Answer:
<em>a. law of increasing relative cost</em>
Explanation:
In economics, the law of increasing costs <em>is a theory which states that once all production factors (land, labour, capital) are at maximum output, it will cost more than average to produce.</em>
As production increases, the opportunity cost will also increase.
In such a nut-shell, markets and countries are trying to strike a balance on how to handle resources whilst using the goods to achieve the best possible productivity and revenue.
To solve problems and improve condition in the state
Supply-side fiscal policy is used with the idea that rich people stimulate job growth by hiring more people. This has proved to be somewhat inaccurate, however.
Answer:
Powers does the Louisiana constitution give to local government check all that apply is explained below in details.
Explanation:
The government by law may authorize and establish new territories, terminate and ... No district or specific law shall constitute a municipal corporation or change, transform, ... If its charter grants, each of them also shall have the liberty to powers and ... would have financial influence upon the region and thereby the state.