Answer:
Explanation:
It definitely means that as the quality of education improves, it is directly proportional to the increase in productivity of labour or in other words , it means that as there is an increase in the quality of education, it is directly proportional to the increase of productivity of labour. As quality improves, productivity improves likewise. If quality of education decrease, then there is tendency that the productivity of labour will decrease., so therefore an increase in productivity of labour is a function of an increase in quality of education.
Answer:
Analyzes and States
Explanation:
analyzes the distribution, production, and consumption of goods and services. It examines the goods and services consumed and why they are consumed given we live in a society with limited resources and unlimited wants and needs. The key principles are based on how rational people would behave given scarcity.
I'm pretty sure the answer is B.
Answer the question on the basis of the following table that shows the total costs and total benefits facing a city of five different potential baseball stadiums of increasing size. All figures are in millions of dollars.
Stadium Total Cost Total Benefit
A $80 $140
B 100 200
C 130 250
D 165 290
E 220 300
Applying the median-voter model and assuming that there are equal numbers of voters supporting each stadium, we would expect
Answer:
a. stadium C to be built, but this would not be the most socially efficient outcome.
Explanation:
The median voter model, is a term that describes a situation in which a form of majority rule voting system determines the eventual outcome wanted majorly by the median voter.
This is a means of trying to reach conclusion based on median rule, most specifically, when equal number of voters are supporting different alternatives.
Hence, in this case, using median voter model will ensure that stadium C is built, however, stadium E would be most socially efficient outcome.
