Answer:
D. the market will fail Explanation: The output at maximum level will eventually reduce demand because the product will be over in circulation which attract a deducting in its price and demand too.
Answer:
A photograph of Maria in her work clothes with smiling face
Explanation:
Maria is an individual or person, who works as designer in the design department of a company. Being a designer, her work involves creativity in her designs which attract the customers.
And she wants her online presence to signal or state that by profession she is a business professional in order to choose a profile picture for her online presence, she needs to choose a photograph, in which she is wearing her work clothes along with a smiling face.
Answer:
The correct answer is option C.
Explanation:
The law of comparative advantage states that a country will produce and export the commodity it has a comparative advantage in producing.
In other words, if the country can produce good cheaply or at a lower opportunity cost.
The good that cannot be produced cheaply or has a higher opportunity cost will be imported from the country that produces it cheaply.
Answer:
The correct answer is A. The time value of money.
Explanation:
In economic theory, the temporary value of money is intended to represent the idea that a dollar of today is worth more than a dollar of the future, even after adjusting for inflation, because a dollar can now generate interest or other returns up to moment in which the dollar of the future is received. This theory is based on the calculation of present or current value.
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