Labor Productivity will increase keeping the technology constant.
The technology remaining constant with an increase in capital increases the production process keeping in mind the capital per hour worked.
The labor productivity ratio ratio is closely related to the production process in the firm. Capital per hour means the production per unit done by the labor with the available capital.
Technology is only a part of the production cost and all other phenomenon like marginal cost, total revenue are the main parts of the production process worked.
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Answer:
Explanation:
From the information given:
So, Income elasticity =
= 1.45 which is greater than 1
It is positive → i.e. Normal good
The cross elasticity =
= 0.0049 which is greater than 0
It is positive → hence they are substituents.
Answer:
1. Lending to people of poor credit history
2. Yes
Explanation:
1. What is a "subprime mortgage,"
<em>Subprime mortgages by definition is the act of lending money to people of poor credit history or bad credit rating.</em>
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2. Would a subprime borrower be likely to pay a higher or a lower interest rate than a borrower with a better credit history?
Just like the name suggests, subprime will mean lending at a rate higher than the prime rate which means they pay higher interest rates because the fact that they have poor credit ratings or history means that they are more likely to default,
It is hence logical that since the risk of lending to them is higher, they need to compensate for that by paying a higher interest rate.
This is secondary appraisal.
Primary appraisal is deciding the significance/importance of an event to your life, and secondary appraisal is considering how to cope with or take advantage of the situation.
Answer:
This would be considered permissible corporate political speech.
Explanation:
In Citizens United v. FEC, the Supreme Court basically eliminated any limits on how much money corporations can spend in order to support or attack political candidates. Citizens United is a nonprofit organization that spent a lot of money supporting candidates, what we currently know as a Super PAC. Super PAC's do not have a limit on how much money they can collect and spend supporting candidates. As long as Blue Marbles doesn't coordinate their activities with any political candidate, they are allowed to support or attack anyone.