Answer:
In 1890, Alfred Marshall's Principles of Economics developed a supply-and-demand curve that is still used to demonstrate the point at which the market is in equilibrium. ... The prices of some goods can increase without reducing demand, which means their prices are inelastic.
Answer:
When average fixed cost is large.
Explanation:
Answer:D. Moral codes and social sanctions
Explanation:
Moral codes refers to acceptable or right ethics that guides people's conducts . Social sanctions refers to actions not necessarily back or enforceable legally that force the people to behave in the right manner.
In the above scenario Brian was not willing to litter the floor due to anticipated public negative reaction s to her littering the floor with cigarettes butt.
It's not a contract for no two parties are involved, nor involved busines merger and neither is it a charity action.
A career is a job that you go to for most of your life. Most careers require you to go to school for them. A career is a specialized activity that you are trained to do. Not something that you learn in a couple of minutes. For example working at McDonald’s is not a career but a doctor is. (I gave you some so you can fill in based on what I said :) )
Answer:
Too little money
Explanation:
In the given case, David wanted to have all required resources and he also had complete knowledge of it. However he could not get them properly due to his budget constraints which lead to shut down of his business.
This case clearly depicts the problem of too little money as the risk of failure was not mentioned as such. Also the business David was willing to open was not relate to any chemical or defense industry so there was not much regulatory burden.
