Implicit costs are imputed costs of self-owned and self-employed resources.
Example:
- (i) Interest on entrepreneur's own capital.
- (ii) Rent on entrepreneur's own land used in business.
Answer:
The mode is 360 which said they don't want their children to play football
Explanation:
The mode of a set of data is the value that appears most often so in this particular array of opinion, the opinion that appeared most often is 360 i.e those that don't want their children to play football.
Saudi Arabia is named after the ruling family: the Saud family.
This family goes back to 18th century, and one of its members gained control of the Arabian Peninsula and founded a kingdom:
His name was Abdulaziz Ibn Saud. In the Arab world, he's known mostly as Abdulaziz and in the western World as "Ibn Saud".
They may have wanted to rob it
Answer: The reasons for African colonisation were mainly economic, political and religious. ... These countries became involved in a race to acquire more territory on the African continent, but this race was open to all European countries. Britain had had some success in halting the slave trade around the shores of Africa.
