for example if you wanted to buy a car but had bad credit most of the time you wouldn't be able to apply for a car loan from a bank. To get better your credit you could spend small amounts on a credit card then pay ahead of time or on time when you pay your bill for the credit card. Like buying packs of gum and small things then paying them off will make your credit grow more.
Answer:
E)are not productively efficient because they do not produce at minimum average total cost and they are not allocatively efficient because they produce where price is greater than marginal cost.
Explanation:
Monopolistic competition can be regarded as imperfect competition whereby many producers that are competing against each other exist in the market, though they are selling products which can be differentiated from one another. Monopolistically competitive firms do
maximize their profit if their production is at a level where marginal costs as well as its marginal revenues equals. Hence, monopolistically competitive firms are not productively efficient because they do not produce at minimum average total cost and they are not allocatively efficient because they produce where price is greater than marginal cost.
Answer:
5 Features of economic resources
Features of economic resources include:
Scarcity. They are found in small quantities compared to the many uses into which they have to be put and hence not sufficient to satisfy all human wants.
Monetary Value. ...
Uneven distribution. ...
Combinability. ...
Usefulness. ...
Transferability.
Explanation:
Private: Easily excluded and subtractive. Common pool: Difficult to excluded and subtractive. Toll: Easily excluded and jointly consumption. Public: Difficult to exclude and jointly consumed.
Brennan would be in the toddler stage of his life