Answer:
A firm in monopolistic competition does not take full advantage of its economies of scale because it's the only oferent of a good. A firm in perfect competition produces at the lowest average cost possible.
Explanation:
Answer: Conformists
Explanation:Conformists is a person who follows prevailing standard of conduct. Conformists is thinking and acting as everyone else instead of been different.
John Muir was a famous Scottish-American naturalist, author, and conservationist who called for the preservation of wilderness. Therefore, the quote that would fit his views best is C) "As long as I live I'll hear waterfalls and birds and winds sing... and get as near the heart of the world as I can."
Answer:
a. not possible to find a transaction that will make at least one person better off without harming others.
Explanation:
A Pareto improvement refers to a situation in which a change in allocation of resources helps at least one person without damaging anyone. On the other hand, a Pareto efficient situation is one in which no more Pareto improvements can be made (or where it is not possible to find a transaction that will make at least one person better off without harming others).
I think the correct answer from the choices listed is the second option. Overpopulation tend to impact standard of living the most. It <span>is an undesirable condition where the number of existing human population exceeds the carrying capacity of Earth. If this happens, the resources would be scarce and that would affect standard of living. Hope this answers the question.</span>
