Answer:
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Answer:
B. A technological improvement
Explanation:
An outward (rightward) shift in supply means an increase in supply.
Technological improvement would increase supply and supply curve would shift outward.
A decline in labor productivity would reduce supply and the supply curve would shift inward.
An increase in the cost of input would increase the cost of production and supply would fall. The supply curve would shift inward.
A reduction in consumer incomes would reduce demand and not supply.
I hope my answer helps you
Answer:
Uptown industries have to deposit today $4,145.
Explanation:
To find the final capital at the end of the third year, we use the compound interest formula:
Final Capital (FC)= Initial Capital (IC)*[(1+interest(i))]^(number of periods(n))
FC=$3000*[1+2.75%]^(12)
FC= $4,145.35
Then, Uptown industries have to deposit today $4,145.
Answer:
We can compare South Korea and Ukraine
Explanation:
South Korea began to transition to capitalism, from feudalism, shortly after the Korean War. It had the support of the United States, but the country was extremely poor, and reaching the status of advanced economy it has today required grueling work from the populace. The country was a dictatorship until the 1980s, and capitalism was not combined with democracy and civil liberties during all those years.
It can be said that the country is in an advanced stage of capitalism.
Ukraine was part of the Soviet Union, therefore, its transition, from socialism, to capitalism, began in 1991. However, the country has been controlled by a corrupt political elite that colludes with a few oligarchs to amass most of the country's wealth. Nowadays, Ukraine is the second-poorest country in Europe (after Moldova), and has not seen much development ever since the Soviet Union collapsed.
It can be said that the country is in an intermediate stage of capitalism, because, while poor, it has a considerable amount of physical assets, and its very fertile land provides surplus agricultural production.
