Amazon is widely believed to be leading the pack in developing this technology Move comes as Google and Amazon are devising an air traffic control system. Amazon is already experimenting with drone delivery (Prime Air), and has made successful deliveries to consumers within 13 minutes of their click-to-order. While the regulatory environment doesn’t yet support widespread drone delivery, experts believe it won't be for long.
Answer:
The average cost at a caseload of 25 attempted placements per month is 105.
Explanation:
The total cost function given in the question first correctly stated as follows:
TC = 25Q^1/2 + 2,500 ................ (1)
A caseload of 25 attempted placements implies that:
Q = 25
Substitute Q = 25 into equation (1), we have:
TC = (25 * 25^(1/2)) + 2,500 = 2,625
The average cost (AC) can now be calculated as follows:
AC = TC / Q = 2,625 / 25 = 105
Therefore, the average cost at a caseload of 25 attempted placements per month is 105.
Answer:Christopher Columbus is credited with discovering the Americas in 1492.
Explanation:
Five hundred years before Columbus, a daring band of Vikings led by Leif Eriksson set foot in North America and established a settlement. And long before that, some scholars say, the Americas seem to have been visited by seafaring travelers from China, and possibly by visitors from Africa and even Ice Age Europ
Answer:
The correct answer is: increase relative to Industry B.
Explanation:
The marginal revenue product measures the conribution of each additional unit of input employed in the production process. It is calculated as the product of price of product and marginal product of input.
The profit maximizing level of wage is when the marginal revenue product of labor is equal to wages.
Suppose there are two goods, A and B respectively.
When the price of good A increases relative to good B, the marginal revenue product of labor employed in production of good B will increase as well.
This will cause the wage rate of those workers to increase in comparison to workers in industry B.
