The correct answer is:
Losing money
The producer is losing money, because is not getting any profit from his product, contrary he spent more money to produce it than what he received for it. In total, He lost $25 dollars.
Answer:
The type of society that uses a traditional economic system would typically be an ethnic group or tribe. The traditional system is not typically used on a national level. Traditional economic systems answer basic economic questions by use of ritual, habit, or custom.
Explanation:
Good soil, Closest to animals and clean water
<span>Answer: persons consumption of the good does not leave less for others to consume ( non rivulrouse consumption)
2 joint consumption- we can all consume at the same time
3 consumers strategically do not pay producers for their output because of chronic free riding.
4 once it is produced it is not economically viable to exlude the free rider.</span>
Answer:
When a nation exports more money they lose money.
Example:
If India exported 5 million dollars worth of cotton they lose 5 million dollars worth of cotton. 5 million dollars is not a lot for a nation's economy but I hope you understand!
