if it is flexible and changes according to other factors such as demand or price. This means the amount offered by producers of a good is not the same all the time but can vary. This occurs in the case of grass seed because to attract more customers producers needed to lower the price and the amount of seeds they offered in each bag. This shows there was a change in the supply due to changes in the price of this product and the buyers' preferences.
