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andrey2020 [161]
3 years ago
14

In colonial​ america, the population was spread thinly over a large​ area, and transportation costs were very high because it wa

s difficult to ship products by road for more than short distances. as a​ result, most of the free population lived on small farms where they not only grew their own food but also usually made their own clothes and very rarely bought or sold anything for money. why were the incomes of these farmers likely to rise as transportation costs​ fell? as transportation costs​ fell,
Business
1 answer:
amid [387]3 years ago
5 0
As transportation costs fell, it was easier to get to cities and towns in order to sell surplus goods that these farms produced. Even in subsistence farming, a good year is likely to result in a surplus, and monetizing it would produce discretionary income.
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A construction company has built 30 houses so far this year at a total cost to the company of $7.5 million. If the company build
Kryger [21]

Answer:

d. All of the above are correct

Explanation:

a. is correct bescause if we calculate the average cost for the first houses we find this:

\frac{7,500,000}{30}=250,000

this agrees with the statement of option a.

b. The marginal cost is the variation in the total cost if an additional unit is produced.

The TC of producing 30 houses is 7,500,000 and the TC for 31 houses is 7,760,000

Now we just find the variation of producing that additional house by substracting the two costs

Cm= 7,760,000 - 7,500,000 = 260,000

c.

The marginal benefit is 275,000, the marginal cost is 260,000

The profit is then:

275,000 - 260,000 = 15,000

There is a profit of $15,000 product of building the 31st house

The three statements are correct so the answer is d.

6 0
3 years ago
Can this economy produce 6 units of guns and 12 units of butter ? explain​
vlada-n [284]

Guns and butter are the example of production possibility frontier(PPF)

Explanation:

Production possibility frontier is a graphical presentation that shows two goods combination and shows how these goods would be produced with efficient utilization of resources.

Guns and butter shows a relation in case of production possibility frontier , it shows how the investment should be done with the minimum resources present in the economy. If the economy is having proper resources for the production of guns and butter then 6 units of guns and 12 units of butter can be produced but while taking decision a nation should be rational , that is how to use the resources.

7 0
3 years ago
Vgfyhh6yh6h6hyhyhtvg6ybgy6hy6
Liono4ka [1.6K]

Yes, vgfyhh6yh6h6hyhyhtvg6ybgy6hy6 is correct!

7 0
3 years ago
Read 2 more answers
In which of the following situations would the use of temporary workers be most appropriate?
makkiz [27]

Answer: Option D  

                     

Explanation: In simple words, temporary workers refers to an arrangement under which an individual is hired to perform a job for a specified period of time as per the needs of the employing organisation.

     Hence in the given case, tax preparation company is a suitable form for temporary employees as they have few business clients and that too handled individually.

If some of the clients shifts to another firm then the subject firm can delpoy the temporary worker who was handling such client.

Thus, the correct option is D.

8 0
4 years ago
In some correctional institutions, correctional counselors also draft case reports on inmates that are provided to the parole bo
Komok [63]
Reliable and of good character or the latter of that unreliable and criminalistic.
4 0
4 years ago
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