Answer:
New and improved products, services, or technology from <u>entrepreneurs enable new markets to be developed and new wealth to be created. </u>Additionally, increased employment and higher earnings contribute to better national income in the form of higher tax revenue and higher government spending.
Answer:
True
Explanation:
As per the contract, the builder is supposed to receive the payment once the entire building is fully completed. When a tornado struck the area and demolished the building, the contractor finds himself at square one with nothing to show for.
The law is enforced in literal terms and unless a fully constructed building stands there, the contract will not be fulfilled and he will not be paid.
Therefore the statement above is true in its form.
Answer:
a reduction in the price of the good
Explanation:
A supply curve will shift to the right if the sellers increase the amount of goods sold in the market.
When the price of that particular good is decreased, the amount of profit that the sellers can get from selling the goods will also decreased. So in response, the Sellers will reduce the amount of goods sold in the market (at least until the selling price bounced back again). This will cause the supply curve shifts to the left.
Name 1 item that can be found on a map/globe.
Answer:
Latitude and Longitude
Also you Might Find a Compass rose On the Map! :)
Hope this helps!!
I believe the answer is: "People could not charge as many different prices for good
Denominations refers to the face value of our currency. (for example $1 , $ 10 , $ 100). As a country enter industrialisation era, even the smallest denomination matters in determining the profit of companies who mass produce a certain type of goods. Which is why possibility of many denominations is important for trades.
