Answer: It can be described as a developing country so A took quiz on edgenuity mark as brainliest.
Answer:
Efficiency.
Explanation:
Efficiency means that the economy’s resources are Being Used as effectively as possible to satisfy people’s needs and desires.
For production, economic efficiency means the fixed amount of commodity produce in minimum price. So in this condition we can say that the market is efficient. In the market mechanism the producer wants maximum profit. That’s why they produce in minimum cost.
The another side of efficiency is that the amount of production of product should be in a point where the marginal cost and marginal utility are same.
Answer:
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Explanation:
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Answer: Option B
Explanation: In simple words, convenience goods refers to the commodities that are widely available in the market and can be purchased frequently with minimal efforts. Newspapers and candy bars are some of the many examples of convenience goods.
These goods are consumed or loose their values after one or few uses.
The extra money you pay back is called interest.
I hope this helps!