I'm guessing its a combination of two goods that can be produced using limited resources in order for a economy to be efficient they must be able to decide on the products and services they can produce with their limited resources.
Answer
Hi,
In a developing nation, global factors that can influence the economy are political populism, global insecurity and the refugee crisis
Explanation
Making the explanation from 2016, this year was a challenging and difficult one for the global economy. First it was marked by political populism where President Donald Trump, Marine Le Pen and other influential figures took advantage weak economies and low productivity growth to talk on real wages and consumption.
The U.S presidential election being a major political event in 2016, the main issue was on the possibility of restoring the US as a global force for stability after Obama. Security issue raised due to inferior foreign policies and unwillingness to direct military forces in difficult regions.
Refugee was a major factor during 2016 where millions of individuals entered Europe seeking asylum. Many people were displaced in 2015 with countries like Germany, Hungary and Sweden receiving high inflows of refugee.
Good luck!
Answer: Option (B) is correct.
Explanation:
Correct option: limited-life intangible assets.
Patents are considered as a intangible assets. Patents are the intellectual property that a owner can use to exclude others from making, selling and coping technology but for a limited number of years.
In most of the nations patent rights fall under the civil law and if a person wants to take benefit of their patent right then he have to sue someone for infringing the patent to enforce his right.
The answer to this question is Variable cost.
As the level of production increase , the total variable cost is increased and vice versa.
Examples of variable cost are the cost of sugar in condensed milk factory, the cost of leather in bag manufacturing, the cost of coffee beans in starbucks, etc.
Non-organic food is cheaper, and often has brand names, which appeal to the consumer more than an organic brand does.
