Answer:
Option D
Explanation:
The demand of a goods is said to be inelastic when there are no close substitute for it I.e when there is no competition for the goods, this rules out option C.
For the demand of a good to be considered inelastic that means people buy it regardless of the change in price , such good is since as a luxury and can't be replaced pending the time a competitor comes into play.
So there fore option D best explains when the demand of a good is inelastic.
The win at all costs attitude helped Rockefeller to become the richest man of his time. He considered himself as the fittest and was able to acquire stock in various companies. The problem with this attitude is that it may lead to negative externalities in society such as loss of good jobs
Answer:
I believe it's "A. The people of ancient Greece became reliant on the sea for fish and trade routes to get what they needed."
The type of economic system a producer is operating in determines the way these outputs are distributed, what goods and services are produced as outputs, and how scarce resources are allocated among producers to create these outputs. The most common types of economic systems are market, traditional, command.
mixed<span>study.com/.../production-in-traditional-market-command-mixed-economic-systems.html
</span>here is the website so yall know im not doin any copywright!!
hope it helps
They already had Britain as an example as what to do and had Britain's inventions so they didn't need to invent anything, just use the inventions Britain thought of
