Providence as we know it, is God's actions and the resources He gives human beings in order for them to survive and develop; in other words, God gives humans the tools needed and required to live a happy and full life.
According to Beveridge, the expansion of <em>America</em> was in accordance with the <em>divine providence</em>; it was mandatory to continue the United Stated expansion into the <em>Philippines</em> and the Pacific Rim. For him, this expansion will ensure and economical and political growth for the United States; this idea was supported by the 19th century Manifest Destiny.
Answer:
B) false
Explanation:
Socrates never wrote anything. All of what we know about Socrates is from what other people wrote about him.
the Clayton Antitrust Act (trustbusting)
the Underwood-Simmons Act (tariff reform)
the Federal Trade Commission (protection of consumers and regulation of business)
<em>The correct answer is: 2. </em>Green tea is inelastic in terms of supply.
The elasticity of the supply of a product measures the variation experienced by the quantities of products supplied by the producers before variations in certain factors of production. In our case, the established factor is the market price of the goods to be produced (green tea), and is called the price elasticity of the offer.
The price elasticity of the supply of a product is calculated as the quotient between the differences in the quantity offered to the market by the producers and the differences in the market price of that product.
In this case, the price elasticity of green tea is 67%. The calculation is done as follows:
<em> E (%) = (S2-S1) / (P2-P1) = (5-3) / (7-4) = 2/3 = 67%
</em>
As this value is less than unity, it is said that the green tea is Inelastic in terms of supplies with respect to the market price.
This means that before increases in the price the quantities supplied by the producers increase in a smaller proportion.
