The output is the finished good or service, and inputs are raw materials, labor, utilities, liscensing fees, or other goods. These inputs are also known as factors of production. If the price of inputs goes up, the cost of producing the good increases
Answer:The flag bears three stripes consisting of red-white-red, featuring a blue canton containing a ring of 13 white stars encompassing the state's coat of arms in gold. In the coat of arms, the arch symbolizes the state's constitution while the pillars represent the three branches of government.
Explanation:
Answer:
To put a little bit of context:
'Shock Therapy' in this question refers to the rapid transition between communism into Market-Based economy that Poland did as soon as they got free from Soviet Union.
At that time, the mismanagement that Communist regime did caused an economic Slump in Poland. They made the government obtain control on all aspect of economy, leaving little freedom for the citizens to actually pursue their own interest. But, since the communism ideology was implemented for a long time, people's perception of what a working economy should be were heavily clouded.
The fast transition to a more liberalized economy was aimed to revitalized Poland's economy as soon as possible. They want to produce different types of Goods and Services to fulfill the citizens' need along with exporting some of those products to compete in international market.
Answer:
to deliver electric shocks to a learner for giving incorrect answers
Explanation:
The Milgram obedience studies also known as the Milgram Shock Experiment was conducted at the Yale University which focused on the investigation of obedience to authority and personal conscience and that to what extent the participants are ready to go to be considered obedient. Stanley Milgram divided participants into teachers and learners and order the participants to deliver electric shocks to a learner for giving incorrect answers. This was a highly controversial research however, it highlighted the personal want for acceptance and reward in human beings.
