Where there is a rise, there is a fall, why? Give three reasons to justify the statement.
Answers
Answer:
Rises and falls of the body is a natural phenomenon during casual walking: when feet are apart the body is closer to the ground than when the feet are together. Some dances, e.g., Charleston, exaggerate this natural "bobbing", while in many others bobbing at each step is considered to be bad style or lack of proper technique.
Explanation:
i think it is hope full to you if u like my answer say thanks.....
And mark me as a brilliant answer
Answer:
2-1 Explain this statement: "If resources were unlimited and freely available, there would be no subject called economics."
If resources were unlimited and freely available, making choices would not be necessary. Every person could have as much as they wanted of any good or service. Economics, the science of choice, would be unnecessary.
2-2 Comment on the following statement from a newspaper article: "Our junior high school serves a splendid hot meal for $1 without costing the taxpayers anything, thanks in part to a government subsidy."
Obviously the writer is confused. Government subsidies come from government revenues and taxpayers are the source of tax revenues. It may be true that local property taxes that fund the junior high school are not being used for the lunches, but the federal government�s funds do come from taxpayers across the country, including those in the town with the junior high. This example helps support the saying, "There ain�t no such thing as a free lunch!"
2-3 Critically analyze: "Wants aren�t insatiable. I can prove it. I get all the coffee I want to drink every morning at breakfast." Explain: "Goods and services are scarce because resources are scarce." Analyze: "It is the nature of all economic problems that absolute solutions are denied us."
It may be that you get all the coffee you want on a particular morning, but will that satisfy your wants forever? Not if you want coffee in the future. Therefore, even your desire for coffee is insatiable over time.
Goods and services are the product of resources. If resources were abundant without limit, then we would not have a scarcity of the products they produce.
Economic problems are problems of relative scarcity�wants exceed resources in the relative sense. We cannot absolutely solve all of our economic problems; that is, satisfy all of everyone�s wants and needs. If all our wants were completely fulfilled, nothing would have a price�why pay for anything if you�ve got everything already? And if there were no unfulfilled wants there would be no economic resources�why pay for an input when you�ve got all the outputs you could ever need? The fact that totally free goods and services do not exist provides support for the notion that total fulfillment of our wants is impossible.
2-4 What are economic resources? What are the major functions of the entrepreneur?
Economic resources are of four main types: labor, land (natural resources), real capital (machines, factories, buildings, etc.,) and entrepreneurs. Economic resources are also called factors of production or inputs in the productive process. As these names imply, economic resources are required to produce the outputs desired by society. Since certain outputs are desired, they command a price and so, therefore, do economic resources. This can lead to some things being economic resources in some circumstances but not in others.