When you say physical capital, it refers to the additional machinery, building, space etc.
Therefore an example of changing physical capital is B. Building extra space in the factory. By doing this, you are adding additional physical location in where your employee or worker can work.
Answer:
TRUE
Explanation:
The Coase theorem states that when transaction cost are low, two parties will be able to bargain and reach an efficient outcome in the presence of an externality.
The Coase Theorem also states that when conflicting property rights occur, bargaining between the parties involved will lead to an efficient outcome regardless of which party is ultimately awarded the property rights, as long as the transaction costs associated with bargaining are negligible. If trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property rights.
In Dalia Kirschbaum work, she uses weather data collected by NASA satellites to study landslides events.
landslides
<u>Explanation:</u>
Dalia Kirschbaum is an examination researcher who the two investigations avalanches and assists with organizing the calamity reaction when one happens. She utilizes climate information gathered by NASA satellites to contemplate avalanches occasions.
She is the GPM Applications Scientist, implying that she conveys the science and the information that she get from the GPM crucial people in general and end-clients. Dalia Kirschbaum experienced childhood in Minnesota, and she chose to seek after a zone where there truly was an absence of research.
Understanding avalanches with regards to remote detecting is quite new. We are as yet making sense of how to move toward displaying avalanche action and applying the remote detecting information NASA and different organizations gather at a bigger spatial scale.
They come late - without any notification, usually not nice. they delay, or corruption.
Hello. This question is incomplete. The full question is:
"Technological improvements and reduced equipment costs have made converting solar energy directly into electricity far more cost-efficient in the last decade. However, the threshold of economic viability for solar power (that is, the price per barrel to which oil would have to rise in order for new solar power plants to be more economical than new oil-fired power plants) is unchanged at thirty-five dollars. Which of the following, if true, does most to help explain why the increased cost-efficiency of solar power has not decreased its threshold of economic viability?
(A) The cost of oil has fallen dramatically. (B) The reduction in the cost of solar-power equipment has occurred despite increased raw material costs for that equipment. (C) Technological changes have increased the efficiency of oil-fired power plants. (D) Most electricity is generated by coal-fired or nuclear, rather than oil-fired, power plants. (E) When the price of oil increases, reserves of oil not previously worth exploiting become economically viable."
Answer:
(C) Technological changes have increased the efficiency of oil-fired power plants.
Explanation:
Economic viability is able to reveal the degree of acceptance of consumers in relation to a specific product. This viability is important to understand how the product will be received in the market and how profitable or not it can be for those who produce it.
Economic viability is usually greater when the cost and benefit ratio of the product or service is favorable, however this is not always the case.
Regarding the use of solar energy, although technological changes have made the installation and equipment of this type of energy more cost-effective, these technological changes have also increased the efficiency of oil plants. As a result, the economic viability of solar energy has declined.
