Answer:
In that country, the productivity of the average worker
- C) increased by 6.25 percent between 1998 and 2008.
Which of the following statements best describes the scenario?
- A) This is a common occurrence. The policymaker knows the best policy but chooses not to institute it for other reasons.
Explanation:
worker productivity in 1998 = 40 units / 25 hours = 1.6 units per hour
worker productivity in 2008 = 68 units / 40 hours = 1.7 units per hour
therefore, worker productivity increased by (1.7 - 1.6) / 1.6 = 0.0625 or 6.25%
Regarding the second question, this happens all the time. Politicians live in an alternate reality world, they choose to believe that their ideas are facts and that everyone else doesn't know better about any topic in the world. And this doesn't only happen to Trump, it happens everywhere and in every single country.
The cheap foreign labor argument for protectionism refers to a lower wage often earned by many foreign workers.
Hope this helps :)
Answer:
$94,000
Explanation:
A local hardware store has explicit cost of $2 million per year
The implicit costs are $44,000 per year
The store earned an economic profit of $50,000 last year
Therefore, the store's accounting profit can be calculated as follows
Accounting profit = Implicit costs + economic profit
= $44,000 + $50,000
= $94,000
Hence the store's accounting profit is $94,000
That is true. Good luck on your future endeavors.
List QuickBooks task stores information about customers, vendors, employees, services, and more.
vendors:
- A vendor, sometimes referred to as a supplier, is a person or business that sells goods or services to another party in the chain of economic production.
- A vendor is an individual or company that buys products and services from distributors and resells them to customers or other companies. Manufacturers, wholesalers, retailers, service and maintenance companies, independent vendors, and trade show representatives make up the five different categories of vendors.
- A vendor is a person, group of people, or other legal entity who produces things or sells services to customers or other business owners (often under a business name). The vendor is not need to be a manufacturer and need not produce their own items.
Learn more about vendors here brainly.com/question/24852211
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