Question

I need help with these 4 questions

4. The global economy has three cell phone users for every fixed line user. Two in every three cell phone users lives in a developing nation and the growth rate is fastest in Africa In African in 50 had a cell phone; in 2009, it was 14 in 50. Describe the changes in what, how, and for whom telecommunication services the global economy produces. 5. Which of the entries in the list below are consumption goods and services and which are government goods? Explain your choice. 6. Which of the entries in the list below are capital goods? Explain your choico. List for Questions 5 and 6: An interstate highway An airplanc A school teacher A stealth bomber A garbage tc A pack of bubble gum President of the United States A strawberry field A movie, An ATM 7. The people of Foodland have 40 hours of labor a day to bake pizza and bread. The table shows the maximum quantity of cither pizza or bread that Foodland can bake with different quantitics of labor.

Answer 1

Answer 4

What: as the number of cell phone users increases, the global economy has been producing more cell phone telecommunication services. More cell phones are produced, fewer land phones are produced and presumably more cell phone frequencies are used.

How: More telecommunication services are being produced using cell phones rather than fixed-line phones.

For whom: While the amount of telecommunication services has been rising throughout the world, it definitely has been rising rapidly in Africa. So more telecommunication services are being produced for residents of Africa as well as for residents in the rest of the world.

Answer 5

Consumption goods/services are those goods/services which are used by consumer for personal use and they are ready for use as they are.

1. not a consumption good or service
2. not a consumption good or service
3. not a consumption good or service
4. not a consumption good or service
5. not a consumption good or service
6. consumption good
7. not a consumption good or service
8. not a consumption good or service
9. consumption service
10. not a consumption good or service

Answer 6:

Capital goods are man-made, durable items businesses use to produce goods and services.

1. A factor of production(of Service):thus a capital good
2. A factor of production(of Service):  thus a capital good
3. A factor of production(of Service): thus a capital good
4. A factor of production(of Service): thus a capital good
5. A factor of production(of Service):thus a capital good
6. Not a factor of production: It is a consumption good since it is meant for final consumption
7. Not a factor of production: thus not a capital good

8. A factor of production(of good): field is used to produce strawberries thus it is a capital good
9. Not a factor of production: it is a consumption good since it is meant for final consumption
10. A factor of production(of service): thus it is capital good(of bank)

Answer 7

The required table to solve question 7 is missing.