D) less socially stratified
The <em>concept of scarcity</em> states that there will be a deficit regarding the supply of a certain good in comparison the demand for it. Therefore, a state budget must revise its current state knowing that there will always be some players who will lose benefits in the attempt of shifting the assignment of resources.
The <em>marginal analysis</em> is an examination of the additional benefits a certain activity gets compared to a number of additional resources assigned to it. It helps the state government have a better view of where to allocate resources. As there are sectors that will probably gain more benefits than others with the same assigning of resources. The key to this analysis is to now the best amount to allocate to each sector in order to get the maximum efficiency of the budget.
Katherine's opportunity cost of attending the lecture is: the transportation and time cost of getting to the lecture event itself plus the reduction in her physics exam grade by not studying tonight.
<u>Explanation</u>:
The opportunity cost is the "cost" lost by not enjoying the benefit associated with the chosen alternative choice. People usually make use of opportunities to make themselves better.
The opportunity cost can be explained as giving up of profit or value to achieve something else. Opportunity cost is the value of giving up the best thing whenever you make a decision. When Katherine decided to attend the lecture of her favorite author, she lost her time, transportation cost and even scored low grade in physics exam as didn’t study on exam night.
Other countries have faced inadequate infrastructure and untaught citizens about the market economy. Some countries also didn’t have laws in place to help support a market economy.
Answer:
The answer is- Imagination inflation
Explanation:
Imagination inflation means to repeatedly imagine non existent actions. Imagining oneself performing a simple action can trigger false memories of self-performance. It is the increased likelihood that the person will see an event as having actually occurred meanwhile it is false. Imagination inflation results in false memory which is a recollection of an event that did not actually happen. The students are more likely to think they have broken a toothpick as they repeatedly imaging breaking one. This is called an imagination inflation.
