deals with a microeconomic because it is the result of decisions that people and corporations make.
Describe "Microeconomics"
Microeconomics is the study of how people, households, and businesses make decisions and distribute resources. It mainly pertains to markets for products and services and addresses both personal and financial concerns.
The study of microeconomics focuses on the decisions people make, the factors that shape those decisions, and how those decisions have an impact on the supply, demand, and price of items on the market.
The probabilities (tendencies) that come from people making choices in response to shifting incentives, prices, resources, and/or production processes are the main subject of the study of microeconomics.
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Answer:
1) INEFFICIENT As it cost for the society more than the benefit generated.
2) AGAINST Assuming the Senators wants the better for the republic are do not push their own agendas
3) RESOURCES/MONEY/POLITICAL INFLUENCE for as much as 30 millions
Assuming they want to avoid the cost they will try to move the cost to another strata or reject the law. As they want to cut their cost they will not overexpend above the 30,000,000 from the original law.
4) MOST PROBABLY/HIGH CHANCE As the benefit are focused they will root for the legislation and lobby for it
Explanation:
The question is to think how a rational person who wish to do no harm will impact the political system. It is important to assume participant will work within the framework of the society and not push to destroy to avoid the law or push for the law that benefit.
Answer:
a raw material or primary agricultural product that can be bought and sold, such as copper or coffee. Or It Can Be a useful or valuable thing, such as water or time.
Explanation:
Answer:
B. 75
Explanation:
new capacity requirement
= number of customers/(total capacity - capacity cushion)
= 60/(100% - 20%)
= 60/80%
= 75
Therefore, The new capacity requirement is 75.
Answer:
TRUE
Explanation:
A consumer's marginal rate of substitution (MRS) can be defined as the number or amount of goods that he/she is willing to trade for another in other to gain maximum satisfaction of the goods.
