The following factor is impending economic growth in India:
A. Poor infrastructure
Even though India has enjoyed many recent economic gains, poor infrastructure in the country is one of the main factors hindering economic growth. India has been slow to improve on roads, commercial and residential architecture/buildings, and basic power/electricity.
The correct answer is B.
<u>Therefore the appropiate null and alternative hypothesis are the following:</u>
. H 0 : p 1 = p 2
H 1 : p 1 ≠ p 2
The aim of the test would be to conclude whether H0 should be rejected or not at a 10% significance level.
<u>In this case a billateral significance test needs to be conducted,</u> as such a test consists on testing the equality of the test value with a given value. In this case the H0 would be rejected if the test value is significanly different, both in the case that it is superior or inferior.
On the contrary, an unilateral significance test would have been conducted if aiming to check whether a value is superior or equal to the test value (left unilateral) or inferior or equal to this value (right unilateral).
Then, the result of the test is the one stated: rejecting H0 at the 10% significance level.
Question:
Suppose the government has imposed a price ceiling on cellular phones. Which of the following events could transform the price ceiling from one that is binding to one that is not binding? a. Cellular phones become more popular. b. Traditional land line phones become more expensive. C. The components used to produce cellular phones become more expensive. @ A technological advance makes cellular phone production less expensive.
Answer:
.A technological advance makes cellular phone production less expensive.
Explanation:
Government could in consideration of the product's lower production cost, opt to adjust the price ceiling.
What's the rationale behind this?
The decrease in production cost for cellular phones means the industry can afford to produce and sell at lower price(maybe even lower) than the price ceiling. This would mean that businesses in this industry may be charging incredibly high prices compared to cost of production and still not hit price ceiling. Therefore government may need to lower price ceiling to suit current cost of production.
Paying more attention to another person when they're talking and not to your own thoughts or interpretations of what they're saying is called:appreciative listening.
<span>In appreciative listening, we seek certain information which will appreciate, for example that which helps meet our needs and goals. </span>
