Answer: C. . I and III
Explanation:
Scarcity occurs when our want and the needs are more than the available resources that we have. In this case, we will then have to make a choice to be able to choose from the different alternatives that we have.
When we make a choice, the cost of the other alternative that we left is refered to as the opportunity cost. Therefore, the correct options are:
• The "highest-valued alternative given up to get something" is the opportunity cost.
• Scarcity creates opportunity costs
The statement that wealthy economies don't experience opportunity costs is wrong. Every nation experiences opportunity cost.
Answer: Group of answer choices leads to taxing of nominal capital gains that are not real.
Explanation: The effects of inflation results increase in prices of commodities or things that use on a daily basis.The effects causes negative impacts on peoples lives by increasing the cost of living in communities.This in turn causes a major disorientation in peoples lifestyles. inflation causes a big gap in poor and rich people to be extremely high.
Answer:
D.product line extension
Explanation:
A product line extension is a new product that is slightly different to a company’s existing range.
Answer:
Universalism
Explanation:
Universalism: The term universalism is referred to as the theological and the philosophical concept that states a few specific ideas posses universal applicability or application. An important tenet in the concept of universalism is belief which is considered as a fundamental truth. It is considered as important as it reflects the shared characteristics between all humans and therefore it is a normative perspective.
In the question above, Tia was following the universalism ethical system.
