A person who holds duties rights and responsibilities within a state is called a citizen. Citizens should be legally-recognized member of the state to freely experience the services of the government. They are obligated to follow and serve every rights, obligations, and laws of their government.
The band ? Do you have answer choices c
The main way in which capitalism and a free-market system are similar is that "<span>They both involve private ownership and open exchange" since government oversight is usually minimal.</span>
The correct answer is the first option: one consequence of stagflation is that the economy drastically slows down as money loses its buying power.
Stagflation is known as an economic problem that occurs when there are rising inflation and unemployment which causes money to lose its original value. Thus, spending declines and loses its buying power too.
Answer:
Explanation:
Company increases the input by 20%
increase in output in percentage terms
= [(1500 - 1000) / 1000 ] x 100
= 50 %
So percentage increase in output is more than percentage increase in input
hence there is increasing return to scale at this product.
In case of increasing return to scale , cost of production per unit decreases .
There is increasing efficiency in production .
