Answer: b - high wages might be profitable because they raise the efficiency of a firm’s workers
Explanation:
The efficiency wage theory suggests that increasing wages increases labour productivity which can increase profitability of the firm.
High wages increases the retention rate of labour and their productivity.
In the post industrial economy,
A. the economic sector that is dominant when the country deindustrializes is the Tertiary industry:
- quaternary and quinary
- service job
Some of the jobs here require the tertiary form of education.
b. Two ways that countries transition to postindustrial economy are:
- They make use of countries that have little government regulations and minimal taxes.
- They use countries where trade unions are non existent.
c. A way that the roles of women get to change is through the reduction in the pay gap that exists between genders. Pay can also be raised for females.
d. Brownfields can be redeveloped in the following ways in the post industrial cities:
- Recreational means: sports and entertainments.
- Agriculture: Creation of urban farms and gardens.
<h3>
What is a post industrial economy?</h3>
This is an economy that is said to have advanced from the manufacturing era into an era of production of services.
Read more on post industrial economy here: brainly.com/question/17965471
Answer:
D) eminent domain.
Explanation:
In the US, eminent domain is the right of a government entity (local, state or federal government) to take private land and assign a public use to it. This government expropriation is carried out with a compensation payment done to the landowner.
In this case, the municipal government of Orlando is going to expropriate Neil's land and use it to expand a thoroughfare (road or avenue) through the city. The city will pay Neil a certain amount of money for taking away his land and suing it for a public service.
The 5th amendment of the US Constitution states that eminent domain must be carried out only after the landowner has been compensated for his/her loss.
Answer:
80
Explanation:
Given the Solow Formula Y =
in the question, we have:
Capital K = 64
Labors L = 100
Substituting the number for K and L into the equation, we have:

Y = 8 * 10
Y = 80
Please Note:
Country B's production function is Y = F(K,L) = K0.5 L0.5 is not correctly stated as the real Solow Model using equation format in the question. This has therefore been done under the explanation above and now correctly stated as Y =
.
Answer: Option (B) is correct.
Explanation:
Product costs are the that are incurred during the production of a product. Various costs are involved in this product cost such as direct labor cost, consumable production supplies, direct material, etc. It is calculated by multiplying the cost driver rate to the number of the units of cost driver that are used in the production of each product.