Answer and Explanation:
In order to know how this affects the production we will first find out the quantities produce before and after the technological advance.
Profit maximizing, MR = MC (Marginal revenue = Marginal Cost)
TR = P x Q
TR= (5900 - Q) x Q = 5900Q - Q^2
MR = 5900 - 2Q (Taking derivative)
Now, MR = MC
5900 - 2Q = 800
Q = 2550
After Technological advancement,
MR = MC
5900 - 2Q = 500
Q = 2700
After technological advancement, Backspot Computers are able to produce more quantities. An increase of 150 units. The technological advancement has helped them.
1. Which of the following is true about how your skill set relates to a future career? Employers consider subject-specific skills for new positions.
When an employer is looking to hire someone new, they are focused on figuring out how the person applying for the job matches the skill set they are looking to hire. When your current skill sets match those the employer needs/wants they are more likely to hire you for the position.
2. Which of the following is a list of broad categories of skills? mathematics and data, words and literacy, tools and tasks, interpersonal relationships, and creativity. Out of the choices listed, these are the broad skill sets as they vary and range in similarities on a large scale. Mathematics is completely different than words and literacy, so they are broad copared to the skills that match each other.
Answer:
The answer is (B) are high achieving and competitive.
Explanation:
Anorexia nervosa is a mental illness categorized as an eating disorder. People who suffer from this condition have an unrealistic view of their own body weight, where they always think that they are fat. These people tend to reduce their food intake in order to achieve their ideal body weight, one that is usually below the recommended level for their age and height.
Answer:
1. A monopolistically competitive firm may be able to distinguish itself from other firms by adjusting the physical attributes of its product, by offering a distinctive level of service, or by selecting a convenient location.- True
2.Product differentiation enables a monopolistically competitive firm to have some control over the price of its product- True
3.In the long run each monopolistically competitive firm produces a level of output that results in allocative efficiency.- False
4. In the long run each monopolistically competitive firm produces a level of output that results in productive efficiency- False
5.To maintain a competitive edge and earn economic profits, a monopolistically competitive firm has an incentive to improve its product. -True
6. Compared with purely competitive markets, under monoplistic competition consumers with a diversity of tastes can benefit from the opportunity to choose from a greater range of products and services. -True
7.In order to maximize its profits, each monopolistically competitive firm must determine the price of its product, how to differentiate its product, and how much it will spend on advertising.True
Explanation:
Answer: the correct answer is D. promoting general friendliness
Explanation:
To promote friendliness at work is an awesome idea because it will contribute to attaining the goals of a company since it makes the organization a better place for everyone.
