Answer:
King Of Mycenae
Explanation:
As punishment for killing his family, Hercules went to the King of Mycenae, and offered to be his slave.
Answer:
A.) overuse of resources
Explanation:
Using renewable resources leads to less atmospheric pollution and global warming, so it’s not those. It has to be overuse of resources because they can be overused, but there is not a lack of availability because renewable resources (water, sunlight, etc.) can be found easily in nature.
Are there multiple choice answers?
Answer:
1) A progressive tax is defined as a tax whose rate increases as the payer's income increases. That is, individuals who earn high incomes have a greater proportion of their incomes taken to pay the tax. A regressive tax, on the other hand, is one whose rate increases as the payer's income decreases.
2) The government has few choices of action to protect its domestic industries. It can implement trade barriers as for example the import quotas and tariffs on imported goods. The two are both lower the consumer's welfare. The tariffs usually would increase the prices of imported goods, therefore consumers would choose the domestic good, meanwhile the import quotas decrease the supply of imports and consumers are obligated to purchase domestic goods of prices higher than the imported goods.
3) Public good is a commodity or service that is provided without profit to all members of a society while private goods is a product that must be purchased to be consumed. There are few reasons for which the government's action is necessary to ensure the provision of public goods such as the very efficiency of this action, the goods and services might be beneficial not only for the purchaser, but other individuals, the value of the good and service becomes greater than what an individual can pay, and also it boosts the economic equity.
4) The government applies equal taxes and regulations to protect the competition. It needs to apply those in order to prevent the creation of monopoly.
5) The censorship has at its core to prevent or to minimalism one's knowledge or access to a product, therefore as a consequence it can increase the prices and have negative consequences on companies and economy in general.
Answer:
<h2>A factor of production will not earn economic rent when its supply is perfectly elastic.Hence,the answer here would be option C. or Perfectly Elastic.</h2>
Explanation:
- In Economics,economic rent is the additional revenue earned by the firm or any company from a certain constant supply of various factors resources or inputs of production.It is computed by taking the difference between the factor income or payment that the factor inputs actually receive and is supposed to receive under the factor market equilibrium conditions.
- One of the important pre-conditions of economic rent extraction is that concerned factors or inputs of production have to be perfectly inelastic or the supply of the factor inputs has to be completely unresponsive or non-reactive to the factor income or factor payments generated by these factors/inputs of production.
- In the case of perfectly elastic supply of the factors/inputs of production,any factor income or payment given to the factor inputs lower than what they are usually supposed to receive then the factor or input supply will be significantly or considerably reduced thereby limiting the ability of the firms or companies to generate any economic rent or additional revenue in the course of regular business operation.
