1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
creativ13 [48]
3 years ago
10

Suppose a new technology makes it possible to perfectly predict the weather on your computer. As a result, there isn't as much o

f a need for weathermen to discuss the weather on TV. As a result of the new technology, we would expect the____________ weather forecasters to_________ , causing the salaries of weather forecasters to_____________ .
Business
1 answer:
Zinaida [17]3 years ago
6 0

Answer:

demand of

Fall

decrease

Explanation:

Here are the options to this question:

1.expect the (supply of/ demand of )

2.forecasters to (increase/ decrease)

3. weather forecasters to (decrease/ increase)

The new technology would reduce the need for weather forecasters. So t.v. stations and radios would no longer employ weather forecasters and might even lay off some forecasters. So the demand for forecasters would fall.

Due to the reduced demand for forecasters, there would be a large number of unemployed forecasters with no one willing to employ them. This would lead them to a reduction in their salary. When supply exceeds demand, prices fall.

I hope my answer helps you

You might be interested in
1. Problems and Applications Q1 In 2012, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 142,496,000
Fynjy0 [20]

Answer:

the adult population is 243,312,000

Explanation:

The computation of the adult population is shown below:

The Total adult population is

= Employed + Unemployed +  Not in the labor force

= 142,496,000 + 12,506,000  + 88,310,000

= 243,312,000

Hence, the adult population is 243,312,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0
3 years ago
The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment
zysi [14]

Answer:

(a) $921,100

(b) $643,500

(c) $567,700

Explanation:

(a) Cost of goods sold:

= Sales - Gross profit

= $1,261,800 - $340,700

= $921,100

(b) Direct Material Cost:

= Materials purchased - Indirect materials - Materials inventory

= $643,500 - $46,700 - $46,700

= $643,500

(c) Direct labor cost:

= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)

= $1,393,000 - $643,500 - $181,800

= $567,700

5 0
3 years ago
Davis Company has analyzed its overhead costs and derived a general formula for their behavior: $65,000 + $14 per direct labor h
Ratling [72]

Answer:

$15.3 per direct labor hour

Explanation:

Overhead costs are those costs which are incurred for the manufacturing of the product but not directly attributable to any product / service. It can be variable or fixed.

Formula for overhead costs = $65,000 + $14 per direct labor hour

Numbers of direct labor hours = 50,000 hours

Total Cost = $65,000 x ($14 x 50,000 ) = $765,000

Over head rate per direct labor hour  = Total overhead cost / Numbers of direct labor hours = $765,000 / 50,000 = $15.3 per direct labor hour

5 0
3 years ago
Suppose Carla is a bus driver and she was driving the bus when she suffered a heart attack. As a result, the bus hits another ve
Mariulka [41]

Answer:

Unfortunate Accident

Explanation:

Since the accident was not due to any lack in the driving skills, but as Carla could not function properly, because of Heart Attack, this is not an accident for which Carla could be held liable.

Although Carla was driving, but she could be held liable, as that is because of unfortunate circumstances, not in the hands of Carla, and could not be avoided by the actions of Carla.

Thus, it is termed as Unfortunate Accident.

6 0
3 years ago
Webcom. Inc. had the following current assets and current liabilities at the end of two recent years:
julsineya [31]

Answer:

a. Current Ratio for the current year = 1.18

b. Current Ratio for the preceding year = 0.97

c. Quick Ratio for the current year = 0.98

d. Quick Ratio for the preceding year = 0.76

e. Working Capital for the current year = $3,231

f. Working Capital for the preceding year = –$513

Explanation:

Based on the information provided in the question, we first state the following formula to be used before answering the question:

Current asset = Cash and cash equivalents + Short-term investments, at cost + Accounts and notes receivable, net + Inventories + Prepaid expenses and other current assets ................... (1)

Current liabilities = Short-term obligations + Accounts payable ................. (2)

Current ratio = Current assets / Current liabilities ............................ (3)

Quick Ratio = (Current assets - Inventory) / Current liabilities ............... (4)

Working capital = Current assets - Current Liabilities ........................... (5)

We now calculate the answers as follows:

a. What is the Current Ratio for the current year?

Using equation (1), we have:

Current asset for the current year (in millions) = $8,297 + $422 + $7,041 + $3,581 + $1,479 = $20,820

Using equation (2), we have:

Current liabilities for the current year (in millions) = $4,815 + $12,774 = $17,589

Using equation (3), we have:

Current ratio for the current year = $20,820 / $17,589 = 1.18

b. What is the Current Ratio for the preceding year?

Using equation (1), we have:

Current asset for the preceding year (in millions) = $4,067 + $458 + $6,912 + $3,827 + $2,377 = $17,641

Using equation (2), we have:

Current liabilities for the preceding year (in millions) = $6,205 + $11,949 = $18,154

Using equation (3), we have:

Current ratio for the preceding year = $17,641 / 18,154 = 0.97

c. What is the Quick Ratio for the current year?

Using equation (4) and calculations from part a, we have:

Quick Ratio for the current year = ($20,820 -  3,581) / $17,589 = 0.98

d. What is the Quick Ratio for the preceding year?

Using equation (4) and calculations from part b, we have:

Quick Ratio for the preceding year = ($17,641 - 3,827) / $18,154 = 0.76

e. What is the Working Capital for the current year?

Using equation (5) and calculations from part a, we have:

Working Capital for the current year = $20,820 -  $17,589 =$3,231

f. What is the Working Capital for the preceding year?

Using equation (5) and calculations from part b, we have:

Working Capital for the preceding year = $17,641 - $18,154 = –$513

5 0
3 years ago
Other questions:
  • The Porch Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows
    11·1 answer
  • The fiscal 2016 financial statements for Walgreens Boots Alliance, Inc., report net sales of $117,351 million, net operating pro
    8·2 answers
  • The ability to telecommute has come largely from the development of ________.
    5·2 answers
  • What is true about departmental accountable officials with regards to pecuniary liability?
    10·1 answer
  • At the beginning of Year 1, a company reported a balance in common stock of $169,000 and a balance in retained earnings of $69,0
    6·1 answer
  • Bakery a sells bread for $2 per loaf that costs $0.50 per loaf to make. bakery a gives a 70% discount for its bread at the end o
    11·1 answer
  • The economy is in a recession and the government wants to increase output. If the multiplier equals 3 and the government increas
    10·1 answer
  • Suppose you use Solver to find the optimal solution to a maximization model. Then you remember that you omitted an important con
    13·2 answers
  • Identify Ten (10) Differences that exist Between
    7·1 answer
  • Which of the following below is not one of porter's five forces?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!