3. Consider two firms, A and B, that are producing the same product but with
different average costs. Economists say this situation reflects a problem of
a. unemployed resources.
b. economic inefficiency.
c. productive inefficiency..
d. allocative inefficiency.
e. not necessarily any of the above.

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

it's d. out with the planting and harvest of the crops.