Roasia is a developing economy with a large population. its public healthcare and transportation infrastructure is very poor, which creates a bottleneck for industrial development. leading industry experts have been claiming that investment in infrastructure so far has not been sufficient. according to them, there is a pressing need to step up government expenditure on public infrastructure. with the debate heating up, the government proposed a 30 percent increase in infrastructure investment this year. this is also expected to reduce unemployment considerably from the current level of 6 percent. with a 30 percent increase in investment, industry experts predicted that unemployment would decline from 6 to 4 percent in two years' time. however, the unemployment level at the end of two years was even lower at 3 percent. which of the following, if true, can explain this outcome?

Shareholders of tesla recently expressed concerns that elon musk should give up some of his power on tesla's board by appointing two independent directors. which of the following is not a reason why elon musk is perceived to have significant power over tesla's board? 1. he is the founder of the firm and a successful entrepreneur, thus board members may be hesitant to challenge him.2. as the ceo and chairman of the firm he can easily determine what the board should discuss and how it should vote on strategic issues.3. all board members, except for kimbal, have been appointed to the board during elon's tenure.4. many of the firm's directors are outsider investment managers whose interests would not be aligned with those of firms' shareholders.

Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a