Answer:
- John is using available and renewable resources.
Explanation:
Economics is primarily associated with the allocation of limited resources for the production of goods and services and the distribution as well as consumption of these goods and services.
As per the question, John's use of economics is reflected by his 'use of limited available and renewable resources'(apple orchard) to produce goods(in the form of 'Pies') for distribution and consumption('selling them in the market'). Thus, the land(orchard), labor(John himself), capital(his time and money in making pies from apples) act as the factors of production in this economic activity.
Answer:
the magna carta
Explanation:
it was written in 1215, way before the pilgrims
Answer: Externalities are side effects (good or bad) that occur when a person or a company performs an activity and does not assume all the costs of it, or all the benefits that could be reported. In this way we can distinguish:
Negative externality: Arises when not all the costs of a negative effects are assumed. In these cases, a social cost is generated, since it is the whole society that suffers the consequences of its actions. And the market price does not collect this cost.
Positive externality: Arises from a positive effect that is not reported as a benefit. An example of positive externality that we can mention is scientific research, from which society in general benefits. In these cases, market place do not reflect the real benefits.
Aristotle in his Nicomachean Ethics describes 3 kinds of friendships: of utility, of pleasure and of the good. He talks about friendship of utility meaning the one that exists between two people that are usefull to each other. For instances you might be friendly with you neighbour just because he takes care of you little pet whenever you want to go out a week-end plan.
Friendship of pleasure is between people who enjoy their mutual company. That would be if you have a close mate with wich you enjoy jogging or having a casual dinner once a week, the one you are common interest with.
Friendship of the good is the one thats based on mutual respect and admiration, they take longer to build but are the ones that are longlasting.
The first two tipes of friendship are easily brokesn, especially when the goal is achieved, or the routine becames boring and you need some fresh air. I would say that Bonnie and Shawanna are friends of utility. As the stament says they go out for drinks after work because is usefull for each other. But that doesn´t mean that after some time together and long and deep conversation they couldn´t find some interest in common and share another kind of frinedship.
