Answer:
D) productivity in Poland is higher than in Romania.
Explanation:
Income and wages are directly related to productivity and economic growth. Productivity refers to the total output produced by each unit of labor, an almost all variations in the standard of living of a country and most variations in economic growth are associated with it.
The logic is that a worker that is able to generate a higher level of output should earn a higher income. E.g. if you are a salesperson that sells $200,000 worth of merchandise per month should earn more money that another salesperson that only sells $50,000 per month. Generally, the more money you earn, the higher your standard of living.
Label Plus, LLC, ......................... Due to increased support from DEPARTMENT OF COMMERCE'S BUREAU OF INDUSTRY AND SECURITY.
The department of commerce's bureau of industry and security helps small businesses by supplying them with information which can help their business to succeed on the international scale.
Answer:
The word that means finding its food is hunting
Answer:
1. Technical improvements cause production costs to decline, which causes supply to increase and prices to decrease.
2. Decreased unemployment causes consumer incomes to increase which causes demand to increase and hence price to increase.
Explanation:
Demand refers to a consumer's desire to purchase a particular good or service at a given time for a specific price. Supply on the other hand, is the willingness of a producer to produce a particular good or service at a given time for specific price.
1. Production cost is a factor that influences supply. For example, cost of labor or raw material cost. When production costs fall, more products can be produced at a lesser cost. Hence'
- The supply curve shifts right from S1 to S2.
- This causes quantity supplied to increase from QS1 to QS2
- And price to fall from P2 to P1. Please refer Diagram 1 in attachment.
2. When unemployment decreases, it means that more people are working in the economy and hence their incomes are also higher. This means there is a higher purchasing power and also higher demand for products. Hence,
- The demand curve shifts from D1 to D2.
- This causes quantity demanded to increase from QD1 to QD2
- And price to increase from P1 to P2. Please refer Diagram 2 in attachment.
Answer: That class ain't for you vro.
Explanation: