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3 years ago

Which of the following best describes the relationship between productivity and economic growth

1 answer:

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The main foundation or resource of economic activities in developing countries is production. A further relation is provided below.

A community seems to be nearly dependent on its capacity to increase its workforce production. The capabilities of production, as well as consumption, are utilized for the evaluation of inflation expectations.
Productivity improvements lead to increased economic growth, so the amount of products, as well as services generated by something like a comparable workforce, is greater.

Learn more about economic growth here:

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Suppose United and American both service the New York-Boston route. If they both charge $100 each way, they each get monthly pro

allochka39001 [22]

Answer:

Nash equilibrium exists when both companies charge $100 per ticket and each makes $81,000 in profits.

Explanation:

United

ticket price $100 ticket price $200

$81,000 / $58,000 /

ticket price $100 $81,000 $123,000

American

$123,000 / $112,000 /

ticket price $200 $58,000 $112,000

United's dominant strategy is to charge $100 per ticket price with expected profits of $81,000 + $123,000 = $204,000. If it charges $200 per ticket, expected profits = $170,000.

American's dominant strategy is to charge $100 per ticket price with expected profits of $81,000 + $123,000 = $204,000. If it charges $200 per ticket, expected profits = $170,000.

Since both companies' dominant strategy is to charge $100 per ticket, then that is the Nash equilibrium.

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3 years ago

What is martin suarez current physical address

pashok25 [27]

Answer:174 SE Naranja Ave, Port Saint Lucie, FL ; 38 Maple St, Fitchburg, MA ; 461 SE Thornhill Dr, Port Saint Lucie, FL

Explanation:

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3 years ago

Read 2 more answers

Mary suffers $25,000 in uninsured losses in 2019 when her house burns down while she was on vacation. This loss was not due to a

galina1969 [7]

Answer:

Explanation:

The Tax Cuts and Jobs Act eliminated the possibility of deducting casualty losses if they were not caused by federally declared natural disasters. The only way Mary could deduct the $25,000 loss is that she had some type of casualty gain during the year that is offset by this loss. Casualty gains result when a person receives more money from an insurance company due to an event, e.g. fire, than the basis of the property. But in this case, there is no prior casualty gain, so the casualty loss cannot be deducted.

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3 years ago

Dillon rented his personal residence at Lake Tahoe for 14 days while he was vacationing in Ireland. He resided in the home for t

zmey [24]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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3 years ago

If bagels and doughnuts are substitute goods, then which scenario is likely to occur if the price of bagels is reduced?

katen-ka-za [31]

Answer: If the price of bagels is reduced "a.The demand curve for doughnuts will shift to the left."

Explanation: Being substitute goods The decrease in the price of bagels causes consumers to prefer to consume bagets before donating, therefore the demand for donuts will shift to the left (decrease).

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3 years ago