<span>A. </span>True. Based on the history of marijuana and other cannabis products, Marijuana was the number-one
cash crop in the united states prior to 1890. Marijuana is a depressant and does not contain nicotine. It is a schedule I controlled substance,
according to U.S. federal regulations where there is approximately 77%
of illicit drug users smoke marijuana. The use of marijuana for medicinal
purposes is illegal in the U.S but legal in Canada. The "reverse
tolerance" turns out to be due to variations in the manner in which the drug is ingested is one of the long-term effect of
Marijuana.
Answer:
with the third doubling, the AVC = $9.11 per unit
Explanation:
The average variable cost (AVC) decreases by 10% with each doubling of cumulative output:
<u>Production level in units</u> <u>AVC per unit</u>
1,000 $12.50 per unit
2,000 $11.25 per unit
3,000 $10.13 per unit
4,000 $9.11 per unit
Answer:
All of the above are true.
Explanation:
The law of diminishing returns was first formulated by the classic economist David Ricardo. It presupposes a technical relationship between input and output, which is not scientifically demonstrable but only empirically. In practice, in a generic production system, at any contribution of any factor, that is, land, labor, capital, machines, etc. there is no proportionally increasing production increase.
Normally it is assumed that the law does not always come into operation but only when the variable input exceeds a certain threshold. For example, the increase of workers on an assembly line certainly allows a proportional increase in production, but only until the entire system begins to suffer from malfunctions due to logistics or work organization, precisely because of the its getting bigger. Large industrial plants have shown that they must be divided into sections, however coordinated, precisely because of the decreasing returns. This is because the increase in the number of workers and the mass of the plants does not correspond to a consequent increase in production.
Answer:
4. The demand for gasoline-powered automobiles would increase and the equilibrium price of gasoline-powered automobiles would increase.
Explanation:
Substitute goods are goods that can be used in place of each other.
If the price of electric automobiles rises, the automobile becomes more expensive for consumers. Consumers would reduce the quantity demanded of the electric automobile and shift its demand to gas powered automobiles.
As a result, the demand for gas automobiles increases and the equilibrium price would increase too.
I hope my answer helps you
Hello Vivianaguevara1,
This question can be sort of hard to answer but I can give some tips.
1.) Color code: Try color coded binders
2.) Buy a multi subject notebook
3.) Challenge yourself: Give yourself incentive to stay organized
~Naterator
Please Rate and Thank If This Helped <3
