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With the aid of a diagram, explain the effect of a new technological mobile weather station on the Jamaica’s Farm
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- Evaluate the macroenvironment forces and discuss the impacts of three macroenvironment trends on urban or high-tech farming businessesBirefly explain the difference between absolute and relative PPP. Thanks.Determine if the following statement is normative or positive: The government expenditure towards infrastructure, research and development and skills and jobs-training programs increases future productivity resulting in rising future output (i.e. GDP).
- You have just used three of the four variables in the IPAT equation. Now give one example of how the T (technology) variable could potentially increase the total impact of the United States and one example of how it could potentially decrease the U.S. impact.If an economy begins to use its resources more effeciently, it will move further away from it PPfHow has COVID-19 affected a country’s ability to achieve production efficiency? Provide specific examples or describe how current production relates to an economy-wide PPF conceptually and graphically.
- Nations across the globe are dealing with the effects of global warming. As the Earth's temperature rises, we are seeing dramatic examples of how that plays out for Earth's inhabitants. These examples include many animal species becoming extinct as habitats decrease or change; more frequent and more devastating fires in Australia and the western United States; rising water covering the city streets of Venice, Italy and threatening homes and farmland in The Netherlands; intense heat waves in India killing humans and animals alike. Here in North Carolina, we have seen more severe storms in the last year than in any 12-month period since weather reporting began in our area. Last summer, many people in our area complained about the abundance and ferocity of poison ivy. It turns out that increased CO2 levels in the environment create perfect conditions for poison ivy to thrive. What responsibility do we owe our fellow human beings to protect the environment? What responsibility do we…Suppose in 2019 to promote food production, the Federal Government of Australia provided high technology equipment to facilitate irrigation. Assume Victoria supplies machinery and food, use a production possibility frontier (PPF) to explain the impact of high technology equipment for irrigation on food supply in AustraliaWhich of the above 4 graphs best represents the change in the PPF if a tornado destroys part of the country? A. Graph A. B. Graph B. C. Graph C. D. Graph D.
- If an economy begins to use its resources more efficiently, it will move farther away from its PPF Select one: a.False b.TrueNeed help with this. Check both Part 1 and Part 2 to answer the question. To answer the question, the possible solutions are: PPC3, PPC4 or PPC5ackground information: A worker in the United States and a worker in China can each produce 1,000 pairs of jeans per week. A worker in the United States can produce 50 cell phones in a week, and a worker in China can produce 100 cell phones in a week. Answer the following questions based on this information.Part A: If each country attempted to produce both jeans and cell phones, how many jeans and cell phones could each country produce? What would be the total number of jeans and cell phones produced by the two countries combined? (Show your work.)Part B: Calculate the opportunity cost of producing jeans for each country. (Show your work.)Part C: Calculate the opportunity cost of producing cell phones for each country. (Show your work.)Part D: Determine how many jeans should be produced by each nation. (Show your work). Part E: If each nation should specialize in producing jeans and cell phones, explain why; use economic terminology you have learned in this unit in your…