Answer:
C. Can be produced only if there is less production of other products.
Explanation:
When a nation's human and material resources are fully employed, then there has to be less production of other products because resources would have to be shifted away from such production and concentrated im producing more of any one item or product.
The above shows a scenario where economizing problem is in force i.e scarcity, which requires proper allocation of resources. It is a major problem faced by many societies and must be solved when there is less production of other products inorder to produce more of any one product.
The switching between the two goods allows the line to linear rather than bowed out.
Answer:
Job #3 ( c )
Explanation:
The job that bets fits Noah based on the factors that are important to him which are, working with children in a classroom,providing educational opportunities, working close to home and finding a full-time job. the best job fit for him would be job #3.
Job #3 gives Noah the opportunity to work with children in a classroom as a tutor, and this provides educational opportunities as well it is also a full time job and probably close to home
Answer:
Expectation theory predicts the short-term interest rates by taking average of current-interest rates over a period of time. The interest rates for the following securities using the expectation theory would be:
Interest rate on 3 year bond = 
= 4.5%
Interest rate on 6 year bond = 
= 6.75%
Interest rate on 9 year bond =
= 9.33%
Answer:
1. The chance to play the latest video game with your roommate while you were at the concert
Explanation:
Opportunity cost is the next best option forgone when one alternative is chosen over other alternatives.
The opportunity cost of attending the concert is the activity that could have been done if one didnt attend the concert which is playing video games.
I hope my answer helps you.
