<u>Explanation:</u>
The four factors which affect the geographical mobility of labor are as follows:
Educational facilities: When enough facilities are not available for the labor to educate themselves in their location.
Social capital: it refers to the relationship between the people in and around the place with whom the labor network. Some society does not accept outsiders to work along with them.
Language : language is a barrier for the labor to adopt to. Living in an area with unknown language makes life complicated.
Information: Labor do not have any data about the local area where they move to which makes it difficult to live in new area.
Family: The family ties of the labor restricts the labor to move to new location.
Answer:
Explanation:
Don't worry he will become successful.
Answer:
the maximum profit is $7,500
Explanation:
The computation of the maximum profit is shown below:
= Mean demand × (price - cost )
= 500 × ($25 - $10)
= 500 × $15
= $7,500
hence, the maximum profit is $7,500
We simply applied the above formula so that the correct value could come
Answer:
Such potential sources include "Personal savings, loans, as well as investors".
Explanation:
- Whether you should be looking for financial resources for something like a working relationship or perhaps a singular commercial enterprise, acknowledging the positives and negatives of those same possibilities, and even some of their network requirements, would then make the best possible financial decisions.
- Friends, close relatives as well as work colleagues throughout your community are indeed possible sources of wealth management.
Answer:
c. Fixed Cost = $300
Explanation:
Because marginal cost is constant we can find the variable cost per unit and then subtract the total variable cost from the total cost in order to find the fixed cost. The firms total cost increase $300 (from 1500 to 1800) when output increases by 10 units (from 40 to 50), so the variable cost per unit is 300/10=30.
Now to calculate the total variable cost we will multiply variable cost per unit by the number of units.
50*30= 1500
Now we will subtract 1500 from 1800 in order to find the fixed cost.
1800-1500=300
Fixed cost is $300.