Answer:
When government gives money to a college student this is an example of a consumer subsidy.
Explanation:
A government performs different roles in the economy of a company to ensure that income and resources are equally distributed to various people in the country. For example, the government utilizes economic policies to ensure that economically vulnerable groups in the society are given a chance towards economic growth by providing them with subsidies and low-cost loans, housing and healthcare to ensure that they have a chance at growing economically. Another way the government distributes income and resources is by providing tax cuts to the poor or those with low income while at the same time increasing taxes to the rich and wealthy. Examples of vulnerable groups in the society are; the poor, people with low income, the unemployed, people of old age, and the youth and children.
In our case,we will consider consumer subsidy. Consumer subsidy is the act of providing benefits to a certain group in the society. The benefits can be in the form of; tax cuts and cash payments to that particular group or individual. An example is the government giving money to a college student in the form of consumer subsidy. College fees is usually very high and cannot be afforded by most students, government subsidies assist these students to go to college.
Answer:
Diminishing returns
Explanation:
A firm producing widgets (term for a generic good) has two factors of production.
The factory and labour. The capacity of the factory is fixed, and the marginal cost
(MC) of labour is the same (i.e. each new worker will cost the same).
There are two stages to how MC is affected.
1. Increasing returns (MC goes down)
As output begins to increase, the large manufacturing processes/equipment still not fully utilised means and the additional labour can be productive as they can always use the equipment to its full potential due to which the MC is relatively low.
2. Constant returns (MC goes sideward)
At this point, labour is producing its optimal output per unit. The marginal cost is therefore at its lowest.
3. Diminishing returns (MC goes up)
The more labour that is employed, the less marginal output it is able to produce. This could be a result of too many people to efficiently operate/ rotate use of machinery. The cost increases more and more to generate an extra unit of output, because of labour exhibiting diminishing returns in the short run.
In this question, the 10th worker has added 22 units which is 3 units less than the number of units added by the 9th worker, thus the company is producing less marginal output for each worker. so based on the above discussion it can be concluded that the company has Diminishing returns.
Explanation:
An organization to be successful in the long term and competitive in the market, needs financial capital to carry out its activities, for this they open the company's capital to investors, who are the capital holders willing to inject capital into the company and receive dividends business, thus becoming a partner of that company.
It is essential that companies attract investors willing to inject a large amount into the business, as this benefits both, since a company with larger amounts of assets will produce more, have its obligations up to date and remain better positioned in the market.
To attract investors to a company, it is necessary that the company has a good reputation in the market and there is a favorable negotiation process, where there is a demonstration of results and the opportunity that the investor will have to invest his money in an organization that will generate profits.
Cause: human capital investment, physical capital investment
Effects: improvement in living standards, social and community development
<h3>What does Economic growth indicate?</h3>
Economic growth rates indicate how quickly the economy is expanding and are calculated by comparing the economic output (measured as the Gross Domestic Product or GDP) of two successive periods.
<h3>What are the effects of Economic growth?</h3>
- A greater variety of goods and services are now available and ready for consumption in the country.
- High employment levels are required because workers are required to manufacture such a large quantity of goods and services. Employment figures have risen in tandem with GDP growth.
- More employment boosts aggregate demand and generates additional growth as businesses continue to try to meet all demand.
- As demand rises, prices are likely to rise as well, so economic growth would raise the inflation rate.
- Increased productivity and the adoption of new technologies ma
To learn more about Gross Domestic Product or GDP from the given link
brainly.com/question/3200071
#SPJ4
x = -17/2 or (decimal form) -8.5
Hope that helps!
