Bm 3 Review Part 1

A baker is someone who creates or makes bread, cakes, and other baked goods. They are responsible for producing these items.

A fisherman from New Orleans might drive all the way to Baton Rouge to go to Cabella's because he needs the special brand of bait that catches a special kind of fish, and Baton Rouge is the closest place to find it.

A business that makes and sells clothing takes part in the economy. This means that it is involved in the production, distribution, and consumption of goods and services within a specific market or country. The clothing business contributes to the overall economic activity by creating jobs, generating revenue, and meeting consumer demand for clothing products. It also interacts with other businesses, suppliers, and customers within the economic system.

supply was lost. The demand did not change.

By choosing to buy the new shoes, Jenna will give up the opportunity to have money to spend at the amusement park. Since the shoes cost $50, all of her savings will be used for the purchase, leaving her with no money left for other expenses like amusement park tickets or snacks. Thus, Jenna will have to forgo the option of enjoying herself at the amusement park due to her decision to buy the shoes.

The given options describe different types of markets. Christmas shopping at the mall refers to a physical location where goods are bought and sold. A nail salon is a service-based market where nail care services are provided. Amazon.com is an online marketplace where various products are sold. However, people working at a lawyer's office do not represent a market as they are not engaged in buying or selling goods or services.

The correct answer includes "Computers", "Yo-Yos", and "basketball balls" because these are all products that can be touched and bought or sold. They are tangible goods that are part of economic activity. The other options, "Haircuts", "doctor visit", and "sector 6 field trip" are not goods as they are services or experiences that cannot be touched or bought or sold in the same way as physical products.

The question is asking for an example of a market. A market is a place where goods or services are bought and sold. The options "going to a snowball stand for a snowball," "a beauty supply store," and "going to Wal-Mart" are all examples of places where goods are bought and sold, making them markets. However, "people going to work at a bank" does not involve buying or selling goods or services, so it is not an example of a market.

This person must be a colonist. He is sad that his fellow colonists treat the indians bad. Indians "always give us food a their quarters," The Colonists "do not often help them." "He calls them savages, but you can tell he doesnt mean it when he says "we possess more evils than these savages do."

faster and cheaper.

The use of the assembly line by Henry Ford resulted in several benefits, including the ability to build cars cheaper, faster, and more efficiently. However, it did not result in less cars being made. In fact, the assembly line allowed for mass production, leading to an increase in the number of cars being manufactured.

Emily's profit is $1200. This is calculated by subtracting the cost of making the cards ($300) from the total amount she made from selling the cards ($1500). Therefore, $1500 - $300 = $1200.