Answer:
The scarcity is the key problem that the economics are trying to find an answer to and try to mitigate by making the resources more productive.
The scarcity arises because of 2 main factors,
- The human wants are Unlimited
- The resources available to satisfy these wants are Limited
In theory, if we need to "eliminate" scarcity complete we should either Limit our Needs or find an Unlimited source of resources we require.
However, these are not practical solutions.
So because of this, economics try to utilize technology and other factors to harness the full potential of resources and to use them optimally.
Explanation:
Answer:
C)refusing to work until certain demands are met.
Explanation:
The idea behind a strike is to remind the employer or owner of the company that workers are a key part of the production. Strikes are an effective form of protest because they can paralyze a factory or a firm.
Strikes are usually more effective when the workers cannot be easily replaced by the employer.
I guess the closest answer is $31,060.
If you purchased a parcel of land for $10,000. If you expect a 12% annual rate of return on your investment. Therefore you can sell the land for in 10 years in $31,060.
Answer:
They reveal how the author(s) interpreted the findings of their research and presented recommendations or courses of action based on those findings.
Explanation:
Global Trade
This is the exchange of goods and services across international borders - international/global trade typically represents a large portion of a country's GDP.
