Compared to other industrialized nations, the united states has one of the highest rates of childhood poverty.
Compared to other age groups, the poverty rate for people aged 65 and over is the highest. Older women are more likely to live in poverty than older men.
Positive effect on learning for children from 2 years old. The same positive effects as entertainment television for children over 4 years old.
The official poverty line income threshold is set by multiplying the 1963 inflation-adjusted minimum food cost by a factor of 3 and adjusting for family size, composition, and age of the head of household.
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Answer:
In fact these loans are basically short term loans which do not require any collateral pledging to get its approval. ... Instead, the criterion for availing these loans is very simple.
<u>Explanation:</u>
Note, the term diminishing marginal utility refers to an economic principle that states that the more unit of a particular commodity or service we consume, the more the satisfaction (utility) derived out of the consumption reduces or diminishes.
For instance, if I watched movies produced by a particular entertainment company for several days (eg Disney Studios), I may become dissatisfied using this particular entertainment provider and may decide to try another service (Netflix).
Another instance could occur after exercising, I'm given 3 bottles of coke, after taking my first bottle, the amount of utility I derive would reduce until I get to the third bottle, at this point I've reached my peak.
The law of diminishing marginal utility failed for someone I know who had used the same type of toothpaste and brushed her teeth at least once a day for a period of over 10 years.
Assuming that you have the values for the year 2017, the break-even point would be 1500 units for the year 2017. To calculate this, we use the idea that at the breaking point, total sales is equal to the total cost or expenses made. Which would be:
selling (x) = fixed + variable (x)
x = fixed / (selling - variable)
x = 270000 / (600-420)
x = 1500 units
