When skilled labor is plentiful, plenty of land is available, and there is an abundance of building materials. What usually happens is an increase in the construction of buildings.
<h3>What is skilled labor?</h3>
This is one of the factors of production. It is the manpower and the physical strength that is needed in the production of goods and services.
When it is in abundance as well as other factors, people would build more house and other forms of construction.
When skilled labor is plentiful and the amount that is paid for labor is fair, more people would be willing to build houses and engage in other forms of construction
Read more on skilled labor here; brainly.com/question/19792799
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Answer:
option (2)
Explanation:
That's right, but what if all $ 10,000 was invested in a company and it didn't come out much? The probability of earning an extraordinary income increases. It is also dangerous. This is because there is a 50% probability that the company will perform better. Therefore it is advisable to invest 1,000 companies in ten companies. Thereby reducing the risk. Well, diversification not only reduces risk but also increases the chances of profit.
Answer:
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Explanation:
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