Which of the following is an investment in human capital?

The ancient Sumerians developed which of the following concepts that greatly influenced mathematics?

Anastasy [175]

They created the earliest known writing system, know as cuniform.

7 0

3 years ago

Read 2 more answers

Economic Can you help this? Thank you :3

ivann1987 [24]

Answer:

loss of farmland

Explanation:

Got the answer on quiz, 100% right

3 0

3 years ago

Oscar consumes both video games and Pepsi.

Eduardwww [97]

A) Oscar's Total utility from purchasing 3 video games and 2 pepsis = 21

B) The quantity of video games and Pepsi maximizes Oscar’s utility = 2 video games and 5 Pepsi

C) When the price of Coca cola drops : Oscars' demand for pepsi will drop

D) Pepsi is an Inferior good because it has a negative income elasticity

E) The cross-price elasticity for video games and computer equipment is : Positive

<h3>Analysis of the solutions </h3>

A) The total utility from purchasing 3 video games and 2 pepsis

marginal utility of 3 videos games = 12

marginal utility of 2 pepsi = 9

therefore total utility = 12 + 9 = 21

B) The quantity of video games and Pepsi maximizes Oscar’s utility

The quantity of video games with the maximum utility ( 20 ) = 1

The quantity of video games with the maximum utility ( 10 ) = 1

Given that :

Oscars weekly income = $20

price of video game = $5

price of pepsi = $2

After the first purchase of video games and pepsi

$20 - $7 = $13

after the next purchase

$13 - $7 = $6

The balance $6 will purchase 3 more pepsi

Therefore the quantity of Video games to be purchased = 2 ( $10 ) (i.e. 15 utility )

Quantity of Pepsi to be purchased = 5 ( $10 ) ( i.e. 6 utility )

C) When the price of Coca cola drops Oscars' demand for Pepsi will drop as Coca cola is a competitor/superior product.

D) Pepsi is an inferior good

E) The cross price elasticity for video games and computer equipment is positive

Hence we can conclude that the answers to your question are as listed above

Learn more about Utility : brainly.com/question/24922430

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5 0

2 years ago

Where was the 1944 conference that established rules for postwar globalization, including the creation of the World Bank and the

Cerrena [4.2K]

Answer: Bretton Woods.

Explanation:

The Bretton Woods Conference was officially named the United Nations Monetary and Financial Conference.

It was held at the Mount Washington Hotel, in Bretton Woods, New Hampshire, United States. It was 1944, and the conference started on July 1st and lasted up to the 22nd. It gathered 730 delegates from 44 Allied nations to sign agreements and establish the International Bank for Reconstruction and Development (IBRD) and the International Monetary Fund (IMF).

6 0

3 years ago

How can countries in Southeast Asia and the larger global community work together to reverse the patterns of destruction in Born

mixas84 [53]

The Association of Southeast Asian Nations (ASEAN) has already begun to support Borneo through cooperative agreements that will help protect the island’s wildlife. ASEAN must now provide resources and guidance for the local governments on Borneo so that they can adopt these agreements. Local and regional governments in Borneo can offer additional support by cracking down on illegal trade in timber or other products within their borders.

Global partners can provide funding to these governments for the enforcement of such protective measures. Furthermore, global partners can send experts to work with local villagers on alternatives to slash-and-burn agriculture. Outside nations can also impose international pressures to isolate the companies that are involved in the illegal and unsafe trade of timber, palm oil, or other products. International pressure can also encourage the governments in charge of Borneo to enforce their own laws.

4 0

4 years ago