AIEEE Questions

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In the early 20th century, the Balkans were called a "powder keg" because the political situation in the region was very unstable. For a long time, the Ottoman Turks occupied the balkans, and with the rise of nationalism, some balkan states declared independence.

Supply curves tend to be more elastic in the long run, because there is time for firms to enter or leave the industry.

The relationship between two organisms such that one lives on the other and one gets benefited while the other get infected.

Globalization has the largest effect on the economies. Globalisation is the process of interaction and integration between people, companies, and governments worldwide.

The Food and Drug Administration is responsible for protecting the public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products, and medical devices; and by ensuring the safety of our nation's food supply, cosmetics, and products that emit radiation.

Value added is determined by the difference between the price of product or service and the cost of producing it.

Added Value = Price that the product or service is sold at - cost of producing the product.