Economics is the study of scarcity. Scarcity exists because the society has unlimited needs and wants but the resources to satisfy these are unfortunately, not unlimited. That is why there is a certain cost to scarce things. The scarcer the thing is, the more its costs. Aside from scarcity, factors like production cost and capital affect the cost of a thing, commonly referred to as a good.
Answer:
It explicitly describes part of a ship.
Explanation:
The part of the ship being described is the deck.
Answer:
the television show was an interesting there on last night
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Answer:
The relationship between the contexts throughout the question is described below as well.
Explanation:
- Justice should be about attempting to make expenditures for fair treatment, sometimes in the context of prior inequalities.
- Equality commonly doesn't take history into account.
- Justice has been about trying to make things widely available to all by trying to give them equal rights and opportunities.
Almost always items like economic power are collected except under uneven situations.