Suppose that at prices of $5, $4, $3, $2, and $1 for product Z, the corresponding quantities supplied are 7, 6, 5,4,3 units, res
Alchen [17]
Answer:
A)Improved technology for producing Z.
Explanation:
- which means automation of production, so when you will have mass production at low cost it will definitely result in a decrease of product cost.
- This shall consequently lead to an increase of the quantities of product Z produced because, the extra capital that comes from saving on the production costs shall be used to produce more goods.
- Since production shall have not cost any extra capital, the price shall remain constant.
The answer is Medicare and Medicaid.
Because of the medicare and medicaid, most people believe that there's no longer a need for traditional charity for sick people for need help, because they think all already taken care of by the government. This later on become the motivation for hospitals and drugs companies to increase the price of their products/service
Well, I don’t know one single word, but the worst phrase you could say to someone is probably to kill themselves or that they shouldn’t even be alive. This is more than insulting them, it’s telling them that no one cares about them and that they aren’t helping anyone by living on earth
Hayek believed the economy too complicated to think in terms of aggregates. This is the foundation of monetarism theory. He believed that people are unpredictable in their choices. Consequently, expansionary policy was potent because it could potentially lead to inflation and affect individual choices.
Answer:
The six most important characteristics of a civilization are cities, government, religion, social structure, writing, and arts and architecture.
To establishing a civilization - Cities grew on rivers and bodies of water where people could farm or fish for food. Rivers provided transportation and trade. Rivers provided rich soil and water for fields.
