Answer:
Exhaustible resources are petrol, coal, natural gas, forest, and minerals. For example, aquamarine. And inexhaustible resources are sunlight, wind, and water. For example, river water.
Perfect competition is the simplest market structure, where the market is assumed to be in equilibrium and that all sellers sell the same product at the same price. The four conditions for perfect competition are:
1. There are many buyers and sellers in the market so that no one individual or seller can influence the price of the products, goods, and services.
2. Identical products are offered by the sellers
3. Both the buyers and the sellers are well-informed about the products and want to maximize profit.
4. Entry and exit to and from the market can be done freely by the sellers and buyers.
There is no market which displays 100% perfect competition. However, markets exhibiting nearly perfect competition do exist. These include street food vending and agricultural markets.
Answer:
Population.
Explanation:
Given the extent of the research, the most accurate answer would be a population. A sample would be a small or quantity intended to show what the whole is like. A statistic would be the piece of data obtained from numerical data. And, last but not least, a parameter, which sets the conditions of the operation, how it is measurable. In this case, to take an average, which is different from a statistic, leaves these options out. But, all in all, what the researcher is curios about is to take an average out of the registered voters in Florida.
Answer: privation
Explanation:
They implemented new taxes and improved tax collection that helped raise revenues. They also restricted the growth of their money supply and made changes in the tax system to encourage investors. Other reforms that were introduced were the privatization of businesses giving people more opportunities to engage in business activities
The sharp inflation following the fall of the Soviet Union was thwarted in Russia through smart reforms which enabled the newly formed russian state to quickly change their economic model to one that is more profitable and isn't subject to such high inflation.
<u>Answer:
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James Madison's quote was that if men were angels, no government would be necessary. He believed so because of the very fact that for the people to work with discipline, there had to be an institution to look over them.
<u>Explanation:
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- Many quotes given by James Madison are used in many distinct references in many instances. These quotes have been taken from the letters that he wrote to his pals and subordinates.
- The quote mentioned above describes the idea of why Madison believed the governments existed.
