Answer:
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Explanation:
Answer:
Land is considered the primary factor of production. Land is rich in coal, water and petroleum, which are used for generating power. Land is required to construct factories and industries to carry out the production process. A nation's economic wealth is directly related to the richness of its natural resources.
Explanation:
Answer:
(C) The equilibrium quantity will not change
Explanation:
The equilibrium in a given period depends on the balance between the supply of teachers and the demand for labor from the universities of the market. The decision to leave the market to study PHd, in turn, depends on the opportunity cost of each teacher, being a subjective value, which varies for each one, so the opportunity cost may increase for many individuals, as the statement says. , and little for others.
Note: Opportunity is a microeconomic concept used to describe how much an economic agent fails to earn in an economic activity by employing money in another economic activity.
Thus, in the short term, if at least one teacher decides to leave the market to attend PHD, the amount of market equilibrium will decrease. However, in the long run, teachers who have decided to do PHD will have returned to the market and the amount of balance will be the same. This keeping everything constant, as described in the statement.
Frederick III protected Luther as he risked his life in standing up for the church.
Explanation
- Frederick III , born on 17th January 1463 was extremely instrumental in protecting Luther from his role in the cause of the church. Luther, however, was trying hard in his way to express his devotion towards Jesus Christ which didn't go well with other sections of the fifth.
- He had different opinions about the way things and followers at large were going long. This opinion of his created lots of troubles for him.
- It was Frederick III, who extended his protective sheath to ward Luther off from any kind of trouble. He was also known as Fredrick the wise and was the elector of Saxony city from 1486 to 1525.