You notice that when a new yoga class is offered at the student recreation center at a highly desirable time, some students from the other yoga classes go to the new class instead. This statement best represents this economic concept people usually exploit opportunities to make themselves better off.
Recreation includes all of the pursuits people make for the purpose of renewing their bodies and brains and adding interest and enjoyment to their free time. Exercises like walking, swimming, meditating, reading, playing games, and dancing are examples of leisure activities.
At its most fundamental level, economics aims to explain how and why we choose the products we do. Scarcity, supply and demand, costs and benefits, and incentives are four fundamental economic ideas that can be used to explain a variety of human decisions.
Learn more about economic concepts here
brainly.com/question/27569024
#SPJ4
They are a safety requirement in which if a person gets into a incident for example, in a car crash the person will be safer than just being without protection in the vehicle they are being transported or driving in
Answer:
This is a very unlikely situation, since the plant must be really large and the river probably didn't carry a lot of water in the first place. But even if this was possible, it would be illegal for a company to use 100% of the natural resources available. No law or regulation (municipal, state or federal) would allow such thing to happen and assuming it got to court, the court would rule against the company.
Since you need an environmental impact report before you start building a factory, then it would be unlikely that the factory or plant was legally authorized to operate in the first place. The only option is that they built a dam and that is highly regulated.
Yes ma’am what can I do for you
Answer:
False
Explanation:
A proposed trade of 12.5 pounds of butter for 20 guns may NOT be mutually agreeable to both countries.
The main idea of comparative advantage is NOT trade by barter but buying and selling. Comparative advantage is a principle that states that a country should produce more of the goods and services which it can produce at a lower opportunity cost than that of trade partners and thereafter sell to those partners at a lower cost than they would have produced it themselves in the bid to be self reliant.
It is difficult to agree to such a deal of 12.5 pounds of butter for 20 guns because it is impossible to conclude that they are even or equal in value. The both countries should sell to each other as money is a common means of exchange.
