Answer:
the true cost (opportunity cost) of going trekking is what the amount that you could have earned from your part time job on that day instead of going trekking. If you were planning to to study, then the true cost of trekking with your friend would be the loss of all the potential knowledge that you could have gain from studying.
Explanation:
opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen.
One way for a country to curb runaway inflation is to impose price controls. The price controls a government regulation establishing a maximum price to be charged for specified goods and services, especially during periods of war or inflation. In addition, polycentric pricing allows management in each global market to establish its own prices and market holding strategy is often used in response to unfavorable currency swings
Answer:
total or effective demand for good or service
total quantity of output firm will produce
Capitalism is when a country's industry is controlled by individual owners, not by the state. Free enterprise is an economic system where businesses compete without much state control. Hope this helps!
Answer:
b
Explanation:
yes they should encourage everyone and the share the information with everyone so that interested and qualifying candidates can get a chance to apply