1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MaRussiya [10]
3 years ago
14

In Maricaibo, incandescent lightbulbs are being replaced with fluorescent lightbulbs, which have fewer negative effects and many

more significant benefits. However, the energy efficiency of fluorescent lightbulbs has driven down the price of lightbulbs so significantly that incandescent lightbulbs can no longer compete. After six months, everybody has switched to the cheaper and better fluorescent lightbulbs. Assume that Spectacula consumes the same quantity of lightbulbs now as they did six months ago. Please select the choice that best describes the short‑run effects of this industrial change on Spectacula's GDP and its standard of living.
a. There is not enough information to answer the question.
b. GDP increases and standard of living decreases.
c. GDP and standard of living both decrease.
d. GDP decreases and standard of living increases.
e. GDP and standard of living both increase.
Business
2 answers:
Solnce55 [7]3 years ago
6 0

Answer:

Answer is c.

Explanation:

  1. In the short-run because of cheaper fluorescent lightbulbs at same quantity, GDP decreases. Because monetary value of all finished lightbulbs decreases.
  2. As we know that the generally accepted measure of the standard of living is GDP per capita. This is a nation's GDP divided by its population. So in the short-run as a result of GDP decreasing the standard of living also decreases.
Westkost [7]3 years ago
3 0

Answer:

d. GDP decreases and standard of living increases.

Explanation:

GDP Decreases because majority of the population switches to the cheaper option, which will lower the total market value and the GDP

Standard of Living increases because the population chooses the lightbulb that has more benefits and fewer negative effects on living.  

You might be interested in
If the exchange rate for buying Japanese Yen is 12 Yens per Dollar, how many
GuDViN [60]

Answer:

2,400 Yens

Explanation:

exchange rate for buying Japanese Yen is 12 Yens per Dollar

1 dollar : 12 Yens

how many Yens do you need to buy 200 Dollars for?

Let

x = number of Yens needed

200 dollars : x Yens

Equate the ratios to find x

1 dollar : 12 Yens = 200 dollars : x Yens

1/12 = 200/x

Cross product

1 * x = 12 * 200

x = 2,400

x = number of Yens needed = 2,400 Yens

7 0
3 years ago
5. If you enter a road from a driveway, alley or roadside you must:
8_murik_8 [283]

Answer:

If you enter a road from a driveway, alley or roadside you must:

Yield to vehicles already on the main road.

Explanation:

The concept of right to way is supposed to be understand since there are no law that actually grants the right of way since it only states when the right of way is to be yielded. This concept has to be considered and well understood by all motorists to avoid conflict on roads. These conflicts often cause accidents which can lead to possible loss of life. Thus the rules governing right of way have to be taken very seriously to minimize the probability of accident.

In the following cases the right of way has to be yielded;

1. When one is at a yield sign for example; a stop sign

2. At a pedestrian crosswalk

3. At intersections that don't have traffic lights or where there is uncontrolled movement

4. At T intersections where one has to yield to motorists already on the main road

5. When one needs to turn left into the main road, one needs to yield to oncoming vehicles on the main road

6. One one is moving from a parking lot to the pavement

In our case, rule number four applies since one needs to enter from a driveway alley or roadside to the main road. This means that one on the driveway needs to yield to vehicles already on the main road.

3 0
3 years ago
Read 2 more answers
What is the hypothetical economic and political system in which all people in society are socially equal?
creativ13 [48]
The answer is communism. It is a political and economic system derived from Karl Marx in which the main prolific resources in a society are possessed by the state and wealth is shared among citizens equally or according to an individual's need and each person is paid according to their skills and essentials.
3 0
3 years ago
Develop a realistic example in which you expect positive covariance​
AURORKA [14]

Answer:

Composure and time management

Explanation:

these are realistic goals that people can reach and will have a positive outcome (do you mind following)

3 0
3 years ago
What happens when a bond becomes due?
katen-ka-za [31]
<span>When you buy a bond, you're lending your money to a company or a government (the bond issuer) for a set period of time (the term). The term can be anywhere from a year or less to as long as 30 years. In return, the issuer pays you interest. On the date the bond becomes due (the maturity date), the issuer is supposed to pay back the face value of the bond to you in full.</span>
6 0
4 years ago
Read 2 more answers
Other questions:
  • the following are characteristics shared by both for-profit and not-for-profit corporations EXCEPT ________.
    10·1 answer
  • You believe you will need to have saved $590,000 by the time you retire in 30 years in order to live comfortably. If the interes
    7·2 answers
  • Identical products, as well as a large number of buyers and sellers, are characteristics of a market. In such markets, sellers o
    5·1 answer
  • Oriole Corp. is a fast-growing company whose management expects it to grow at a rate of 24 percent over the next two years and t
    6·1 answer
  • DTO, Inc., has sales of $24 million, total assets of $21.1 million, and total debt of $8.2 million. Assume the profit margin is
    15·1 answer
  • [The following information applies to the questions displayed below.]
    9·1 answer
  • The employer mandate of the PPACA requires that :_______
    10·1 answer
  • Theories aim to _____________.
    6·1 answer
  • What is the importance of the Transportation sector in the Tourism Industry and it's impact to other industries ?
    5·1 answer
  • although almost everyone advocates a balanced budget, every spending program and tax break is defended by organized beneficiarie
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!