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fiasKO [112]
3 years ago
13

Discuss the role of the consumer and the production of goods and services in relation to core concepts of economics.

Social Studies
2 answers:
harkovskaia [24]3 years ago
7 0

Answer:

Four key economic concepts—scarcity, supply and demand, costs and benefits, and incentives—can help explain many decisions that humans make.

Scarcity explains the basic economic problem that the world has limited—or scarce—resources to meet seemingly unlimited wants, and this reality forces people to make decisions about how to allocate resources in the most efficient way.

As a result of scarce resources, humans are constantly making choices that are determined by their costs and benefits and the incentives offered by different courses of action.

Explanation:

AleksandrR [38]3 years ago
4 0
While having a basic understanding of economic theory isn't perceived as being as important as balancing a household budget or learning how to drive a car, the forces that underpin the study of economics impact every moment of our lives. At the most basic level, economics attempts to explain how and why we make the purchasing choices we do.

Four key economic concepts—scarcity, supply and demand, costs and benefits, and incentives—can help explain many decisions that humans make.
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The correct answer to this open question is the following.

In the Islam world, it is correct to say "to describe God as 'omnipotent' is the best way to understand God." This is one of the most powerful Muslim teachings.

For Islam, God is the most powerful force in the Universe. In the Muslim concept of God, he also has all the perfect characteristics of a supreme being. He can be considered the king of kings, judge of judges, the beginning and the end, all things expressed in one, and many more powerful concepts.

For Muslim people, God has the power to exert control and dominion over all its creatures, including humans. That is why under Islam, humans are the subjects, faithful followers of his teachings.

This Islam point of view is so respectable and honored, like all other points of view of other major religions as is the case of Judaism, Christianism, Hinduism, or Catholicism.

These other major religions have similar concepts about the power and the presence of God, however, with different names and representations.

In the end, God as a deity has many similarities between religions.

The big question here would be. If that is the case, then why is it that nations make war for religious reasons?

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3 years ago
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Answer is in the photo. I can't attach it here, but I uploaded it to a file hosting. link below! Good Luck!

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I believe the answer is: Nitric oxide
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