The long-run equilibrium model is consistent with the following statements except:A. the marginal product of labour equals the real wageB. the real return on capital is fixedC. the price of output is flexibleD. firms maximise profits

When comparing the northern and southern hemisphere, why are the peak maximum and minimum values of insolation at different times of the year? specifically, why is the peak max of incoming solar radiation in june for the northern hemisphere, but in december for the southern hemisphere? pick the best, most complete answer. because of variations in the incident angle of solar radiation, due to the tilt of earth's axis, the northern hemisphere receives more direct solar radiation in june while the southern hemisphere receives less direct solar radiation. the reverse is true in december. because of earth's tilt, as the earth progresses in its revolution around the sun, the northern hemisphere is relatively closer to the sun in june while the southern hemisphere is relatively farther from the sun. the reverse is true in december. because of earth's elliptical orbit, the northern hemisphere is relatively closer to the sun in june/july while the southern hemisphere is relatively farther from the sun. the reverse is true in december. because of variations in the incident angle of solar radiation and the length of day, due to the tilt of earth's axis, the northern hemisphere receives more direct solar radiation and has longer daylight hours in june while the southern hemisphere receives less direct solar radiation and shorter daylight hours. the reverse is true in december.

Emma lives on a tight budget. she saves money and also makes intelligent choices when spending it. which statements describe emma's financial skills? select three options. emma is more prepared to meet her basic needs. emma is better prepared to avoid financial setbacks. emma is better able to avoid accumulating assets. emma is more prepared to face emergencies. emma is better able to avoid financial decision-making.

According to this chart, which country is likely to have the most economic freedom with regards to entrepreneurship?