Answer: Economics studies the behaviour of human beings when there is scarcity and choices have to be made.
Explanation:
Economics is a social science i.e study of human behavior in relation to the manufacturing, distribution and consumption of products. Economics focal point is the interaction and behaviour of economic agents (households, firms and governments) and how economies work.
Economics is divided into microeconomics and macroeconomics. Microeconomics deals with the small elements in the economy such as interaction of markets and prices of certain products. Macroeconomics deals with the whole economy and issues discussed include unemployment, economic growth, inflation etc.
Answer:
An environmental impact statement, under United States environmental law, is a document required by the 1969 National Environmental Policy Act to protect the environment.
Therefore, the main purpose of an environmental impact statement is to make sure that the policies in the Act is implemented.
It also lists out the various endangered species in the area on either private or government territories and how best to preserve them from extinction.
Answer: adjective
Explanation:
In the sentence Beth and the sales representative reviewed the product descriptions on the website, we can then infer that the word sales is an adjective.
This is because sales as used in the sentence qualifies the noun representative. Questions such as how many are answered by an adjective.
Answer:
vesting period
Explanation:
According to my research on employee stock options, I can say that based on the information provided within the question this four year waiting period is known as the vesting period. This term is defined as the amount of time it takes before shares in an employee's stock option plan unconditionally owned by the employee who holds them.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The correct answer is: continue operating, exit the market.
Explanation:
The total revenue of a firm is $1,250.
The variable cost is $1,000.
The total fixed cost is $500.
At this level of output, the firm is maximizing profit.
The total cost here is
= TFC + TVC
= $500 + $1,000
= $1,500
The total cost incurred is greater than the total revenue earned. This means that the firm is having losses. The firm will not shut down in the short run as it will operate until the variable cost is being covered.
But in the long run, the firm will exit the market as it will need to cover all the costs to continue operating.
