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4 years ago

How does arable land play an important role in a nation’s development?

Business

1 answer:

Aleks [24]4 years ago

7 0

Answer:

The correct answer would be option A, The amount of arable land affects the agricultural output of a nation.

Explanation:

Arable land is a land which is capable of producing crops. A land where soil can be ploughed and crops can be grown, is know as the Arable Land. When crops are grown in a country, they help the country to increase their agricultural output. So arable land affects the agricultural output of the country or nation. For example, if a land is arable, farmers grow crops like potatoes, carrots, tomatoes, cucumbers, etc, and help the country in boosting the agricultural area. This would contribute towards the increase in the gross domestic product of the country.

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You decide to save for your dream vacation to Europe (London, Paris, and Rome). You want to be able to travel in 8 years. If you

lakkis [162]

Answer:

$6,541.32

Explanation:

the formula that would be used to solve this question is :

The formula for calculating present value:

FV x (1+r)^-n = P

FV = Future value = $9,963

P = Present value

R = interest rate = 5.4%

N = number of years = 8

$9,963 x (1.054)^-8 = $6,541.32

8 0

3 years ago

As a science, psychology gains knowledge through observation and measurement. this approach is called –, and the step-by-step im

Veronika [31]

As a science, psychology gains knowledge through observation and measurement. this approach is called "empiricism", and the step-by-step implementation is called the "scientific" method, which follows systematic steps in a bias-free way, in order to obtain "reproducible" results.

Empiricism is an essential part of the scientific method since speculations and theories must be watched and tried to be viewed as precise. Empiricists will in general be skeptical that anything can be known for certain and, in this way, they tend not to put stock in creeds or total certainties. Empiricism is a philosophical conviction that expresses your insight into the world depends on your encounters, especially your tactile encounters.

4 0

4 years ago

assume bell computer company operates in a perfectly competitive market producing 5,000 computers per day. at this output level,

Agata [3.3K]

In a perfectly competitive market bell computers will cause profits to increase by producing one more.

A hypothetical market system is referred to as perfect competition. Perfect competition offers a valuable model for illustrating how supply and demand influence pricing and behaviour in a market economy, despite perfect competition seldom occurring in actual markets.

One of the most efficiently operating markets is one with perfect competition, when a large number of buyers and suppliers cooperate perfectly. Sadly, it is a hypothetical event that does not occur in the real world. But in order to guarantee a fair price for all goods and services, markets should strive to be as similar to this type of market as feasible.

Learn more about perfectly competitive market here:

brainly.com/question/13961518

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6 0

1 year ago

When companies try to entice customers to make purchases by offering special incentives or excitement-building programs, includi

stealth61 [152]

Answer:

Sales Promotion

Explanation:

The method of order to persuade a potential client to purchase the product is sales promotion.

Sales promotion is meant to be used as a short-term tool to boost sales – as a means of creating long-term customer loyalty, it is rarely acceptable.

Many offers for sales are intended for customers.

5 0

3 years ago

While harry was intoxicated, he sold his car to ben for substantially less than its fair market value. this contract is consider

VMariaS [17]

The answer to this question is that the contract is voidable. A voidable contract specificallt means that the contract can still be implemented or affirmed or rejected by one of the parties due to valid reasons. A situation where in a contract can be voidable is when the other party is not in the capacity to enter into a contract.

7 0

4 years ago