Answer:
Florida citrus growers say that the recent crackdown on illegal immigration is increasing the market wage rates necessary to get their oranges picked. Some are turning to $100,000 to $300,000 mechanical harvesting machines known as “trunk, shake, and catch” pickers, which vigorously shake oranges from the trees. If widely adopted, how will this substitution affect the demand for human orange pickers? What does that imply about the relative strengths of the substitution and output effects? LO2
The effect of the adoption of the mechanical pickers will be to decrease the demand for human pickers. If this occurs, the substitution effect will have been greater than the output effect.
Explanation:
Answer:
2.58%
Explanation:
holding period return (HPR) = [(ending value - initial value) + dividends received] / initial value
- initial value of Petter's portfolio = (100 x $62.85) + (100 x $121.15) = $18,400
- ending value = (100 x $59.80) + (100 x $127.35) = $18,715
- dividends received = 100 x $1.60 = $160
HPR = [($18,715 - $18,400) + $160] / $18,400 = $475 / $18,400 = 0.0258 = 2.58%
Answer:
Increase.
Explanation:
The question above refers to auto insurance premium, which is a system that, through a monthly payment, allows an insurer to provide financial support to car owners as a form of security in case of accidents or injuries during driving. .
Many people do not know, however, under contracts with car insurers, smaller deductibles cause the premium to increase, making the individual responsible for insurance need to pay a higher monthly amount. A higher deductible, on the other hand, would reduce the value of the premium. In this case, we can say that if Deon chooses a lower deductible, he will have the high premium.
a. Single-period inventory model
In this model, inventory is ordered once at the beginning of the period, not replenished during the period, and anything left over at the end is scrapped.
Occupational education refers to a total program of education oriented to the world of work. Occupational education should be gin to take form in the elementary school with a basic introduction to the world of work in terms appropriate to the maturity level of the students.
