Answer:
An example of a product going through scarcity is when heavy rainfall and flooding destroy crops because of which their supply is decreased, and because of this shortage their prices sky rocket or increase very fast.
Explanation:
Answer:
The correct answers are letters: "A", "B", "C", and "D".
Explanation:
As a monopoly, Nature's Crunch will be benefited in profit terms if any chemical involved non-organic vegetables growing process is affected somehow. Then, <em>a tomato blight affecting chemically treated plants, an increase in the cost of chemical pesticides, and a new report about the environmental dangers of chemically treated plants</em> would automatically generate more sales for Nature's Crunch. Besides, it does not matter under what scenario, <em>income tax cuts</em> <em>for all consumers</em> will generate more revenue both for organic and non-organic industries.
Services are actions that you purchase for someone to do for someone else. Basic examples of services are tutoring, hair cuts, car repairs, medical appointments, cleaning service, tech support.
Goods are tangible items that can be physically owned while most services are intangible.
Answer: Open-ended
Explanation:
Here, in this particular we can state that the given question is an example of an <em>open-ended question</em>. Under this scenario, the question being asked is subjective i.e. what an individual likes least about the textbook shopping. The open-ended questions are referred to as questions that cannot be replied with either a yes or a no.
Answer:
Estimated average income is $5,400
Explanation:
Proposed investment = $60,000
Depreciation = Straight-line method
Useful life = 4 years
Expected total income yield = $21,600
To find average investment, we divide the income by the useful life of the investment.
Therefore, estimated average income = $21,600 ÷ 4 = $5,400
