Judaism emphasized a belief in one God. Separate power among different government branches
Implicit costs are imputed costs of self-owned and self-employed resources.
Example:
- (i) Interest on entrepreneur's own capital.
- (ii) Rent on entrepreneur's own land used in business.
Answer:
Governments can intervene to provide a basic security net – unemployment benefit, minimum income for those who are sick and disabled. This increases net economic welfare and enables individuals to escape the worst poverty. This government intervention can also prevent social unrest from extremes of inequality.
This answer is true yes it is and example of an emblem
Answer:
strict liability or product liability for a manufacturing defect
Explanation:
The rules of strict liability state that someone will be strictly liable – liable without a victim having to prove negligence or fault – for an accident in certain circumstances while Strict product liability laws state that a manufacturer or distributor of a defective product will owe an injured person compensation even if the defendant took reasonable steps to prevent the defect.
