The indentured servants were people who were too poor to pay for their passage to the new world (reason: poverty). They sign a contract that they would work for someone in return for the passage ticket
Answer: B. an output of the product that is less than the amount consistent with ideal economic efficiency
Explanation: Economic efficiency is the state in which all available resources are optimally allocated to serve each individual or entity in the best way while reducing to the minimum, waste and inefficiency. In reality, economic efficiency has shown that nothing can be improved without something else being hurt.
When competitive forces are weak, it leads to decrease in output as economic efficiency is only maximized when price is equal to marginal revenue because at this point both profit and efficiency are maximized.
Answer:
The bowling ball is round in shape and red in color.
The bowling ball is smooth and hard.
The shape of the bowling ball is round.
The color of the bowling ball is red.
The bowling ball is hard.
The bowling ball is smooth.
Answer:
Environment denotes the sum total pf physical and biological factors that affect the survival, growth, development and reproduction of an organ ism. Population, environment, and development are interrelated to each other. Environment affects the life of living organ isms and socio-economic development process.
Explanation:
Answer:
A decision to intervene in some human rights situations but not
others- C.
