Answer:
Explanation:
Company increases the input by 20%
increase in output in percentage terms
= [(1500 - 1000) / 1000 ] x 100
= 50 %
So percentage increase in output is more than percentage increase in input
hence there is increasing return to scale at this product.
In case of increasing return to scale , cost of production per unit decreases .
There is increasing efficiency in production .
In real estate, a person selling his or home lists the price of the home which is called asking price. In return, the person who wants to buy the home provides the price or she is willing to pay for the home which is called offer price. Both are examples of negotiations where the buyer and seller through their agents would agree on a certain amount that is amendable to both.
The invention of the railroads helped pour immigrants from Eastern Europe.
The development of steamships reduced passage time from weeks to days, in the case of the fastest ships, while the expansion of railroads across Europe in the middle of the 1800s significantly reduced travel time to embarkation ports. The size of the ships also expanded; some of them could accommodate more than 1,000 immigrants in steerage. They had to go by the river to reach Hamburg, one of the major ports of the time, before the development of railroads. This was inconvenient and took a few days. About 30 million Europeans immigrated to the United States between 1815 and 1915. Travel across the country used to cost close to $1,000 before the Transcontinental Railroad was built. The cost significantly decreased once the railroad was finished.
Immigration, Transcontinental Railway, Seaports, Poor immigrants
To read more on European immigration via railroad brainly.com/question/9804430
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Explain why the Bill of Rights was ultimately added to the Constitution and whether you agree with the decision.
The elements that William Hogarth depictrd with inaccurate perspective in the engraving includes:
- woman handing a candle
- sheep lined up
- bird perched on a tree
- sign showing the moon
<h3>What is William Hogarth known for?</h3>
He is known for his series paintings based on the modern moral subjects which are sold as engravings on subscription.
On his 1754 engraving, the painting depicted a woman handing a candle to a man outside her window, sheep lined up and walking away, bird perched on a tree and a sign showing the moon hanging from the building.
Read more about William Hogarth
<em>brainly.com/question/18843793</em>
