Answer: A) Alpha will experience greater economic growth than Beta.
Explanation:
The production possibility curve shows how the effective and efficient use of the resources that are available in an economy can bring about the maximization of the production of two goods.
Since both economies Alpha and Beta have same production possibilities curves and are also on the same point on each curve, in a scenario whereby Beta devotes more resources to investment goods than consumer goods when compared to Alpha, then in the future Alpha will experience greater economic growth than Beta.
The answer to this question is "VALENCE" such as when the HR Manager told Jim that the company pays the total health insurance costs for a family of four and as a single man, this benefit did not seem especially important and significant to him right now. Here, then Jim is a low on the valence element of the expectancy theory.
The interest rate and how well the product is selling.
Answer:
Produces products that are considered elastic
Explanation:
Technological changes is one of the key determinant of the supply and we know that technological advancement in the production of a particular commodity will lead to increase the production level of the firm. This will lead to shift the supply curve rightwards, which increases the equilibrium quantity and decreases the equilibrium prices.
Hence, if the demand for the products is elastic then the total revenue of the firm increases because this firm has the more quantity effect than the price effect, so this will increase the firm's profit.
The green party and the gas monitoring organization should prevail because the land owner had willed that the property be given to them.
