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nydimaria [60]
3 years ago
14

The main economic basis of the empire of Mali was derived from the agricultural production of the rural areas. However, the main

economic activity that has been preserved in the record is of gold production. What accounts for this disparity?
Business
1 answer:
just olya [345]3 years ago
3 0

Answer:

Although traditional agricultural practices were and are still probably the most important economic activity of Mali, they are not able to produce on a large scale to be able to export.

On the other hand, gold is something that most foreign companies and governments want, so the rulers of Mali engaged in gold trade. Since writing was not common in local communities in Mali, a lot of the records and history of Mali was done by foreigners and their main interest was gold.  

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Select the best definition of labor productivity:
dimulka [17.4K]
<span>Labor productivity is the ability to earn the highest amount of profit for a company for an employees time. Such as a chef, cooking 10 meals in an hour will bring in 100 dollars for those 10 meals and only gets paid 10 dollars. His labor productivity is earning the company 90 dollars for his time.</span>
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Suppose that Portugal and Switzerland both produce fish and olives. Portugal's opportunity cost of producing a crate of olives i
Rashid [163]

Answer:

Portugal has comparative advantage in producing olives.

Switzerland has comparative advantage in producing fish.

Portugal can gain from trade if it receives more than 3 pounds of fish per crate of olives.

Switzerland can gain from trade if it receives more than 1/11 of olives for each pound of fish.

d. 18 pounds of fish per crate of olives.

Explanation:

Switzerland and Portugal both countries can produce Olives and fish. One country has advantage in producing fish while other has advantage in producing olives. Both countries can gain from trade if they find a intermediary way so that both countries can be in win win situation. It is beneficial for Portugal if it trades with Switzerland if it receives more than 3 pounds of fish.

4 0
3 years ago
1. Which of the following is NOT a general characteristic of a service? A. Production and consumption are simultaneous. B. The s
Snezhnost [94]

Answer:

B. The service can be transported

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Thus, the correct option is B. The service can be transported.

5 0
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When the 4th quarter futa tax is not at least $500,  the payment may be mailed at year-end with form 940.

<h3>What is tax?</h3>

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Learn more about tax, here:

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3 0
1 year ago
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Svetllana [295]

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