Answer:
The correct answer is letter "A": both the value of a good to society and the cost to society of making the good.
Explanation:
Price is the monetary value of a good or service that consumers are willing to pay and producers are willing to accept. <em>For companies, it represents the production costs of the good plus the unitary revenue they expect to obtain. For consumers, it is the value they provide to the good offered according to the type of need the good is destined to fulfill.</em>
Answer:
This situation means that resources were not being efficiently used.
If society managed to produce 1 more unit of X with the same resources and technology, this means that some resources were idle in the past, which causes inefficiency.
This also means that the combination 3 units of X and 4 units of Y is a point inside the PPF. However, we do not know if the combination 4 units of X and 4 units of Y is a point inside the PPF, or on the PPF, because there could be some other combination that could be even more efficient (for example 5 units of both X and Y with the same resources and technology).
Answer:
The statement is: True.
Explanation:
A competitive advantage is an advantage an individual, organization or country has over its competitors. That competitive advantage can be a comparative advantage when the entity has found a way to implement lower opportunity costs in its production process or a differential advantage if the firm provides a product or service with a unique feature difficult to replicate by competitors.
Conserving energy because he used less energy than he needed and was saved to doing something else in the world! :D
To learn about different careers, doing extracurricular activities can be beneficial for they are activities that could be either volunteered and are of outside of the school. These activities could help in learning different careers for the student could interact with people that he or she meets in the activities that the student is involved in. Job shadowing could also be helpful in learning different careers for it allows an individual to join someone who is working and observe them or learn more about their job description or their work. Lastly, internship is also a way of leaning careers for it is a way of introducing a person of the tasks that he or she could tackle when he or she thinks of taking a specific job in relation to it. The answer that is not included would be tv sitcom for they focus more on television shows that does not discuss about learning careers.
