Answer: When individuals and businesses are permitted to trade freely over a larger market area, they are able to produce a higher quantity of output and bring in different products.
Explanation: When businesses and individuals trade with one another, they are able to receive more items that they may not have been able to produce themselves. Trading freely allows for more people to have the opportunity to use other products that they can't make in their own country/state.
Answer:
price
Explanation:
It will be easy to provide an example to better illustrate this. Lets suppose that a patient has been diagnosed with cancer and is trying to figure which between chemotherapy or taking drugs is the best treatment. The question this cancer patient is going to ask herself is which among the two will prolong her life. Thus, survival time is the response variable. In our case, the price is the response variable because it is the determining factor of where these college students will live. Amenities somehow affect the price and thus, it will act as the response variable. Price is what we are able to measure and the location which is the students' primary interest lies in our response variable
The point at which an economy is most efficiently producing its goods and services and, therefore, allocating its resources in the best way possible is known as production possibility frontier
The FAFSA4caster can help students determine <span>which colleges they should apply to based on their aid eligibility. Since students and parents are able to see the costs associated with going to college using the FASFA4caster will allow them to see the financial aid money they are eligible to receive. After that, they can determine which colleges they can afford to go to based on the money they will have to use towards college. </span>
Answer:
negative consumer incentive - price increases
positive producer incentive - makeing more money
positive consumer incentive - sale prices
negative producer incentive - high manufacturing costs