Answer:
umm go to new mexico do a hand stand and then come back and go to jail
Explanation:
Answer:
Imagine that a scientist has created a new source of power that creates electricity for cars, trucks, factories, and homes is discussed below in details.
Explanation:
In terms of innovation, it is a new beginning of power, so it has creativity or a new idea. In the names of fluency, it is just an individual cause of power, so it does not have many facilities or many distinct ideas. In terms of versatility, it is a reservoir for various things such as automobiles, trucks, warehouses, and homes, so it has adaptability or adjusting ideas to many different circumstances. Finally, in terms of suitability, there is potential now, but we can always change it, so there is some suitability or an approach that solves the problem that was recognized.
It deals with opportunity costs. Opportunity costs are not real costs, but rather the things that you had to give up in order to obtain something else. What you didn't obtain is considered to be an opportunity cost. A production possibility curve deals with this.
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You can choose a price that <u>maximizes your profits</u>.
<u>Explanation</u>:
If you are the only clothes producer in the industry, it is known as monopoly. Monopoly means a single seller selling a unique product without competition.
The monopoly seller has the right to choose the price for his goods. He can fix the price in the way to maximize his profit. As he is the sole seller, he will not have any competitions in the industry. This in turn helps him to make lot of profit on producing clothes with full freedom in fixing the price of the clothes.