Answer:
Explanation:
Production function: In simple words, production function refers to the functional relationship between the quantity of a good produced (output) and factors of production (inputs).
Production function: In simple words, production function refers to the functional relationship between the quantity of a good produced (output) and factors of production (inputs).
FDI: A foreign direct investment is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.
- Singapore has encouraged foreign firms to establish subsidiaries within its borders, especially in the electronics industry.
- Singapore has the fourth-largest amount of FDI in the world.
- What has happened to the rental rate and the wage?
- Find in the attachment a table which shows much of this.
- The annual growth rate in rental rates for the 1970-1990 period using the production function and marginal product was -5%.
Answer:
Passive solar heating system
Explanation:
The goal of passive solar heating systems usually refers to the system in which the energy provided by the sun is used for heating and cooling of the living places in a house.
When sunlight falls on the house, the building elements capture the heat energy of the sun and it later releases back this heat when the sun is not there. The main objective of this system is to regulate the room temperature. It is comprised of two main elements, one is the glasses that face towards the south and a thermal mass that is used for heat absorption, storing and distribution of heat.
