Answer:
Money
Explanation:
they need money because to live in a house get a car,food etec
Answer:
The correct answer is b. will go primarily to consumers.
Explanation:
Inelastic demand is that demand that is not very sensitive to a change in price. In this way, before a variation in the price the quantity demanded reacts in a less than proportional way. For example, if the price increases by 10% and in response the quantity demanded is reduced by less than 10%, then the demand is said to be inelastic.
While the elasticity of the offer presents the degree of response of the quantities offered to variations in the price of the good considered, the price of other goods, the costs of productive factors or business expectations.
Answer:
a) resources are limited and efficiency implies that all resources are already in use
Explanation:
If production is efficient, it means that the economy is producing on the production possibility frontier and all resources are in use.
To produce one unit of a good, the economy has to forgo producing one unit of the other good.
I hope my answer helps you.
The definition that is not correct is that Leverage: using other people's money.
<h3>What is leverage?</h3>
When it comes to property, using leverage means borrowing money from a bank or financial institution.
Leverage is therefore not a simple matter of using other people's money, but rather using complex loan instruments from institutions.
Find out more on property mortgage at brainly.com/question/22598793.
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