Answer: $1000
Explanation:
Marginal Revenue Product simply refers to the additional revenue that's gotten when one or more unit of input is used. It is the marginal revenue that us gotten as a result of additional resource.
From the question, we are informed that clearing one acre brings in $1,000 in revenue, therefore the marginal revenue product of hiring one low-skilled worker to clear woodland for one month is $1000
Answer:
finding land and making the land into wha ever yu want
Explanation:
hopes this helps
The complete question in the attached figure
Let
R------------------> nominal gdp last year---------- > $50,000
S------------------> nominal gdp this year---------- > $200,000
T------------------ > e<span>conomic growth rate
</span>
we know
T=[(S-R)/R]*100
therefore
T=[(200000-50000)/50000]*100=300%
T=300%
<span>that means that the GDP increased [300-100]=200%
</span>therefore
the answer is the option A) Output in Antaria quadrupled
Answer:
its either inert set or the inept set
Explanation:
Inert set: Those brands of which the consumer is aware, but towards which he or she is basically indifferent. Brands in this set are generally considered acceptable by the consumer when preferred brands are not available
Inept Set. brands that a buyer is aware of when considering a purchase, thinks poorly of, but uses in some way as a source of information. See: Inert Set Evoked Set.
these are the 2 definitions for both of them