10.Whatdoestheunderlinedword“tangible”probably mean? A.Realistic. B.Creative. C.Challenging. D.Temporary. 11.Whatcanbeinferredfromtheresearchfindings? A.Peoplecangetsmartthroughlearning. B.Oneshouldnotdiscriminateotherraces. C.Peopledon?tenjoyequalrightsforeducation. D.Onecanlivelongerbygettingmoreeduca...
In economics, a commodity is defined as a tangible good that can be bought and sold or exchanged for products of similar value. Natural resources such as oil as well as basic foods like corn are two common types of commodities. Like other classes of assets such as stocks, commodities have ...
Entrepreneurship in Economics In economist-speak, an entrepreneur acts as a coordinating agent in acapitalist economy. This coordination takes the form of resources being diverted toward new potential profit opportunities. The entrepreneur moves various resources, both tangible and intangible, promoting capi...
Question: What is tangible evidence? Evidence: In the court of law, evidence is a very important concept. Simply put, evidence is anything that helps to support or validate a claim or an assertion. For example, evidence for a person who says they are innocent would help support and validate...
Positive economics is objective and fact-based. Its statements are precise, descriptive, and clearly measurable. These statements can be measured against tangible evidence or historical instances. There are no instances of subjective approval or disapproval in positive economics. Here's an example of...
This representation includes whether the thing is virtual or a real-world, tangible object.A token can grant special platform permissions to a user, grant exclusive access to a service, or represent ownership. A token also can represent cryptocurrencies that have monetary value. Let's dive into ...
Ineconomics, capital goods are tangible objects that are used in the production of other goods or commodities or during the providing of services. They can include things such as buildings, machinery, tools, computers and any other equipment that is used to make or do something else, which can...
What is the basic assumption of economics? What is logical positivism in psychology? What is factual causation? What is reasonable belief in employment law? What is tangible evidence? What is the establishment of prima facie case? What is the causation argument?
What does low price competition mean in business? What is an example of an unethical company? What are examples of upward communication? What is a socially responsible product? Give an example. What is a commodity product? What is an example of a capital lease?
Does Scarcity Mean Something Is Hard to Obtain? Scarcity can explain a market shift to a higher price, compare the availability of economic inputs, or convey the opportunity cost in allocating limited resources. The definition of amarket priceis one at which supply equals demand, meaning all th...