Answer: Option D
Explanation: A design of mathematical optimization consists of an objective function and a set of constraints in the form of an equation or inequality scheme. Optimization models are commonly used in virtually all policy areas, such as engineering design and choice of financial portfolios.
Such models are used by organisations as they give near to accurate results which are based on the foretasted input data. Thus, from the above we can conclude that the correct option is D .
Answer:
Explanation:
1. Kyoko gets a new video camera made in the United States: included in Consumption (C) account of the GDP
2.Jacques buys a bottle of Italian wine: included in Imports (M) account of the GDP because it is consumed in U.S soil but not produced there.
3.The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore: included in government purchases (G) account of the GDP because repaves are paid by the state of Pennsylvania.
4.Kyoko's father in Sweden orders a bottle of Vermont maple syrup from the producer's website: included in exports (X) account of the GDP because it produced in the U.S soil.
5. Jacques's employer upgrades all of its computer systems using U.S.-made parts: included in the Investment (I) account of the GDP because it is capital expenditure.
Answer:
Unemployment is typically short-term because workers are usually able to apply their skills learned at one job to another job quite easily. However, this is not always the case due to structural unemployment, which can lead to discouraged workers.
Explanation:
Answer:
Lies below its demand curve and is steeper than its demand curve.
Explanation:
The marginal revenue curve for a monopolist lies below the demand curve because of the quantity effect. The quantity effect refers to the fact that even a monopolist must lower its price if it wants to sell a larger quantity of goods or services.
The slope of the marginal revenue curve is steeper than the demand curve because it reflects the market power of the monopolist. Instead, the marginal revenue curve for a perfectly competitive firm (with 0 market power) is horizontal or perfectly elastic.
