Answer:
Three years later, John and Arthur Shofield, who also came from England, built the first factory to manufacture woolens in Massachusetts. From these humble beginnings to the time of the Civil War there were over two million spindles in over 1200 cotton factories and 1500 woolen factories in the United States.
Explanation:
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Answer:
India and Japan, two of the largest and oldest democracies in Asia, having a high degree of congruence of political, economic and strategic interests, view each other as partners that have responsibility for, and are capable of, responding to global and regional challenges.
Explanation:
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The one that describes a type of tax that funds city programs is : C. Local income tax
Fourteen states and Washington DC allowed their cities to create their own regulation regarding local income tax, which they could use to funds several city programs such as park maintenance, building public benches, etc
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Question:
Suppose the government has imposed a price ceiling on cellular phones. Which of the following events could transform the price ceiling from one that is binding to one that is not binding? a. Cellular phones become more popular. b. Traditional land line phones become more expensive. C. The components used to produce cellular phones become more expensive. @ A technological advance makes cellular phone production less expensive.
Answer:
.A technological advance makes cellular phone production less expensive.
Explanation:
Government could in consideration of the product's lower production cost, opt to adjust the price ceiling.
What's the rationale behind this?
The decrease in production cost for cellular phones means the industry can afford to produce and sell at lower price(maybe even lower) than the price ceiling. This would mean that businesses in this industry may be charging incredibly high prices compared to cost of production and still not hit price ceiling. Therefore government may need to lower price ceiling to suit current cost of production.
