Answer is C : in industries with strong economies of scale, efficiency tends to increase as the number of firms increases because firms face more competitors. as firms compete, they will increase output, lowering costs per unit.
<span>Overall trends in the market </span>
Answer:
The correct option is B
Explanation:
Rational economic decision is the process where the costs as well as the benefits of the various options are being compared in order to determine or evaluate the which option is rational. Rational decisions have total benefit greater than or equal to their cost. So, the rational economic decision concerned with the efficiency not with the fairness or equity.
The correct answer is HIGH SCHOOL TEACHER.
A license or a certification is one of the major method that the government used to ensure that the right set of people are employed to do a particular job. Take teaching, nursing and doctoring for instance, these professionals render their services directly to the people and they have great impacts on the people they attending to, sometimes, the way they render their services to their customers determine whether these people will die or live. So, the government has to ensure that qualified and appropriate people are handling these jobs, that is why certificates and licences are needed to do these kinds of jobs.
