Answer:
Country
- c. B had the higher level of real GDP and Country A had the higher level of real GDP per person
Explanation:
Country A's population 2,000, worked 1,300 with 8 hours a day with a productivity of 5 = 52,000 units of something produced. GDP per capita = 52,000 / 2,000 = <u>26 per capita</u>
Country B's population 2,500, worked 1,700 with 8 hours a day with a productivity of 4 = <u>54,400 units</u> of something produced. GDP per capita = 54,400 / 2,500 = 21.76 per capita
When people take money out of the bank, they have to pay them back with a little more and interest is why.<span />
<span>The U.S. government has set many business regulations in place to protect employees' rights, protect the environment and hold corporations accountable for the amount of power they have in this business-driven society.</span>
Arturo would incur an opportunity cost of 36 burritos if he increased his production of tacos by 27
<h3>How to find the opportunity cost</h3>
opportunity cost of Burritos
= 400 / 300
= 1.33
The opportunity cost of Tacos
300 / 400
= 0.75
For the tacos produced we would have
opportunity cost of tacos x opportunity cost that was incurred
= 36 * 0.75
= 27
Hence we would conclude by saying that Arturo would incur an opportunity cost of 36 burritos if he increased his production of tacos by 27
Read more on opportunity cost here: brainly.com/question/1549591
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