Answer:
<em>a. law of increasing relative cost</em>
Explanation:
In economics, the law of increasing costs <em>is a theory which states that once all production factors (land, labour, capital) are at maximum output, it will cost more than average to produce.</em>
As production increases, the opportunity cost will also increase.
In such a nut-shell, markets and countries are trying to strike a balance on how to handle resources whilst using the goods to achieve the best possible productivity and revenue.
Answer:
The greeks developed direct democracy and allowed citizens to choose their leaders and participate in decision making.
Explanation:
Answer:
Here in Asia Society Philippines, positions are held mostly by women. This is somehow an affirmation of the 'women-friendly' societal conditions of the country. Although this is only a small portion of a large and competitive professional community, reflections of the nation's recognition of the role and importance of women are evident on aspects such as justice, education, economics, politics and health. The last is still a debatable topic, with the current issue of the Reproductive Health Bill in the Philippine Congress.
Explanation:
Hope this helps
Answer:
The law showed that the middle colonies were more tolerant of different religions than the Puritans of New England.Explanation: I took the test;)
Answer:
People spend more money
Explanation:
This means that if more people come, people spend more which then increases the economy of that state.