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Gwar [14]
4 years ago
8

How do economists sometimes measure physical capital in a country?

Business
1 answer:
Oksanka [162]4 years ago
4 0
Economists can measure physical capital in a country by unconventionally assessing the size of the employed population and their level of education which though not necessarily a conventional type of physical capital still it is essential to activate the inanimate physical capital. Conventional physical capital could be natural resources like forests, mineral deposits, and fisheries but more likely would mainly include man-made machines like tractors for farms, trucks for trucking produce, trains, factories, mine buildings and crushers etc.
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Answer:

The answer is explained below

Explanation:

When a firm increases the average wage rate, the firm would employ fewer workers causing a movement up along the demand curve and a shift to the left of the labor demand curve. As wage increase, the firm production will reduce because of a decrease in number of staffs, the causes the number of machines needed for production to reduce causing the marginal product of labor to shift to the left. The labor demand is further reduced, the firm then employ less labor at a higher wage.

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3 years ago
Why do entrepreneurs try to start businesses or develop new products? Are they more likely to succeed or fail?​
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Answer:

it depends on the person what is he/she selling?

Explanation:

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4 years ago
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Answer:

Option(b) is the correct answer to the given question

Explanation:

The main objective of the first amendment says that freedom and rights regarding to the correct to the protest, religious faith, appearance as well as assembly.This law is all about the freedom to all the region of the person .

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3 years ago
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The correct answer is letter "D": analyzing competitors’ pricing.

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Administrative, Managerial, or Top Level of Management.

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