The four major factors contained in the definition of e-business are Human resources, material resources, information resources, and financial resources.
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<span>The answer to this
question is “availability of substitutes“. The reduction
in the number of people riding trains is due to the fact that a new substitute,
automobile, is available in the market.</span>
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Hope that helps!</span>
Answer:
a. economies of scale.
Explanation:
Economics of scale refers to a scale in which there is a benefit of the cost that occurs when there is an efficient production
It can be accomplished by rising the production at less cost this arise as cost are allocated among the larger number of goods
Here, the local electricity who generated the company has a monopoly and are safe from the entry barrier
So this is a case of economies of scale
Hence, the correct option is a. economies of scale
Because people who are earning a low income still have to pay the same amount as people who are recieving a high income
Answer:
equity, freedom, security, efficiency, growth
Explanation:
The economic goals include:
1. Equity: occurs in an economy when income and wealth are fairly distributed within a society.
2. Efficiency (efficiency freedom): is achieved when society is able to get the greatest amount of satisfaction from available resources in an economy
3. Economic growth: when there is an increase in the economy's ability to produce goods and services, often indicated by measuring the growth rate of production.
The other economic goals are:
Economic Stability, balance of payment, Price Stability or Controlling Inflation and Full Employment.
