Answer:
- TFP does not cause diminishing returns
- both China and India experienced increased standards of living
Explanation:
Total Factor Productivity (TFP) shows how much the economy is growing in excess of the inputs of labor and capital put into the productivity of the economy. It can therefore not be explained by the amount of inputs put into production because it is the part of productivity that is more than the productivity that should have been seen given the inputs put in.
Increasing it does not cause diminishing returns which means it can lead to a sustained increase in per capita output.
Both China and India have experienced growth in the living standards of their citizens from 1980 to 2017 with both of them seeing millions being pulled from poverty. China for instance, managed to reduce the number of poor people in the country from 400+ million in 1981 to 70 million in 2017.
Had to look for the options and here is my answer. What happens when a shoe firm puts its shoes on sale at a price that is lower than the opportunity cost of the inputs used in the process of production is that the firm will possibly make losses between the accounting and economic aspects.
The answer is Major Medical Expense Insurance. This is a health insurance policy that finances medical
expenditures sustained in wounds, disastrous occurrences or lengthy sickness, giving benefit
disbursements beyond the base sum funded by the insurance company.
This insurance encompasses more than doctor appointments
and surgical measures. Most plans cover approximately or entirely
your medicine drug charges plus services linked to health care.
Answer: Controlling
Explanation:
Autumn is using the management quality of controlling to correct the low sales at her company, and to get a higher sales at her sales region.
Controlling in management involves the process where a manager accesses a company's current performance record and looks out for ways to improve their performance.
Answer:
i just took this quiz its B
Explanation:
