Question

please answer this question ​

Answer 1

Answer:

1 For resources traded in markets such as oil, land, timber, and crops, the value of small quantities of market goods can be measured by their observed price. In competitive markets, prices reflect both the marginal cost of producing the good to suppliers and the marginal value to consumers.

Explanation:

2 Utility means “of practical use.” We refer to government facilities that provide water, electricity and natural gas as public utilities. Utility is similar to the word utilize, which is basically a stuffy word for use.

4 the official right to be the only person to make, use or sell a product or an invention; the document that shows this is your right.