The western most-state is Alaska
Implicit costs are imputed costs of self-owned and self-employed resources.
Example:
- (i) Interest on entrepreneur's own capital.
- (ii) Rent on entrepreneur's own land used in business.
The invisible hand is an economic term to describe the tendency of a market prices to lead individuals chasing their own interests into productive activities that encourage economic welfare of society too. With this explained, we can choose <em>C a term economists use to describe the self-regulating nature of the marketplace</em> as the correct answer.
A study routine is the answer
I believe the answer is: <span>enough statistical support for the research hypothesis when there is not
In statistic terms, a type I error refers to the occurrence of "false positive" findings.
A false positive often happen when we do not have enough subjects which make us believe the data that we took from a small sample represent the true condition outside the research.</span><span />