Alda is willing to pay $2,000 to visit her favorite cousin over spring break. A month ago, she booked a trip costing $1,200. Spring break has arrived, but Alda needs one day to finish an important paper before she goes. Alda could cancel her trip and get a refund of $800. Or, she could pay an additional $1,000 (on top of the $1,200 she already paid) to rebook the trip for two days later. Explain what Alda should do.

i think the answer would be b hope this

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer; ///hong kong;

answercombination of ability and experience of the partners;