Economies of scale are created by greater efficiency of capital and by:
a. longer chains of command in management.
b. better wages for labor.
c. smaller plant sizes.
d. increased specialization of labor.
Question 2
Which of the following was true of the U.S. job market between 1929 and 2011?
a. The number of jobs created in the organized sector was less than that in the unorganized sector.
b. The number employed people increased by less than five percent.
c. The average education of workers increased over the years.
d. The productivity of workers declined over the years.
e. The growth in employment opportunities was slower compared to the growth in population.
An Australian Shepherd-Beagle mix displaying mastery of the "sit" command
Elephant footprints (tire tracks for scale)
Flow Patterns and Large-Scale Weather: The Steering of Midlatitude Cyclones
Oil supply and prices affect the economies of nations
People are living longer today than in previous decades
The Geologic Time Scale