Answer: variable; fixed
Explanation: In the short run, Kyoko's workers are variable inputs. This is because, the number of workers needed can be varied based on production needs, even in the short run. Examples are energy, labor etc.
Kyoko's ovens are fixed inputs. Fixed inputs are those inputs whose quantities cannot be changed in the short run by a firm as it seeks to change the quantity of output produced. Examples are equipment, land and building.
Answer:
She will earn $17.50.
Explanation:
Interest earned is the amount of interest earned on the a deposited amount in a saving amount on simple interest.
Balance in the account = $500
Interest rate = 3.5%
Interest earned = Average balance x Interest rate
Interest earned = $500 x 3.50%
Interest earned = $500 x 0.035
Interest earned = $17.50
Correct/Complete Question:
The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces, political forces, and social forces. True or False
Answer:
True
Explanation:
The above forces, economic, political and social determine the answers to the three economic problems and also determines how economic forces operate in an economy. The three economic questions are;
- What goods and services should be produced?
- How should these goods and services be produced?
- Who consumes these goods and services?
Political forces are forces that influence the economic and political stability of the market. Social forces include cultural influences on the economic stability of the market. Economic forces on the other hand are the factors that determine/influence the competitiveness of the market in which a firm operates.
I hope this helps.
Banks proved extremely unstable, and we had a history of the rich holding most of it
An oligopoly does not exist when there is a lot of variety in the number of sellers and producers of media content.
What is an oligopoly-
An Oligopoly is a type of market in which :
- Few numbers of buyers and sellers.
- High capital cost to entry in the market.
- Similar but slightly different products. (eg. Cold drink companies)
- Entry may be restricted to a few firms
- there can be informal cartels within the existing firms which do not allow others to come in.
- The action of one firm has an effect on the whole market, this will leads to a prisoner's dilemma.
An example of an oligopoly market is - the Organisation of petroleum exporting countries(OPEC).
Disclaimer- The Question is incomplete the question may be "An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety in what they actually produce. Is this statement true or false?"
To learn more about the types of markets please click on the link
brainly.com/question/24877850
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