Answer:
to earn money to feed their families, to pay their bills, to go places,
Explanation:
Answer:
An increase in the family's car payment means the family will be unable to afford a vacation
Explanation:
Trade offs can be seen in terms of opportunity cost.
Opportunity cost or implicit is the cost of the next best option forgone when one alternative is chosen over other alternatives.
By choosing to buy a new car, the family would be forgoing the opportunity to take a vacation
Answer:
The correct answer is letter "A": The Ministry of Environment limits the number of trees that each lumbering firm can fell.
Explanation:
The case given relates to how the government set limits to the unregulated exploitation of natural resources to control its renewability. In that way, both the fishermen and the lumbering firms' activities were reduced to a rational number so that the resources they work with cannot be extinguished.
Answer:
I believe its B.
Explanation:
C and D don't make any sense since it is impractical to suffer during the hot months, and A is wrong (I believe) since the budget needs to be shifted to bring attention to the AC. So by elimination its B.
<h2>
10 workers would cause the marginal to exceed the marginal benefits.</h2>
Explanation:
- Let us understand the term "Marginal benefits".
- It is the additional amount that the consumer "willing to pay" for an additional goods or a service.
- In terms of producers, the marginal benefit is termed as marginal revenue.
- Here according to the situation given in the question as to how many workers to hire could be answered by the number 10.
- Marginal revenue always falls below marginal cost.
- It is the revenue that the organization receives for selling one additional unit.
