the reduction in the quality of the land; the vegetation cover and soil moisture caused by the wrong farming practices.
the sacrifice that has to be made every time a choice is made because of scarcity.
the additional costs to society of external factors such as the pollution of the air; ground and...
a formal written offer to supply specific goods and services at a stated cost or rate.
when firms do not produce the correct quantity to suit demand as they do not use the resources...