Answer:
b. output increased dramatically, due to labor productivity increases.
Explanation:
Between 1870 and 1910, corn and wheat output increased dramatically, due to labor productivity increases.
This is a graph based question and hence reading off the graph provided in the scenario the output more than doubled between 1870 and 1910
Answer: -3,300Nm or -3,300 Joules
Explanation:
Work = F X d
Where:
F = force = 1,500 N
d = distance = 2.20m
We will be taking into consideration that the work that the tension force on the rope does to Magnus is negative because the force goes against Magnus.
This is in accordance with Newton' third law, which states that for every action, there is an equal and opposite reaction.
Therefore, we have:
W = F X d
W = 1,500 X 2.20
W = 3,300Nm
Since we are not calculating the work done by Magnus, but rather the opposite work done by the rope, our answer will be negative.
We therefore have:
-3,300Nm or -3,300 Joules.
Explanation; A product is said to have reach its saturation point if such a product is no longer generating new demands due to factors such as competition, decreased need, obsolescence, etc.
the fully allocated cost of a product is $10. If the price elasticity of demand for the product is -2, then the firms optimal markup is 10% 100% 200% or 300.
Demand is said to be relatively elastic if a relatively small change in price is accompanied by a disproportionately large change in quantity demanded. Mathematically, demand is said to be relatively elastic if its elasticity coefficient (that is, the result of the PED formula) is greater than 1.
Elastic demand or supply is when the elasticity is greater than 1, indicating high responsiveness to price changes. Inelastic demand or supply is one with elasticity less than 1, indicating a poor response to price changes.
A product with 0 elasticity is considered completely inelastic because changes in price have no effect on demand.
Learn more about price elasticity at
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