1. What is the term used to describe the reliance of business and industries on one another in a econmy?
A. Capitalization
B. Independence
C. Interpedence
D. Opportunity cost
2. What economic term explains the effect of the sold out latest toy that parents can't get for their?
A. Capital resources.
B. Economy.
C. Natural resources
D. Scarcity
3. What is an example of a capital resources?
A. forrest
b. machines
c. minerals
d. wildlife
I'm not very good at this I need help
You'll be better at this after you learn the meanings of these words. Check this site.
http://www.investopedia.com/dictionary/
No problem! I'm here to help. Let's break down each question and explain how you can arrive at the correct answer for each of them.
1. To answer this question, you need to understand the concept of businesses and industries relying on one another in an economy. This is known as interdependence. The correct answer is C. Interdependence.
2. This question asks for an explanation of the situation where the latest toy is sold out and parents can't get it for their children. To answer this question, you should be familiar with the economic concept of scarcity, which refers to limited availability of resources or goods. The correct answer is D. Scarcity.
3. This question asks for an example of a capital resource. To answer this question, you need to understand what capital resources are. Capital resources are goods produced and used in the production of other goods and services. Given the options, the correct answer is B. Machines.
So, the correct answers are:
1. C. Interdependence
2. D. Scarcity
3. B. Machines
Remember, it's important to study and familiarize yourself with economic concepts to improve your understanding and accuracy in answering such questions.