Answer:
b. Investors buy products in other countries.
Explanation:
Inflation causes higher cost of production for manufacturer which then charge high cost for the products. Thus, if there is inflation in US, product cost will skyrocket thus companies will buy products from other countries where the product might be at a cheaper cost.
Answer:
land
labour
capital
entrepreneur
Explanation:
land
examples include waterbodies and land forms like plateau and ridges
capital
include monetary wealth i.e money and machinery
entrepreneur
includes sole proprietorship and partnership
labour
include skilled and unskilled labour
Answer:
tickets were sold to student and 
tickets were sold to adults
Explanation:
Let the number of tickets purchased by students be "X" and the number of tickets purchased by adults be "Y"
Given
Total number of tickets sold 
Total amount collected by selling 
tickets 
dollar
Cost of one ticket of student 
dollar
Cost of one ticket of adult 
9 dollar
Two equation are as follows
------Eq (1)
-------- Eq (2)
Multiplying eq (1) by 9 and subtracting from equation 2 we get
Substituting the value of X in equation 1 we get
Therefore, tickets were sold to student and tickets were sold to adults
Answer:
Option (E) is correct.
Explanation:
Allocative efficiency is created when the gap between marginal benefit and marginal cost is maximum. The marginal benefit is the benefit that a consumer can get by consuming an additional unit of a commodity and the marginal cost is the cost that a producer incurred by producing an additional unit.
Hence, the allocative efficiency is achieved where the difference between these two terms is maximized.
