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kykrilka [37]
2 years ago
8

What is Rationalization? Provide an example from your own experience or create a hypothetical example to show your understanding

of this concept
Social Studies
1 answer:
lara31 [8.8K]2 years ago
3 0

Answer:

Here is a good definition, and the explanation is not something that happened to me, but an example.

Explanation:

Hope this helped!

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Answer:

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The statement that  could explain the shift from S1 to S2 is: C.) The cost of a necessary resource in producing the good increased.

<h3>Shift in Supply curve from S1 to S2?</h3>

Shift in Supply curve from S1 to S2 occur due to different factors. When there is Shift in Supply curve from S1 to S2 this means that some changes has occur to both demand and supply of the product in the market.

Shift in Supply curve  can occur when their increase in the price of goods and service.

Therefore the correct option is C.

Learn more about Shift in Supply curve from S1 to S2 here:brainly.com/question/11850982

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aleksklad [387]

Answer: B

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Companies like Uber and Airbnb uses this kind of economic model. For Uber Taxi, unlike the traditional taxis that are owned by companies, the customers/passengers are serviced by private drivers who owned the cars used. For Airbnb, it allows customers/vacationers to rent a place or a room owned by private individuals compared to hotels or resorts which are owned by companies or corporations.
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