Using graphic organizers
8. on a separate sheet of paper, copy the multi-
flow map below. organize information on
how firms determine their total costs by
completing the multiflow map with exam-
ples of fixed and variable costs.

1.  go out into nature and commune with the divine2.  experience real solitude to truly perceive nature3.  realize that individuals are meant to learn from nature and transcend it4.  think of nature as a symbol of the divine

Scarcity is when there is not enough of something to satisfy everyone's wants or needs. when this happens, the amount of the product that is in stock will gain a lot of value, because there's so little of it. this is why consumers will have to pay higher prices for them.