Answer:
The correct answer is C. It is the least competitive of all forms of renewable energy, in terms of cost.
Explanation:
Renewable energies base generation from an inexhaustible natural resource, such as the sun, wind, waves, etc. Within this group of energies, all are considered to be profitable and therefore competitive, since human action has minimal influence on the generation process. In the case of wind energy, the production is born in the movement of the propellers from previous wind studies, which makes it perfectly competitive since a single propeller can produce a considerable amount of energy, compared to solar energy for example that it is usually more limited and depends 100% on sunny days and that the devices such as batteries or panels always work in the correct way.
Answer:
Opportunity cost
Explanation:
opportunity cost in microeconomics can be regarded as alternative cost it can be explained as loss in term of potential gain that one incurred from the alternatives when one chose one specific alternative over other alternatives
Answer:
An increase in mortgage interest rates.- D.
Answer:
C. There are more substitutes for Cheerios than for cereals as a whole
Explanation:
Since in the question it is given that the demand for Cheerios cereal is more price-elastic than the demand for cereals as a whole as because there are more substitutes for Cheerios as compare to cereals because in the case of substitute goods, there is a positive relationship between the price of good B and the demand of good A. It means if the price of good B decline. then the demand of good A is decreases and vice versa
Her premiums would rise, Rebecca decided to lower her deductibles the amount of expense that usually covered b the deductibles would be allocated to the premium