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3 years ago

How does lack of a good transportation system cause labour inefficiency (economics)

1 answer:

6 0

Because good transportation will provide jobs so if you do not have a good transportation system there will be lost jobs also a lack of good transportation will increase congestion on roads.

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A researcher measures driving distance from college and weekly cost of gas for a group of commuting college students. What kind

Elena-2011 [213]

Answer:

The correct answer is: a positive correlation.

Explanation:

Correlation can say something about the relationship between variables. It is used to understand:

1. If the relationship is positive or negative

2. The strength of the relationship.

Correlation is a powerful tool that provides vital pieces of information.

In the case of family income and family spending, it is easy to see that both rise or fall together in the same direction. This is called a positive correlation.

In the case of price and demand, the change occurs in the opposite direction, so that the increase in one is accompanied by a decrease in the other. This is known as a negative correlation.

8 0

2 years ago

Read 2 more answers

A shift in a PPC/PPF to the right (or outward) illustrates Growth which may be generated by __________________ (better utilizing

Elina [12.6K]

Answer:

The correct answer is economic growth.

Explanation:

A production possibility curve or frontier shows the different combinations or bundles of two goods that can be produced using limited resources. The curve is concave because of increasing opportunity cost.

An outward shift in the production possibility curve shows an increase in the level of production. This can happen because of two reasons ,

Increase in the quantity of resources available , and
Improvement in technology

Both of these factors will help in increasing the level of production. In other words, we can say that the outward shift in the production possibility curve shows economic growth.

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3 years ago

Kyoko's Performance Pizza is a small restaurant in Detroit that sells gluten-free pizzas. Kyoko's very tiny kitchen has barely e

Dvinal [7]

Answer: variable; fixed

Explanation: In the short run, Kyoko's workers are variable inputs. This is because, the number of workers needed can be varied based on production needs, even in the short run. Examples are energy, labor etc.

Kyoko's ovens are fixed inputs. Fixed inputs are those inputs whose quantities cannot be changed in the short run by a firm as it seeks to change the quantity of output produced. Examples are equipment, land and building.

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3 years ago

which one of the following is not a withdrawal option for a mutual fund owner, who has a minimum nav of $5,000?

vichka [17]

None of the Above. A mutual fund owner typically has access to a variety of withdrawal options, including direct deposit, check, and wire transfer.

However, the minimum NAV (net asset value) of the mutual fund must be considered when choosing a withdrawal option. If the minimum NAV of the mutual fund is $5,000, then none of the above options would be available.

Net asset value, or "NAV," of an investment company is the company's total assets minus its total liabilities. For example, if an investment company has securities and other assets worth $100 million and has liabilities of $10 million, the investment company's NAV will be $90 million.

To know more about NAV here

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1 year ago

During the current year, Harold Company sold inventory costing $350,000 for a selling price of $675,000. Beginning balances of i

Len [333]

Answer: $351,000

Explanation:

Given that,

Cost of inventory = $350,000

Selling price = $675,000

Beginning balance of inventory = $86,000

Beginning balance of accounts payable = $116,000

ending balance of inventory = $94,000

ending balance of accounts payable = $123,000

Cash paid to suppliers:

= Cost of Goods Sold + Change in inventory - Change in accounts payable

= 350,000 + (94,000-86,000) - (123,000-116,000)

= 350,000 + 8,000 - 7,000

= $351,000

6 0

2 years ago