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Virty [35]
8 months ago
14

Costa rica is a top exporter of coffee. the highest-quality coffee is sold abroad, and the lower-quality coffee is consumed by t

he native costa rican people. which basic economic question is not addressed in this information? what to produce? why to produce? how to produce? for whom to produce?
Business
1 answer:
vagabundo [1.1K]8 months ago
7 0

Three basic economic questions are -

  1. What to produce?
  2. How to produce?
  3. Whom to produce for?

Economists study how households and businesses interact to produce the goods and services people need. They look at the factors of production, such as land, labor, and capital, and how they are combined to produce goods and services. Essentially, economists try to answer three sets of questions:

  • What goods and services should be produced to satisfy consumer needs?
  • How much of this product do you need?
  • When should you produce a report?
  • What is the best way to produce goods and services?
  • How should these products be produced, and what resources should be used to do so?
  • Who should be the recipients of goods and services?
  • How should the product be allocated among consumers?

To learn more about Economics Questions from the given link

brainly.com/question/2403391

#SPJ4

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A rent ceiling set below the equilibrium rent creates a situation in which the quantity demanded of housing is greater than quantity supplied.

<u>Option: C</u>

<u>Explanation:</u>

Rent limit is the highest price a property owner can demand for rent. Rent ceilings are typically fixed by legislation and limit how high the rent can be in a given area. Although, the amount of affordable housing is also reduced as a consequence of this rule, as tenants are not interested in renting out their properties at a cheap price.

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3 years ago
Suppose the civilian noninstitutionalized working age population is 35.9 million in Laborland, 4.6 million are working part time
frozen [14]

Answer:

The answers are:

A) 25.23 million people

B) 70.28%

C) 4.92 million people

D) 19.50%

Explanation:

Laborland's total labor force can be calculated by adding those who are employed and those who are unemployed but were searching for a job during the last month.

  • 4.6 million (part-time employed) + 15.71 million (full-time employed) + 3.2 million (looked for a job two weeks ago) + 1.72 million (looked for a job between two and four weeks ago) = 25.23 million people

Laborland's labor force participation rate can be calculated by dividing the labor force by the total population.

  • (25.23 million / 35.9 million) x 100% = 70.28%

Laborland's total unemployed can be calculated by adding the number of people without a job that searched for a job during the last month.

  • 3.2 million + 1.72 million = 4.92 million people

Laborland's unemployment rate can be calculated by dividing the total number of unemployed people by the total work force.

  • (4.92 million / 25.23 million) x 100% = 19.50%

6 0
3 years ago
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Answer:

two advantages are having your own buisness and being able to make money, and doing what you love (or like)

two disadvantages are the cost of owning a buisness, and a building to have it in.

Explanation:

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Therefore the above represent the answer

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