Swimming is generally the least expensive activity among golf, sailing, and photography due to the lesser requirements of expensive equipment or membership fees.
The least expensive among the listed activities would be swimming. This conclusion is based on the general understanding that golf and sailing require specialized, often expensive equipment or membership fees, whilst photography requires significant investment in cameras, lenses, and potential editing software. On the other hand, swimming is generally a low-cost activity as it usually requires only a swimsuit and access to a pool, lake, or ocean, which is often freely available or comes with a small charge.
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Answer:
Intellectual capital and knowledge assets.
Explanation:
Intellectual capital and knowledge assets are the two names for the assets that reside within the minds of members, customers, and colleagues and include physical structures and recorded media. Intellectual capital can be defined as an intangible asset or collective knowledge of employees or individuals working in an organization, which has the potential to contribute to the development, as well as generate value for the organization.
On the other hand, a knowledge asset is the sum total (cumulative) of the intellectual resources possessed by an organization and by extension contributes to its success.
Intellectual capital and knowledge assets are the two names for the assets that reside within the minds of members, customers, and colleagues and include physical structures and recorded media.
The two names for the assets that reside within the minds of members, customers, and colleagues and include physical structures and recorded media are intellectual capital and knowledge assets. Intellectual capital refers to the collective knowledge, skills, and expertise of individuals within an organization, while knowledge assets encompass both explicit and tacit knowledge stored in various forms such as documents, databases, and people's minds.
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Answer:
The correct answer is (b) positive economics.
Explanation:
The positive or descriptive economy seeks to explain how the economy works based on reality, that is, empirically. Therefore, try to explain what it was, what it is and what it will be, explaining the consequences of different economic phenomena.
In making a positive economy, economists are considered to act as scientists, moving their moral considerations away from the reality analyzed. Thus, they focus on explaining the cause-effect relationships between facts and economic variables objectively.
The positive economy starts from an economic phenomenon and seeks to find its cause (what was) and its consequences (what will be). This is about establishing a chain of cause-effect relationships between the different economic phenomena, so that the consequences on the reality of any change in the variables studied can be known.
Answer:
damages, should the buyer default.
Explanation:
Prospective buyer is the one who intends to buy.
Agent is the one who provides the facility of making the deal feasible, for buyer as by providing options to buy, and finding deals within the reasonable price range.
In any case if the buyer makes any kind of default there will be damages which the agent will bear.
Thus, while making the deal the agent shall realize that these things can happen.