The correct one is c as a portfolio helps u to see ur achievements
Answer:A) Research about aptitude testing.
Explanation: The United States of America through its Department of Education uses Subparts to ensure protection of children and minors used or engaged in research by researchers, it gives certain exemptions especially as it is seen in SubpartD which gives exemptions for the use of children in research that concerns education tests such as RESEARCH ABOUT APTITUDE TESTING.
Answer:
The correct answer to the following question is that the MRP for the 1st worker - $240 , 2nd worker - $174 , for 3rd worker - $120, 4th worker - $75 and for the 5th worker is $36 .
Explanation:
It is given that for a monopoly firm, the 1st unit it sells each day is for $50 and for each second it is $49 and so on . Also the first worker hired will produce 5 units a day, second would produce 4 units a day and so on.
So for finding the MRP - Change in revenue / Change in labor
1 st worker - $50 + $49 + $48 + $47 + $46 / $1
= $240
2nd worker - $45 + $44 + $43 + $42 / $1
= $174
3 rd worker - $41 + $40 + $39 / $1
= $120
4th worker - $38 + $37 / $1
= $75
5th worker - $36
Answer:
The correct answer is option D.
Explanation:
The law of demand states that keeping other things constant there is an inverse relationship between quantity demanded and price.
According to the law of increasing marginal opportunity cost with each additional output the marginal opportunity cost to produce next unit of output increases.
While the law of supply states that keeping other things constant there is a direct relationship between price and quantity supplied.
According to the law of diminishing marginal utility, the marginal utility derived from the consumption of each additional unit of good keeps declining as more and more unit of goods is consumed.
So, option D is the correct answer.
Answer:
Option (a) is correct.
Explanation:
France can produce four phones or three computers:
Opportunity cost of producing one phone = (3 ÷ 4)
= 0.75 computers
Opportunity cost of producing one computer = (4 ÷ 3)
= 1.33 phones
Sweden can produce one phone or two computers:
Opportunity cost of producing one phone = (2 ÷ 1)
= 2 computers
Opportunity cost of producing one computer = (1 ÷ 2)
= 0.5 phones
Therefore,
France has a comparative advantage in producing phones because of the lower opportunity cost of producing it than Sweden. France should specialize in producing phones and import computers from Sweden.
Sweden has a comparative advantage in producing computers because of the lower opportunity cost of producing it than France. Sweden should specialize in producing computers and import phones from France.
