Answer:
False
Explanation:
Since John could not possibly partake in all of the remaining three activities, the opportunity cost cannot be the benefit received from all of the other activities. Instead, the opportunity cost is the benefit he would have received from the next best alternative alone.
Reducing, reusing and recycling are important because they decrease the amount of waste on the planet and preserve natural resources by maintaining space and cutting down on landfills.<span> Reducing, reusing and recycling reduce consumption of new materials and save energy.</span>
Answer:
A state of Equity is present when there is a fair condition and just inclusion into a society.
Equity exists when those who have been most neglected have equal access to opportunities, power, participation and resources available. They also have good sources to safe, healthy, productive and fulfilled lives.
Answer: D. specialization and division of labor
Explanation:
Economies of scale refers to the cost advantages that are reaped by companies when there is efficient production such that production increases and there's lowering of costs.
Economies of scale can be achieved by marketing channels through specialization and division of labor. This can be done by aiding the producers who doesn't have the finance and lacks motivation, or the expertise to market directly to the consumers.
Answer: c. negative relation between the real interest rate and saving.
Explanation: Savings belong to what an economy saves from its income, which in turn represents national savings. We also have the investment and the net capital flow. The balance is reached when the amount of savings equals investment and net capital flows or demand for loanable flows.
Therefore, we can say that the demand is negative when interest rates rise, since this retracts the economy and decreases the savings and thus the money available to lend.
