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ziro4ka [17]
3 years ago
6

explain how the budget situation illustrates the concept of scarcity and tradeoffs and discuss how a state government might use

marginal analysis to balance its budget.
Social Studies
1 answer:
Valentin [98]3 years ago
7 0

The <em>concept of scarcity</em> states that there will be a deficit regarding the supply of a certain good in comparison the demand for it. Therefore, a state budget must revise its current state knowing that there will always be some players who will lose benefits in the attempt of shifting the assignment of resources.

The <em>marginal analysis</em> is an examination of the additional benefits a certain activity gets compared to a number of additional resources assigned to it. It helps the state government have a better view of where to allocate resources. As there are sectors that will probably gain more benefits than others with the same assigning of resources. The key to this analysis is to now the best amount to allocate to each sector in order to get the maximum efficiency of the budget.

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One of China's the most important achievements during the postclassical era was
lesya692 [45]

Answer:

<h3>The invention of gunpowder.</h3>

Explanation:

  • The post classical era often called as post ancient period is the period between 6th century AD to 15th century AD. This period is also known as the medieval period and is known for the various discoveries and inventions made during this age.
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  • The invention of gunpowder changed the whole scenario of warfare. It had a very powerful impact on the ways of battles and warfare all over the world.
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3 years ago
Today in the United States the poverty rate of the elderly is ______.
tester [92]

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Explanation:

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7 0
3 years ago
Explain one consistent concern that the anti-federalist voiced towards the constitution and the creation of a new government? (D
Marina86 [1]

One consistent, major concern of the Anti-Federalists was the fear that the new National government would be too powerful- threatening individual liberties/rights of the people.

3 0
3 years ago
Which colonies had the strongest Loyalist support?
fenix001 [56]

Answer: Loyalists were strongest in the Carolinas and Georgia and weakest in New England. Some remained loyalists because they were members of the Anglican Church, headed by King George III.

6 0
3 years ago
Read 2 more answers
Answer pleaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaase
fenix001 [56]

Answer:

hey

Explanation:

what answer you want write in the title then I will answer it ok so have a good day

7 0
2 years ago
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