Answer:
B. The concept of utility.
Explanation:
Utility in economics refers to the amount of satisfaction that a consumer derives from consuming units of a commodity at a particular point in time.
The concept of utility is based on the assumption that the consumer is rational in the sense that he or she aims at maximising utility with limited income.
Also , marginal utility diminishes as a consumer consumes additional units of a commodity.
The correct choice is B
Why is it a bad idea to simply hide money in a safe place as a way to save?
A. Money disintegrates over time.
B. The money will gain value over time through deflation.
C. You're likely to forget where the money is hidden.
D. The money will lose value over time through inflation.
When a bank evaluates a person for a loan, what does the word "capacity" refer to?
A. The ability to make payments on time
B. Property that can be pledged to protect the lender
C. The willingness to repay debts
D. The amount of the loan in question<span>
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Some of the ways are:
- Milk
Meat
Skin
As a domestic animal
a source of revenue (milk, meat and selling baby goat)
Protection (skin)
The industrial revolution caused a lot of pollution and is a big part of why we have global warming, it also meant that America began to have even more slaves
