Answer: because it forces firms to achieve maximum efficiency (productive and allocative efficiency). Requires that goods be produced in the least costly way. Firms are forced to produce at the minimum average total cost in the long run.
Explanation:
The correct answer is no.
Natural Resources are things that occur in nature that can be used for economic gain. Since flour is a processed product and does not occur in nature it is not a natural resource.
Answer: A. upward
Explanation:
Tariffs are taxes that a Government imposes on imported goods in a bid to protect local producers that are making the same goods.
When a Tariff is implemented, it will make goods from outside more expensive as well as give domestic producers an opportunity to charge higher prices as imports have become more expensive.
Both of these results will pull the domestic prices up.
Answer:
6300
Explanation:
Net income is the amount of income remaining after payments have been made. So sum up all receipt and subtract all payments to get net income
4) Trade-off
5) it might be "Their resources are limited"
