Answer:
These two are very good ideas to reduce poverty in poor countries:
2) reduce or eliminate subsidies to U.S. producers when poor countries have a comparative advantage producing those goods U.S. subsidizes.
3) Work to improve agriculture in poor countries.
Explanation:
Numeral 2 is a good idea because it would help poor countries produce those goods they have a comparative advantage in, and export some of the production to other countries, including the U.S., bringing much needed income to the population.
Numeral 3 is also a very good idea to implement, because poor countries usually have inefficient agriculture, in some cases, so inefficient that a part of the population has poor nutritrion. Improving agriculture in poor countries helps feed the population, and also export the excess produce abroad.
Answer:
the derived demands would most likely be increased.
Explanation:
When the new high school opened next to the fast food resturant i.e. popular so here it increased the consumers for that restaurant also the majority of the consumers would be the students only as it near by the school. Also the price should be cheap so that it can be easily afforded by the students
Therefore the derived demand should be likely to rise
Answer: Retailers
Explanation:
One type of distribution channel is one where a company ships its goods directly to a retailer which would then sell to a customer. For instance, when a car company sells directly to a car dealership and then the car dealership sells to consumers.
This is what is happening here. The company is selling directly to the school which then sells the goods through the students, to consumers. The students and the school can therefore be said to be retailers.
Answer:
The indifference point is $17,000
Explanation:
Giving the following information:
Location:
Alpha Ave.:
Fixed Costs= $ 5,000
Variable costs= $ 200 per person
Beta Blvd.:
Fixed costs= $ 8,000
Variable costs= $150 per person
We need to find the indifference point.
Alpha= 5000 + 200*x
Beta= 8000 + 150*x
5000 + 200x=8000 + 150x
50x=3000
x= 60