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riadik2000 [5.3K]
2 years ago
10

How does the Hockey Stick of Human Prosperity demonstrate changes to economies? Include at least two

Business
1 answer:
Phoenix [80]2 years ago
3 0

Based on the Hockey Stick of Human Prosperity, two changes to economies include:

  • Reduction in child mortality.
  • Increase in life expectancy.

<h3>What is the Hockey Stick of Human Prosperity?</h3>
  • Refers to the fact that since the industrial age, humans have become richer and more prosperous.
  • This is in contrast to the time before the industrial age where most people were poor and suffered from diseases.

As a result of the rise in human prosperity, there is less child mortality than before, and people can now live to be significantly older than they used to in the past.

In conclusion, humans are more prosperous now.

Find out more about the Industrial Age at brainly.com/question/13323062.

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Answer:

The home needs to sell for $105,263.16 for the seller to receive net of $100,000.00

Explanation:

The amount that the home needs to sell can derived from the net to seller's formula given as: Net to seller = Sale Price * (100% - commission rate)

Net to seller=$100000

Sale price is unknown

commission rate is 5%

$100000=sale price*(100%-5%)

$100000=sale price *95%

sale price =$100000/95%

sale price =$105263.16

For the seller to receive $100000 after 5% commission the property must e sold for $105,263.16

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After decreasing Nominal &amp; Real GDP, the Federal Reserve will_______.
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Who's copping the candy axe?
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Each extra worker produces an extra unit of output up to six workers. After six, no additional output is produced. Draw the tota
Dmitry_Shevchenko [17]

Answer:

attached is the diagram

Explanation:

Each extra worker produces an extra unit of output, is said to be the marginal production of an extra worker employed

marginal production  :

change in total production / change in labor = ΔTp / ΔL

Average production = Tp / L

Tp = total production ,  L = number of labor

To draw the Total product of labor , average product labor and marginal product labor curves starting from zero labor

0 worker : Total product = 0, average product labor = 0 , marginal = 0

1 worker : Total product = 1, average product = 1 , marginal = 0

2 worker : Total product = 2, average product = 1, marginal = 1

3 workers: total product = 3 average product = 1, marginal = 1

4 workers: Total product = 4, average product = 1, marginal = 1

5 workers : Total product = 5 average product = 1, marginal = 1

6 workers : total product = 6 average product = 1 , marginal = 1

7 workers : total product = 7 , average product = 0.85, marginal = 0

8 workers : total product = 8, average product = 0.75 marginal = 0

7 0
3 years ago
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