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konstantin123 [22]
3 years ago
13

Cindy runs 2 kilometers every morning. She takes 2 minutes for the first 250 meters, 4 minutes for the next 1,000 meters, 1 minu

te for the next 350 meters, and 3 minutes for the rest. Cindy’s average speed for the entire run is meters per minute. One kilometer is the same as 1,000 meters.
Advanced Placement (AP)
2 answers:
mars1129 [50]3 years ago
8 0
2 multiply 2=4 divide by 1 and then add 250+350 then divide that by 1,000 and u should get your answer

evablogger [386]3 years ago
4 0
At 250m, she has taken 2 minutes.
At 1,250m, she has been running for 6 minutes.
At 1600m, she has been running for 7 minutes, and then it takes her 3 minutes to finish,meaning it took her 10 minutes to run 2000m.

2000/10= 200.

Her average speed is 200 meters per minute.
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The following factors can increase the demand for labor:

  1. Decrease in price of labor (or wage rate);
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  3. Increase in the number of buyers of Labor
  4. Increase in the number of buyers of a product
  5. Availability of substitutes
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1. Decrease in price of labor (or wage rate): The price of labor is inversely related to the quantity of labor that is demanded at any time T (all other factors remaining constant). When the price of labor increases, just as with most commodities, (all other factors remaining constant, the quantity of labor demanded will fall). If however, the prices decreases, there is rea for the demand for labor to increase as owners of the factors of production will want to take advantage of cheap labor.

2. Increased Profitability of the Business

The demand for labor is by its nature a derived one. Businesses hire labor because there is work/business to be done. Business or work is related to the profitability of the same. If a business owner finds that their business is profitable and the demand for their products/services is increasing, they will invariably hire more workers. The obverse is also true. A non-performing business, financially speaking, will most likely shed its workforce thus decreasing its demand for labor in order to stay above the red line.

3. Increase in the number of buyers of a labor

As the market expands, and more players enter into a market, it is possible (all other factors remaining constant) for the increase in the demand for labor to increase.

If however, the players (that is employers in a particular market) are fewer in number then the demand for labor will be restricted.

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A market can be said to be expanding if the number of buyers for the products in that market is increasing.

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A) Oligopsony: A market where the buyers are few. A real-world example is the fast-food companies. In the United States, for example, Burger King, McDonalds, Wendys, etc are the major players who purchase huge amounts of beef from cattle ranchers. They are very few in number.

B) Monopsony: In this case, the market consists of only ONE buyer.

In the above-described markets, there can only a limited amount of demand for labor.

5. Availability of Substitutes

As technology begins to advance even far beyond the anticipation of humans everywhere in the world, the threat to the demand for labor seems imminent. Factors are begining to cut costs in the long run by replacing physical labor robots that are powered by Artificial Intelligence. This means they are able to get more work done with minimal downtime, minimal supervision, and minimal loss of productivity hours which normally arises with human labor.

6. Shortage of supply of labor

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If the productivity of labor increases, employers will place a higher demand on it.

The productivity of labor can be enhanced by the following:

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