14.23 I think is the answer
Answer:
An increased supply of gold during good economic times causes a reduction in the value of the gold thus the price of gold reduces.
Explanation:
Good economic times are times when the economy is growing and expanding. This means that the supply of money is very high thus most people can afford lines of credit. This increases the quantity of disposable income available to most people. The people in such type of an economy feel wealthier and thus are ready to spend on goods and services that are considered luxuries. At the same when there is excessive spending, most people buy gold due to the fear of inflation since it has been traditionally believed that holding currency in form of gold is a safe measure against inflation. This usually causes the price of gold to rise.
However, in our case, the supply of gold has increased dramatically. Gold, just like any other commodity is affected by the forces and supply. When the supply of gold exceeds the demand, there will be an excess that won't be bought by consumers. To ensure that there is a balance, the price of gold will reduce.
Answer:
- opportunity cost
- Transportation cost
- Cost of materials and equipment
Explanation:
During the apprentice training at the photographer, the trainee still hasn't still receive a payment for their work.
The time that they dedicated for the training could've been allocated to do other jobs that pay something. This is why the time they've sacrificed is considered as an opportunity cost.
They also need to commute from their home to the training vicinity. This resulted in daily transportation cost until the training finished. Not only that , they're also required to bring their own equipment for the training since it would be expensive for training facilities to provide these for them.
Answer:
24.75 Hours
Explanation:
Since Alice worked TWICE as many hours as Louis, you divide 49.5 by 2.
Answer:
Productive Resources are the resources used to make goods and services
Explanation:
It's basically about the type of resource that makes capital goods and service.
- Sincerely, Ouma
Answer: When the switch is closed.
Explanation: The current is the flow of charges, the current can only flow when the switch is closed
Answer:
Forces are either positive or negative vectors, depending on the direction in which the force is acting. The net force is the sum of all of the forces acting on an object. If the children pull on the toy with the same force in opposite directions, the forces will be perfectly balanced and cancel out, leaving a net force of zero.
Explanation:
for the edge peps :)