Answer:
The correct answer is, Farmers made sure that the highest bids that the bank received when auctioning their homes were pennies.
Explanation:
When people mortgage their properties or precious materials to banks, in order to get loans, and are unable to pay the loans, then banks sell their properties or precious materials to get their money back. They usually sell the mortgage at a good price to have their loans recovered. So farmers made sure that the people who came for auctioning of the houses offer pennies, so that banks won't sell the homes at so low price. In this way, farmers could help their neighbors keep their homes.
Answer:
a.Costs initially go down and then go up.
Explanation:
The average total cost curve of an enterprise consists of the sum of the fixed cost curve and the variable cost curve. Fixed costs are those that cannot be eliminated in the short term, such as the utility bill. Varied costs are those that can be reduced if the company decreases the quantity produced. For example, inputs and labor.
Thus, initially the total cost curve tends to decrease as production increases, as fixed costs are slowly diluted as the production process advances. However, at some point this cost curve tends to increase, because if there is no economy of scale, marginal production will be decreasing, ie, after a certain point of production, each additional production will be more expensive (will require more variable costs ) and this will lead to an inflection in the average cost curve, which will increase further.
Answer:
A-Come up with a basket of goods bought by a typical consumer.
D-Find out the prices of the different goods.
C-Calculate how much the basket costs in each period.
B-Convert the cost of a basket to an index number.
Explanation: A Consumer Price Index is basically used to measure changes in the price level of a weighted average market basket of consumer goods and services purchased by households. It is used to measure inflation. Four steps are required when measuring the Consumer price index of an household. They include ;
Coming up with a list of items or good basket purchased by a consumer. Once that has been done, the prices of the separate items and cost of items at different times or period then convert.
Answer:
<h2>Mayan civilization </h2>
<h3>lasted for more than 2,000 years, but the period from about 300 A.D. to 900 A.D., known as the Classic Period, was its heyday. During that time, the Maya developed a complex understanding of astronomy. They also figured out how to grow corn, beans, squash and cassava in sometimes-inhospitable places; how to build elaborate cities without modern machinery; how to communicate with one another using one of the world’s first written languages; and how to measure time using not one but two complicated calendar systems.</h3>
<h3>Maya historians have generally settled on a combination of three main factors which could have caused the Maya collapse: warfare between city-states, overpopulation, and drought</h3>
Explanation:
<h3>I hope I help </h3><h3>please BRANLIES ME OK THANK YOU</h3>
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