economy is based on using resources. We sell resources and use resources to manufacture and transport products. We use resources to run businesses and in our everyday lives. Is this good for the environment? Why do companies sometimes do things that are not good for the environment?

Q: What types of farming occur near Mississauga, Ontario? Why?

A: Cash crops like  oilseed and grain farming –– fruits and vegetables,  soybeans and corn – are the…

Q: How do Adam Smith’s principles of the free market play out in our economy today?

A: Adam Smith is a well-known economists till now as he gave many economic theories and models to help…

Q: Describe in your own words what you think is meant by the term sustainability. List three ways that…

A: People often use sustainable development and sustainability interchangeably as they look quite…

Q: Which statement best describes economic freedom?         Sara would like a new green…

A: The objective of the question is to identify which scenario best represents the concept of economic…

Q: Economics affects nearly everything we do in some way. Someone else has produced most items we…

A: According to economists, the pricing of some goods/products is extremely/highly inelastic. That is,…

Q: Is real estate BEST viewed as a commodity or a resource? Defend your position on why?

A: According to me, real estate is viewed as a resource not as a commodity. This is because a commodity…

Q: Explain how and why the "invisible hand" works to ensure that producers provide quality services and…

A: Invisible hand is simply the idea of how the market gets sorted through the forces of demand and…

Q: How do design, creativity, and innovation connect in our current environment?

A: Economic activities are incrasing in all over countries eithe developing or developed economy.…

Q: What makes markets efficient?

A: When the market's outcome is desirable, the market is considered to be efficient. But if the…

Q: Identifying Use a graphic organizer similar to the one below to identify how the federal government…

A: Competition harbors innovation, quality improvement, and cost reduction in the business world.…

Q: Why are sustainability challenges so difficult to solve?

A: environmental problems are exceptionally difficult to address on the grounds that it's a gigantic…