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Yakvenalex [24]
1 year ago
11

Which of the following would constitute a technological improvement?

Business
1 answer:
makkiz [27]1 year ago
6 0

Answer:

Explanation:

n employee learning new job skills to increase her work performance a firm reducing its prices to make itself

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In the context of the​ firm's supply​ curve, as the firm produces more of a​ good, the cost of producing each additional u
Flura [38]

Answer:

decrease

Explanation:

Marginal cost is a concept that explains the cost a company has to produce one more unit of good. This is a measure that is associated with the productivity of the inputs used in the production process. When a company increases production, marginal cost tends to decrease as inputs are better utilized. This is because the company specializes in production in order to streamline inputs and increase productivity.

5 0
3 years ago
True/False
Elanso [62]

<em>The answer is </em><em>FALSE.</em><em> </em>

<em>Relationship marketing is much important compared to maintaining databases of customer's information for mass marketing. A good relationship to clients can be a good promotion tool and technique compared to sending them promotional ads via email, SMS and social media sites. A word of a mouth is more powerful and personal compared to digital media. If the reputation of the company is good to some clients, then it will create good impression to other potential clients and to the people they know. If the company has a good impression, good attitude employees with good products, it will surely help to the company's revenue.</em>

5 0
3 years ago
What is the approximate present value of $1 that will be paid to you in 3 years if the interest rate were 5 percent?
Stolb23 [73]

Answer:

The present value is $0.86.-

Explanation:

Giving the following information:

Future Value (FV)= $1

Number of periods (n)= 3 years

Interest rate (i)= 5% = 0.05

<u>To calculate the present value (PV), we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 1/(1.05^3)

PV= $0.8634

The present value is $0.86.-

3 0
2 years ago
Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single pro
Dmitrij [34]

Answer:

b. $311,600

Explanation:

For the computation of total contribution margin first we need to find out the contribution margin per unit which is shown below:-

Contribution Margin per Unit = Contribution Margin ÷ Units Sold

= 319,200 ÷ 8,400

= $38

Total Contribution Margin = Contribution Margin per Unit × Units Sold

= $38 × 8,200

= $311,600

Therefore for computing the total contribution margin we simply applied the above formula.

7 0
2 years ago
Why are employers wiling to pay productive workers higher wages than less productive workers?
Scilla [17]
Income for most people is determined by the market value of the productive resources they sell. ... Employers are willing to pay wages and salaries to workers because they expect to sell the goods and services those workers produce at prices high enough to cover the wages and salaries and all other costs of production.
8 0
2 years ago
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