Total income is the money earned from all producers in a country.
Yes, this makes Mexican workers more cost-effective than U.S. workers, keeping other things constant.
<u>Explanation:</u>
Minimum wage is the amount of money that an employee will get from his employer for working for an hour. This adds up to the total cost of the goods produced by the workers.
If the minimum wage of the workers in Mexico is less than the minimum wage received by the workers in the United States, it means that they are more cost effective and will lead to the production of the goods at a cheaper rate, keeping other things constant in the production process.
Answer:
1.The main idea of the text is to inform the reader of the circumstances leading to the formation of the Roman Republic and how it was run.
2. Details from the text to support this include;
a. "After the Roman people and the senate revolted and expelled Tarquin from the city, they formed a new government without a King in 509 BC".
b. "Under the Roman Republic, the government of Rome was ruled by two elected leaders called consuls."
Explanation:
The main idea of a text is the primary message that the speaker wishes to convey. In the passage above, the reader is informed of the main factor that prompted the formation of the Roman Republic. This Republic was formed after Tarquin was expelled from the city. The reader is also given some information on how this Republic was run.
Two leaders known as consuls ruled the city for a year after which they were advised by the Senate. These two pieces of information form the main idea of the text.
<span>It was important because it sped up the delivery of goods
services to the public. Communication
improved making clear what was needed and that people understood each other
better. Inventions like the automobile,
steam engine boat and later planes made it faster to transport these goods and
products faster. Inventions like the
telephone also enabled to directly communicate with each other at a faster
pace. Today transportation of goods and
services are more advanced than they were with planes travelling from country
to country and the use of the internet and mobile devices have imporved communication
between buyer and seller.</span>
An illustration of a sound general business philosophy is to prioritize the triple bottom line by acting ethically toward the organization's stakeholders and the environment.
<h3>
What are the objectives of the triple bottom line?</h3>
TBL is devoted to concentrating on the following strategic goals:
To work together on the government's national five-year development plans (FYDP III) with other stakeholders to promote an environment that is conducive to socio-economic growth.
Five Essential Business Rules:
- Leadership
- Perception
- Vision
- Reputation
- Consistency
Hence, The triple bottom line hypothesis broadens the definition of business success indicators to take into account contributions to social, economic, and environmental well-being.
Learn more about the triple bottom line:
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