Answer:
C. His opportunity cost of one watermelon is 2/3 of a cantaloupe.
c. Fewer households can afford luxury imports
Step-by-step explanation: Opportunity Cost is an economic term used to describe the benefits or profits which a person or an investor gives up in order to make choice between alternatives.
Recession is a term used in economics to refer a state of decline in the general productive economic activities of a country or an economy, it is also the state of an economy where the Gross domestic product (GDP) growth is in the negative.
Answer:
The answer to the problem is -15.52
Answer:
100/25, 60/15, and 4/1
Step-by-step explanation:
Answer:
i dont see a picture
Step-by-step explanation:
Answer:
8
Step-by-step explanation:
12 ÷ 3 = 4
4 × 2 = 8
:) hope this helps
