Answer:
D
Explanation:
The opportunity cost is the cost that someone have when they decide to do something and not doing another thing. In this case, if she or he decides to go to the farther gas station the opportunity cost is in terms of time, because he or she could spend those minutes (from the actual position to the gas station) doing something else (for example, eating). Cost are also in terms of gas because the gas that he or she spent to go to that gas station, could be used to drive somewhere else.
Glow plugs should have high resistance when warm and lower resistance when cold
Explanation:
Insurance underwriters "evaluate the risk and exposures" of potential clients. Clients are the insurance agency where many insurers invest money and claim if the insurer / his family (which ever is applicable) is hospitalized / treated for disease.
If I am a underwriter,
- I will check the insurance policy which the patient has taken,
- Check the eligibility, cross check the documents of operation which the patient or insurer has sent
- Then decide whether the particular reimbursement is approved or unapproved.
Answer: Direct foreign investment, Provide tax break and patent for firms that pursue research and development in health and sciences, A reduction in capital per worker
Explanation:
Direct foreign investment : This is a long term capital flows into the economy of a country by a public and private individuals. These long term capital flows can be used in the building of an asset in the recipient country such as the building of factories for factory expansion which will increase the productivity of the firm.
Productivity is the increase in the output per head in an economy. Productivity and growth can be increased in an economy by providing tax break and patent for firms that pursue research and development in health and sciences. This means that during this period such companies will not pay tax , this will reduce the cost of Production of those firms that enjoy the tax break and also it will increase their profit. On the other hand, government can give patent for firm that pursue research and development in health and sciences. This patent when it is granted will give the firm the exclusive right to own,use and dispose an invention for a period of time. It will enable the firm to use the invention alone for a specific number of years.
A outcome of a rapid population growth is the reduction in capital per worker, when there is an increase in the population of a country it often result in the fall in the standard of living of the people.
