What Were The Benefits Of Trade For Ancient Egypt? The trade initiated during the Old Kingdom of Egypt helped fund the pyramids of Giza and countless other monuments. The difference between Old Kingdom and New Kingdom trade was that the New Kingdom was far more interested in luxury items and, the more they became acquainted
What Quantity Of Goods And Services Are Produced? Output are the quantity of goods or services produced in a given time period, by a firm, industry or country. There are four types of market scenario that a firm may encounter when making a production decision: economic profit, normal profit, loss-minimizing condition, and shutdown. What is
What Were The Ancient Athenians Credited With? The Athenians invented democracy, a new type of government where every citizen could vote on important issues, such as whether or not to declare war. All public officials and even generals commanding the army were elected or chosen through a lottery. Who did the ancient Athenians trade with?
What Products Are Available As Fair Trade? The Fairtrade certification system covers a growing range of products, including bananas, honey, coffee, oranges, Cocoa bean, cocoa, cotton, dried and fresh fruits and vegetables, juices, nuts and oil seeds, quinoa, rice, spices, sugar, tea, and wine. What products can be Fairtrade? Bananas. A go-to snack for people
Which Of The Following Is A Good Example Of A Tradeoff? In economics, a trade-off is defined as an “opportunity cost.” For example, you might take a day off work to go to a concert, gaining the opportunity of seeing your favorite band, while losing a day’s wages as the cost for that opportunity. What
Which Two Sentences About Trade In The Roman Republic Are True? The Romans imported a whole variety of materials: beef, corn, glassware, iron, lead, leather, marble, olive oil, perfumes, purple dye, silk, silver, spices, timber, tin and wine. The main trading partners were in Spain, France, the Middle East and North Africa. Britain exported lead,
What Is An Example Of An Inferior Good Quizlet? A good for which demand decreases as income rises and demand increases as income falls. … A car, as income rises the demand for cars increase. Example of an inferior good. Public transport, as income rises the demand for public transport rather than private travel decreases.
When A Consumer Typically Purchases Two Goods Together These Goods Are Called? Complements (complementary good) Two or more goods that tend to be used together. If two goods are complements, an increase in the price of one will lead to a decrease in the demand of the other. Supply. When two goods are typically bought
Which Of The Following Is An Example Of Free Good? Examples of free goods are ideas and works that are reproducible at zero cost, or almost zero cost. For example, if someone invents a new device, many people could copy this invention, with no danger of this “resource” running out. Other examples include computer programs
What Do You Have To Declare At Customs Jamaica? They should respond truthfully to all questions and accurately declare what is in their possession. This includes a requirement to report any food, plant, animal products, monetary instruments (cash, cheques, money orders) USD$10,000, its equivalent or more. What can you not bring into Jamaica? Forbidden items