Answer:
Ebola has affected several countries in West Africa, specially Liberia, Guinea, and Sierra Leona, which are among the poorest in the region. There is particular scarcity of medical devices and personnel in these countries, which aggravates the situation.
For the new drug, many capital goods would have been needed, specifically chemical compounds and laboratory equipment. Skilled labor would also be needed, because fabricating a new drug is a very complicated process that only specialized people can carry out.
The opportunity cost of the company in devoting more resources to produce and distribute the new drug may not be so high because a drug against Ebola would have a very high demand, perhaps a lot higher than the demand for other drugs.
Answer:The Ebola epidemic is still ravaging West Africa, and the death toll has passed 10,000. The labor force and human capital of the economies of the countries affected by Ebola are declining with the increasing number of deaths and people infected with Ebola. The reduction in labor resources caused by the many deaths and the underutilization of human capital caused by the large number of sick people is leading to a decline in output
I have invented an antiviral drug that will cure this deadly disease. The drug is made from a batch of antiviral culture along with minute concentrations of potassium chloride. To produce this drug on large scale, we will need certain capital—sodium chloride, lab equipment, syringes, and oxygen devices to help with breathing. Moreover, we will also need labor in large numbers to act as support and nursing staff who will distribute and administer the drug. The capital needed for this drug is currently used for producing and distributing an antiviral drug for influenza. Considering the urgent need we are facing, I believe that the antiviral drug for the deadly disease Ebola is the need of the hour, and the firm therefore should transfer its resources from producing the flu drug to producing the Ebola antiviral drug. The firm will face a trade-off here, which will lead to a decrease in the production of the flu drug. However, this new drug will certainly improve the condition of those affected by Ebola.
Within a few years, I am sure that the countries that suffered the epidemic will recover their labor. We can soon expect an increase in their production possibilities and a right shift in their PPCs.
Explanation: Plato answer reword
a weaver in a silk shop.
a merchant on a caravan.
a buyer in a marketplace.
The correct answer is: "a buyer in a marketplace"
Labor is a factor of production constituted by the skills of workers who participate in the manufacturing process for the obtention of a good or service. It is owned by individuals and these offer their labor effort to companies in exchange for a retribution. Companies, in turn, need labor to sucesfully perform their production activities.
The three activities mentioned first: a farmer in a rice field, a weaver in a silk shop, a merchant on a caravan are examples of a person offering his/her skills, in this case his/her physical effort, in exchange for a retribution and therefore all of them are considered labor.
Answer:
he mission of TVA was "to improve the navigability and to provide for the flood control of the Tennessee River; to provide for reforestation and the proper use of marginal lands in the Tennessee Valley; to provide for the agricultural and industrial development of said valley; to provide for the national defense by ...Explanation: hope it helps
The legislation described in this excerpt is the Tennessee Valley Authority (TVA) Act, which aimed to improve the navigability of the Tennessee River, promote reforestation in the Tennessee Valley, and support agricultural and industrial development in the region.
The legislation described in this excerpt is known as the Tennessee Valley Authority (TVA) Act, which was passed in 1933 during Franklin D. Roosevelt's presidency. The purpose of this legislation was to improve the navigability and flood control of the Tennessee River, promote reforestation and proper use of marginal lands in the Tennessee Valley, and support agricultural and industrial development in the region.
The Tennessee Valley Authority (TVA) is a U.S. federal agency created during the New Deal in 1933. It's responsible for electricity generation, flood control, and economic development in the Tennessee Valley region. It also aimed to contribute to national defense by creating a corporation for operating government properties near Muscle Shoals in Alabama.
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