Based on the Hockey Stick of Human Prosperity, two changes to economies include:
- Reduction in child mortality.
- Increase in life expectancy.
<h3>What is the Hockey Stick of Human Prosperity?</h3>
- Refers to the fact that since the industrial age, humans have become richer and more prosperous.
- This is in contrast to the time before the industrial age where most people were poor and suffered from diseases.
As a result of the rise in human prosperity, there is less child mortality than before, and people can now live to be significantly older than they used to in the past.
In conclusion, humans are more prosperous now.
Find out more about the Industrial Age at brainly.com/question/13323062.
Tricky tricky. I'll go with 'A. you do not take too much' from experience.
Answer: NINJA IG you pick one lol
Explanation:
The Internal rate of return (IRR) of an investment is found to be 13%.
<h3>What is Internal rate of return (IRR)?</h3>
The internal rate of return (IRR) is a financial analysis metric used to estimate the profitability of possible investments.
- In a discounted cash flow analysis, IRR is a discount rate that renders the net present value (NPV) among all cash flows equal to zero.
- IRR calculations employ the same method as NPV calculations.
- Keep in mind that the IRR is not the project's actual dollar value.
- The annual return is what brings the NPV to zero.
Now, according to the question;
Total investment = $18,500.
Returns = $5,250/year
Time = 5 years
Use the formula for calculation of IRR value.
$18,500 = $5,250 {[1 - 1/(1 + IRR)5] / IRR}
Simplyfying,
IRR = 12.92%
Therefore, the internal rate of returns are calculated as 13% (approximately).
To know more about internal rate of return, here
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Answer:
As the question was not complete. I have attached the complete question in the attachment. Please refer to attachment.
Explanation:
<em>By using, LD = 95- 3w and w1 = 7.25 and w2 = 9. We get,
</em>
<em>LD1 = 95-3(7.25) = 73.25
</em>
<em>LD2 = 95-3(9) = 68
</em>
Elasticity = Change in labor demand/ change in wage rate = ((68- 73.25)/ 73.25)/ ((9-7.25/7.25)) = -0.33
The 11 percent change in the wage rate causes, 33% change in labor demanded, as shown by the elasticity, the labor demand decreases with increase in wage rate.
