Answer:
C.2
Explanation:
good luck have a nice day
Answer: this example illustrates subjective measure of fairness
Explanation:
In this case, each person has a different point of view of what is fair or equitable in a relationship.
Answer: the answer is E that is A and C only
Explanation:
Market output is below the social returns and Prices are too high.
When significant external costs are associated with a good or services then the price of the good is tool low because external costs are not being paid and its output level is too high relative to the socially efficient supply ad demand for example as the price of goods goes up, consumers demand less of it and more supplies enters the market.
marginal social rates of return and demonstrates the inadequacy of wage differentials ... leads to no reduction in output
The Portuguese had a direct trade route to Asia and the Spanish discovered the America. The Spanish colonized the Americas and the Portuguese colonized India
