Answer: (A) Efficiency
Explanation:
According to the given question, Nate is start learning swimming and he needs improvement based on his efficiency as it is the ability for producing the desirable result by avoiding all the negative circumstances.
As, Nate always splash water on lifeguard during the swimming so that is why he improves his performance more efficiently.
The efficiency is the process that reduce or avoid all the unnecessary resources like physical material and helps in achieving the high result. Therefore, Option (A) is correct.
Answer:
Perfect competition is a market structure where many firms offer the same product. An example of perfect competition is the Agricultural market. There are several farmers selling the same products to the market, and many buyers. At the market, it is simple to compare prices of products. Ergo, agricultural markets often get close to perfect competition.
Explanation:
Answer: No options listed.
Explanation: Economic growth happens when there is an increase in the inflation-adjusted market value of various goods and services in a period of time. There is an increase in the number of items produced or services offered which increases the money in an economy. Some factors that lead to economic growth are land, capital or technological growth and advancement.
