Answer:
greater than; less than
Explanation:
Before the development of new fracking technology, the opportunity cost of producing oil in the United States was greater than the world market price. After the development of new fracking technology, the opportunity cost of producing oil in the United States is less than the world market price.
Answer:
69.17%
Explanation:
The capacity utilization rate measures how much actual output is being produced compared to the maximum output capability of the factory or machine, or in this case, the most efficient output.
It is calculated by dividing current output by maximum possible output = 13,280 units / 19,200 units = 0.6917 x 100 = 69.17%. It is generally shown as a percentage.
In this case, we are not using the total potential output (23,000 units) because the most efficient level is lower (19,200 units) and should generate higher profits.
Answer:
Agents and brokers
Explanation:
Agents and brokers connect buyers and sellers. They are contracted by either sellers or buyers to help them increase sales or find items to buy. Agents and brokers act on behalf of their clients.
Wholesalers and retailers take ownership of the goods they sell. They first buy the goods, which gives them title to the goods before selling to retailers or consumers. Agent and brokers do not buy goods. They look for buyers or sellers for their clients' merchandise.
Answer:
C. Computer assembly
Explanation:
Economic base refers to the potential for a city to grow or it's susceptibility to decline which is defined by a set of economic activities that city provides for the world beyond its geographical boundary. Given the following options, computer assembly seems to the least likely to be considered as high impact for either the economic base to grow or to decline. Computer assembly is a large part of a technician job that just involves assembly of computer parts.
Fixed interest rates and income-driven repayment plans. Hope it helps.
