The correct answer is D. It provides owners with a strong incentive to develop and use assets in ways that others value highly.
Explanation
Private property is a concept used in the field of economics to refer to the right of an individual or organization to independently own and control a good. This allows homeowners to use these means to promote their economic prosperity. In general, private property refers to the means of production or transformation of raw materials that give added value to objects. So the correct answer is D. It provides owners with a strong incentive to develop and use assets in ways that others value highly.
Answer: Income effect
Explanation: The Income effect could simply be explained as the impact of price on an individual's income which ultimately affects the demand for certain products. Using the scenario above as a case study,Assuming Manuel's income remains constant, the increase in price of Manuel's favorite, donut increases, this increase in price will lead to a decrease in Manuel's purchasing power as Manuel's income tends to suffer or diminish more due to the price increase. Therefore, in other to contain this effect, Manuel will have reduce his consumption, hence leading to lower demand for goods including that of donut.
Answer:
how directly the rays of the sun hit a location.
Explanation:
The ozone layer that's exist on Earth's atmosphere reduce the amount of heat that get into the earth from the sun ray. Pollutants that humans made from our day to day activity could actually damage this ozone and reduce the amount of protection that it provide from the sun ray's heat. As a result, it resulted in high temperature that's abnormal to earth's environment.
Phenomenon like this could be the cause of several events such as melting ice in the north pole, burning forests, etc.
Answer:
Ethnocentric.
Explanation:
As the exercise briefly explains, people with an ethnocentric worldview orldview are not just generally prejudiced or racist, but specifically view non-Europeans negatively. They believe they're better than other individuals because they have a certain heritage which they believe to be better than others. So, all in all, ethnocentrism is the act of judging another culture believing that one's culture is better.
