In this way, geography<span> kept early </span>China<span> culturally and economically isolated from the rest the world. However, </span>ancient Chinese<span> civilizations were exposed to the sheep and cattle herders inhabiting the grasslands in the northwest, and the fishing cultures along the southeast coasts.</span>
Answer:
The steel industry at Pittsburgh enjoys locational advantages. Some of the raw material such as coal is available locally, while the iron ore comes from the iron mines at Minnesota,
New York metropolitan area
In 1607 and 1608, Hudson made two attempts on behalf of English merchants to find a rumoured Northeast Passage to Cathay via a route above the Arctic Circle. In 1609, he landed in North America on behalf of the Dutch East India Company and explored the region around the modern New York metropolitan area.
Answer:
B. The concept of utility.
Explanation:
Utility in economics refers to the amount of satisfaction that a consumer derives from consuming units of a commodity at a particular point in time.
The concept of utility is based on the assumption that the consumer is rational in the sense that he or she aims at maximising utility with limited income.
Also , marginal utility diminishes as a consumer consumes additional units of a commodity.
The correct choice is B
Answer:
NNP ; GNP
Explanation:
NNP stands for Net National Product and the full form of GNP is Gross National Product.
Net National product is the value of the total products which is obtained by deducting the monitory value of the goods depreciated over a course of time from the gross national income.
Thus, NNP = GNP - depreciation