Answer:
Mexico's crude oil exports to primary customer, the U.S., have been plummeting. From 2006-2018, shipments to the U.S. fell 60 percent to 720,000 b/d. After lengthy delays, Mexico in 2013 critically passed its Energy Reform to bring in outside investment and expertise to help production rebound.
Explanation:
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Answer:
a) Malthus ignored other factors like technological change.
Explanation:
Thomas Malthus (1766-1834) was an English cleric and a scholar, most known for his demographics theory. He is an author of <em>An Essay on the Principle of Population</em>, where he observed that increasing production of food resulted in improved well-being of the population, but this was temporary because it led to a population growth. Larger population led to the restoration of original production per capita.
He was mainly wrong because he did not account for improvement in technology of production. Development and widespread use of technology meant that it is not needed to use the same amount of energy to produce goods. Production increased much faster than the increase of population, which resulted in a failure of his theory.
Answer:
Through regulation, taxation, subsidies and enforcing the antitrust laws.
Explanation:
According to Samuelson and other modern economists, governments have four main functions in a market economy — to increase efficiency, to provide infrastructure, to promote equity, and to foster macroeconomic stability and growth.
The government tries to combat market inequities through regulation, taxation, and subsidies.
Examples of this include breaking up monopolies and regulating negative externalities like pollution. Governments may sometimes intervene in markets to promote other goals, such as national unity and advancement.
One way we do this is by enforcing the antitrust laws. ... But competition can only thrive if firms respect the antitrust laws, which are the rules of the free market. When businesses break those rules—such as by agreeing to fix prices—they effectively steal from consumers and harm the economy.
Shards from the Olive Jar
Here is the full question <span>A plane has 360 total seats, which are divided into economy class and business class. For every 13 seats in economy class, there are 5 seats in business class.
How many seats are there in each class?
Total seats in economy class : 13
Total seats in business class 5
________ +
18
260/18 = 14 8/18
Total seats:
(14 x 13 Economy) + (14 x 5 business) + (8 Business)
= 182 Economy + 70 Business + 8 Economy
= 190 Economy + 70 Business</span>
