Answer & Explanation:
Fish is a common resource not a public good because it is subject to rivalry in consumption.Tragedy of commons results when property right aren't assigned for the common resource.
Answer:
b
Explanation:
when firms enter into an industry, there are more firms competing for customers. This would shift the demand curve to the right as supply increases. An increase in supply would lead to a reduction in price.
If firms leave the industry, there would be a reduction in supply and price would increase
Answer:
$340,000
Explanation:
Revenue target for September is $30,000 larger than its revenue target for June, since there are 3 months between June and September, its revenue target grew by $10,000 each month (= $30,000 / 3).
If the company's revenue target is $310,000 for December, and it continues to grow at the same rate, t will be $320,000 for January, $330,000 for February and finally $340,000 for March.
Answer:
right answer is option no b
Explanation:
₹32,500
Answer:
The answer is letter C
Explanation:
The quantity of goods or services that can be produced by one hour of work