Kendra’s country is known for its fruit products, but before the fresh fruit can be made into candies, jams, and juices, a lot is lost due to pests, weather, and damage during shipping. Recently, however, researchers discovered a better way to transport the fruit that cut down on waste by 11 percent. This is an example of ______
a. an increase in productivity
b. a rise in the standard of living
c. sustained economic growth
d. diminishing marginal returns
a. an increase in productivity
Economics
You might also like to view...
The above figure illustrates a perfectly competitive firm. Curve C represents the
A) MR curve. B) ATC curve. C) MC curve. D) market demand curve. E) AFC curve.
Economics
Which of the following investigates businesses and individuals for enforcement of laws regarding protected classes?
a. osha b. eeo c. department of labor d. cobra
Economics