.................by regarding it as a collection of RESOURCES,...................
Resources refers to the substances found in the environments which are useful to the people economically and technologically; it is also socially acceptable for use by the people. Resources can be found in diverse places, such as in the ground, in the water and on the land.
Suppose that at prices of $5, $4, $3, $2, and $1 for product Z, the corresponding quantities supplied are 7, 6, 5,4,3 units, res
Alchen [17]
Answer:
A)Improved technology for producing Z.
Explanation:
- which means automation of production, so when you will have mass production at low cost it will definitely result in a decrease of product cost.
- This shall consequently lead to an increase of the quantities of product Z produced because, the extra capital that comes from saving on the production costs shall be used to produce more goods.
- Since production shall have not cost any extra capital, the price shall remain constant.
<span>c. social transgressions is the answer</span>