Answer:
The answer is 3. Quantity of output is higher that it was previously
Explanation:
A perfectly competitive firm acts as a price taker, so its calculation of total revenue is made by taking the given market price and multiplying it by the quantity of output that the firms chooses.
Answer:
Station 1 is a bottleneck station because the processing time taken to process the product in such station is 9 minute when compared with Station 2 and Station 3
Explanation:
Station 1 = Processing time is 9 minutes
Station 2 = Processing time is 5 minutes per unit (15 minutes / 3 machines)
Station 3 = Processing time is 7 minutes
Thus, the Station 1 is the bottleneck station with a bottleneck time of 9 minutes per unit.
Answer:
Explanation:
A choke Packet is used in network management that can be sent from router to the sender node when there is a congestion over the network.
Source node by a direct route labelled by router forcing it to decrease its output rate and source node acknowledge it and reduce its output rate to some extent.
1. According to DeSoto, 3rd world countries like South America, which have capitalist economies but are not getting rich due to political crises and dictatorships.
2. The author also argues that more efforts is needed than just adopting the capitalist regime, it is essential to develop the system through strategic actions that guarantee ROL, and economic growth measures.
3. China has a Communist party with capitalist characteristics, for example, with the opening of the Chinese market, which constituted a great and rapid development in the productive and industrial system of the country.
<h3 /><h3>What is the capitalist system?</h3>
It is an economic system whose focus is an accumulation of wealth and profitability through private property and the means of production. It is based on the free market with less state intervention.
Therefore, the author argues in favor of capitalism and its positive characteristics for the economy, politics and society as a whole.
Find out more about capitalism here:
brainly.com/question/25879591
Answer:
Total Amount after 2 years = $13196.8
Explanation:
Data Given:
Amount of savings per year = $6400
Interest rate = 6.2%
Find Total Amount in account after 2 year:
Solution:
Lets consider it step by step.
Amount of money deposited in account after 1 year = $6400
After 2 years, we earn 6.2% interest on $6400,which is:
So, after 2 years, BEFORE the 2nd deposit, we have $6400 + $396.8 = $6796.8 in the account.
AFTER 2nd deposit of $6400, total amount we have in account is:
Total Amount = $6796.8 + $6400 = $13196.8
