It is useful to distinguish between the cost of obtaining and the cost of providing goods because
A) costs always pertain to specific actions.
B) obtaining is more costly than providing.
C) providing is more costly than obtaining.
D) supply must equal demand.
A
Economics
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Which statement shows income as a factor affecting demand?
a. A factory in town gives its employees bonuses, and mall purchases increase. b. Many people move into a suburb because it has affordable housing. c. Advertising convinces people that jeans make them look overweight. d. Meteorologists predict a winter with lots of snow, so shovel sales rise.
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Which English colony was the first permanent settlement in America?
a. Roanoke b. Plymouth c. Jamestown d. Mexico e. Quebec
Economics