Answer:
During WWII, women and rationing kept the home front stable. With the working men off to war, women were forced to begin working. They took factory jobs to make up for the loss of the employees the factories required. These factories also included those that would aid in the war effort, such as manufacturing ammunition or weaponry. These women kept the work force strong by picking up the slack and supplied soldiers with their necessities. Rationing played its part in the war by keeping the needed domestic goods low, as to not over-stress the production any further. This sacrifice in favor of a more miserly approach to necessities made sure that necessary supply could be met at home and abroad.
The opportunity cost in the scenario above is the three lost possibilities, Harry could have undergone but decided to go to his parents house.
- Hid plans to paint his flat that weekend.
- He considered also going fishing for the weekend.
- Hi friend Theo request to the surprise birthday reception for another friend.
<h3>What is the opportunity cost in the scenario?</h3>
“Possibility cost is the importance of the next-best alternative when a determination is made; it's what is given up,” explains Andrea Caceres-Santamaria, senior economic education specialist at the St. Louis Fed, in a current Page One Economics: Money and Overlooked Opportunities
To learn more about opportunity cost, refer
brainly.com/question/481029
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Answer:
A. positive cross-price elasticity of demand
Explanation:
For substitute goods we always have a positive cross-price elasticity of demand. The cross elasticity of demand for substitute goods is always positive because the demand for one good increases when the price for the substitute good increases.
For example, if the price of a
brand of beverage increases, the quantity demanded for a substitute beverage increases, this happens because consumers will quickly switch to a less expensive yet substitutable alternative. In the cross elasticity of demand formulae both the price and product are positive.
I think that a territory could become a state when it reaches a population of 150,000.