A democracy means rule by the people. The name is used for different forms of government, where the people can take part in the decisions that affect the way their community is run.
Answer:
Productive or technical inefficiency.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
Basically, there are four (4) main factors of production and these are;
I. Land.
II. Labor (working).
III. Capital resources.
IV. Entrepreneurship.
Furthermore, when these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs.
2. Productive (technical) inefficiency: it occurs when businesses produce goods and services that the consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Hence, a term for when businesses produce goods and services that consumer do not want is productive (technical) inefficiency.
Answer:
Explanation:
raising the price of one substance may drive users to other harmful substances. Many drugs appear to be close substitutes. For example, states that have criminal penalties for marijuana use tend to have higher teenage consumption of alcohol and tobacco. copy n pasted.
Answer:
They are to busy trying to trash each other instead of focusing on the problems at hand.
Explanation:
False because they can reject what ever they want