Answer:
Equilibrium price and quantity will reduce
Explanation:
Due to the reduction in the number of elderly people in Northern New York during the winter, demand for items used by the elderly will decrease which will cause a decrease in equilibrium quantity supplied and equilibrium price of those items.
It would be C due to the fact the water was the most important source in Egypt
Answer:
c.
Explanation:
Based on the information provided it can be said that in this scenario it seems that the approach being illustrated in this scenario is a standardized strategy. This type of strategy in which the company in question treats the entire world as one big market that hold little to no variation, and therefore market their product exactly the same in every location. Which is exactly what Lilly's Beuty company is doing by selling the same products all around the world.
Answer: In year 1871, i.e. era of classic anthropological, Edward Tylor defined culture as “a convoluted whole which tends to majorly includes factors such as belief, knowledge, law, art, morals, custom, and several other habits and capabilities acquired by human when they tend to act as a member of their respective society”.
In economics, the cost of something is <u>c. what you give up to get it.</u>
<u>Explanation:</u>
Cost is the amount that is to be paid for the goods or services consumed by the individual. Economists define the cost as what you give up to get it.
Paying some amount to get something you want. The cost can be referred as the monetary value of efforts, utilities consumed, resources, materials, time and opportunity forgone in the production of a good or service.
Cost can be classified as fixed cost, variable cost, semi-variable cost and total cost.
