Levers pivoting around a fulcrum
In a free market economy, the price and distribution of goods and services is governed by the law of supply and demand. Producers or firms produce those services and goods that consumers are willing and able to pay for in the market.
Answer:
Let's say that that Daniel has work on the same day his friends want to see a movie.If Daniel misses out on the movie the oppertunity cost will be missing out on the movie to go work.If Daniel skips work, the opportunity cost will be the wages lost from work.
Explanation:
Labron but Jordan is good
Authoritarian rule is best characterized as rule by one person or a small group of people. Authoritarian is a form of government that has a strong central power and has limited political freedoms. It has four qualities based form Juan Linz's influential 1964 description of authoritarianism.