I 'm not sure but the answer might be A.
1. decreases
2. increases3. decreases
4. decreases
The answers here require you to understand the terms involved. So let's look at the options and see what is what.
1. The price of a substitute good ▼ increases decreases​
* A substitute good is some good that can be used as a substitute for another good. So if that substitute becomes cheaper, it will be used more as a substitute for the original good. So the answer is "decreases"
2. The price of a complementary good ▼ decreases increases​,
* A complementary good is a good that's used in conjunction with another good. Something like milk and cookies. As more cookies are consumed, more milk is desired to go along with the cookies. So increasing the price of the complementary good will decrease the demand of the other good. So the answer is "increases"
3. Consumer income â–Ľ increases decreases
* If the consumer has less money to spend, then spending on non-essential goods will decrease. So the answer is "decreases".
4. Population â–Ľ decreases increases
* A smaller population is a reduced consumer base, so fewer goods are purchased. The answer is "decreases"
Answer:
production of different types will compete for limited resources.
Explanation:
The production possibilities model is also known as the Production–possibility frontier. It is the visual model of efficiency and scarcity. It provides the concept of how the economy can change things by using two goods as an example. It determines the trade offs that is associated with the allocation of the resources between the production of the two goods.
The production possibilities curve or model shows the inverse relationship between the two goods and the services as producing different types of products or services will complete for the limited resources available.
An economy has a very limited economic resource and therefore it can produce more number of one good by making only less of some another good.
Answer: Option (A) is correct.
Explanation:
An event planner or meeting planner is an individual who is responsible for bringing together every individual implicated in producing a get-together, incentive, special event. This individual understands the intent of the task, or organization's rationale. This requires working with a diverse range of people within the organization, also resources that are considered as external.
