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.
You would best describe Economics as the study of how society allocates resources and good as well. This would be how resources are limited, and how they can keep up with the unlimited demands and wants of the resources.
If colonists mistreated natives in any way, treating them as less than human, that would indeed inflame the native population, leading to increased tension between the two groups. This problem, when not solved, has led to revolts and few colonies.
Answer: Feudalism as a fundamental socio-economic relationship of the Middle Ages.
Explanation:
Feudalism implied a hierarchy in which all social classes were included, and it functioned for centuries during the Middle Ages. At the top of the "feudal pyramid" was a king who allocated land to nobles or feudal lords, on that land worked serfs who took part of the income from the land for themselves, and in case of war, the feudal lord, in turn, had to assign a certain number of soldiers. Was a larger feudal lord had to provide a larger number of majors). The disappearance of the feudal system occurred with the emergence of the first economic relations, i.e., the emergence of private property; the king no longer had to allocate land to have an army but could hire and pay from the state treasury. Fundamental changes in economic relations that are still relevant today occurred during the XIX. century. Namely, this is the Industrial Revolution period when large capitalists appear, who pay taxes to the state for their activities, and economic relations are still in force today.
Answer:
Answer:
- The rhetorical positions and contrasts are as follows:
- Emotions vs cognition
- Emotional as rational vs irrational
- Emotions as cognitive grounded or cognitive consequential.
- Event-driven vs dis-positional
- Dis-positional vs temporary states
- Emotional behavior as controllable actions or passive reactions
- Spontaneous vs externally caused
- Natural vs moral
- Internal state vs external behavior
- Private vs public behavior
- Honest vs faked behavior
Comparison and contrast are the two terms that has been used to analyse two or more things by using the analytical thinking.
