Investments can lead to more demand for goods. Investment means an increase in capital spending and is a component of Aggregate Demand (AD), if there is an increase in investment it will help to boost AD and therefore economic growth.
Answer:
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations.
When milk has an absolute advantage in the production of two goods over Tommy, Milk IS MORE PRODUCTIVE IN PRODUCING BOTH GOODS THAN TOMMY.
A country or an individual is said to have absolute advantage in producing a good if the person can produce the good more efficiently economic wise.
Answer:
$504,300
Explanation:
The total cost of the land that Shamrock Inc. purchased has to include:
- the actual price paid for the land: $490,000
- legal fees and real estate commissions: $2,600
- taxes due and permits, zoning fees, etc: $5,300
- site preparation (includes land grading): $6,400
The total cost of the land is: $504,300
