impact of three key industries on oklahoma economy in 2017\nindustry\tapproximate total contribution by…

impact of three key industries on oklahoma economy in 2017\nindustry\tapproximate total contribution by industry\tnumber of people employed by industry\taverage contribution per employee by industry\nconstruction\t$6,797,300,000\t77,247\t$87,994\nmanufacturing\t$16,707,500,000\t128,122\t$130,403\ntribal economic activity\t$7,312,400,000\t51,674\t$141,510\nthe nearly forty tribes located in oklahoma, including the osage nation and the seminole nation, operate numerous businesses, employ tens of thousands of people, and generate billions of dollars in revenue. a student in an economics class is researching the collective activity as a single industry. the student wants to compare that industrys role in oklahoma in 2017 with the roles of other industries in the state. looking at a table with information about three industries, the student finds that compared with the other two industries, tribal economic activity _______\nwhich choice most effectively uses data from the table to complete the comparison?\na) made the lowest total contribution by industry.\nb) made the highest average economic contribution per employee.\nc) ranked highest in all three economic measures listed in the table.\nd) employed the same number of people as construction.

impact of three key industries on oklahoma economy in 2017\nindustry\tapproximate total contribution by industry\tnumber of people employed by industry\taverage contribution per employee by industry\nconstruction\t$6,797,300,000\t77,247\t$87,994\nmanufacturing\t$16,707,500,000\t128,122\t$130,403\ntribal economic activity\t$7,312,400,000\t51,674\t$141,510\nthe nearly forty tribes located in oklahoma, including the osage nation and the seminole nation, operate numerous businesses, employ tens of thousands of people, and generate billions of dollars in revenue. a student in an economics class is researching the collective activity as a single industry. the student wants to compare that industrys role in oklahoma in 2017 with the roles of other industries in the state. looking at a table with information about three industries, the student finds that compared with the other two industries, tribal economic activity _______\nwhich choice most effectively uses data from the table to complete the comparison?\na) made the lowest total contribution by industry.\nb) made the highest average economic contribution per employee.\nc) ranked highest in all three economic measures listed in the table.\nd) employed the same number of people as construction.

Answer

Brief Explanations:

  1. Analyze total contribution: Construction has a total contribution of $6,797,300,000, Manufacturing has $16,707,500,000 and Tribal economic activity has $7,312,400,000. So tribal economic activity did not make the lowest total contribution.
  2. Analyze average contribution per - employee: Construction has an average contribution per employee of $87,994, Manufacturing has $130,403 and Tribal economic activity has $141,510. Tribal economic activity has the highest average economic contribution per employee.
  3. It did not rank highest in all three measures as it did not have the highest total contribution or the highest number of employees.
  4. Construction employed 77,247 people and tribal economic activity employed 51,674 people, so they did not employ the same number of people.

Answer:

B. made the highest average economic contribution per employee.