Answer:
a) the demand curve for freeway space shifts leftward.
Explanation:
If more people join the carpools, there will be less car on the roads since they travel together, so less freeway space needed. Because the situation is not the change in price, at the certain level of price, people need less freeway space. Thus, the demand curve for freeway space shifts leftward.
Answer:
a. Lockheed Martin is a government contractor
b. Amtrak is a government corporation
Explanation:
a. Lock heed Martin as a Government Contractor
A government contractor is a company that does contracts predominantly supplied by the government. The contracts are financed by the government mostly from tax collection. These contracts vary in type whether it is defense or any other type of contract for that matter.
In the case of Lockheed Martin, this is a defense contractor that has been listed as one of the biggest government contractors over the years. It also has worldwide interest in aerospace and advanced technologies. This company was formed as a result of a merger between Lockheed Corporation and Martin Marietta on the March of 1995.
b. Amtrak as a government corporation
From these information it can be concluded that a government contractor is in most cases is a private company that bids for tenders from the government. The bidding process is usually open to all qualified companies. After thorough assessment of these bids, the government awards the contract to the most qualified company. In the case of Lockheed Martin, the government usually requires a specialized skills in aerospace, and defense.
A government corporation on the other hand is a huge company that is there majorly for the interest of the public. It is usually partly owned by the government therefor receives a combination of state and federal subsidies. It is also usually for non-profit purposes since it is formed for the benefit of the public. The National Railroad Passenger Corporation which does it's business with the name Amtrak is a railway corporation formed in 1971 and is partly owned by the government. It provides railway services of transporting people and goods connecting many states. It therefor serves as a government corporation.
Answer:
D) a transnational strategy
Explanation:
From the description, Devonshire Ventures seems to be seeking a balance between local responsiveness and global integration hence said to use a transnational strategy. Another reason is because their operations and communication are between borders and beyond geographical boundaries so that each division can learn from each other globally.
The answer is D. An increased interest rate.
The bank will increase the interest rates on loans to get a return on their expenses.
