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1 year ago

How does the use of new technology in industry benefit producers more so than consumers?

1 answer:

4 0

The use of new technology in industry has benefited producers more so than consumers as, "Producers can transport goods around the world."

With faster decision-making and quick responses, the new technology enables producers to become more competitive in the market. The technology is helping to increase the efficiency of systems, products and services.

With the help of technology, the products which are produced are being marketed and then they are being transported around the world. This way it enables the business to grow rapidly and increases the profits.

Through the use of technology, businesses can research the market. This is extremely useful as it provides businesses with in-depth knowledge about market conditions.

Hence, the use of new technology in industry has benefited producers more so than consumers.

To learn more about the producers and consumers here:

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Answer:

$26.05

Explanation:

according to the constant dividend growth model

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1.5 x (1.045^6) / 12 - 4.5 = $26.05

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3 years ago

Two weeks before his performance appraisal, John successfully resolved a service complaint involving one of the company’s most i

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Answer:

The correct answer is Recency error.

Explanation:

Focus on the most recent performance evaluated: The evaluators can be guided by the most recent actions and / or attitudes, whether negative or positive, without considering the history of the collaborators. This error can give an unfair result and nothing representative.

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3 years ago

Copper Corporation owns stock in Bronze Corporation and has net operating income of $900,000 for the year. Bronze Corporation pa

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Answer:

C) $120,000

Explanation:

Since Copper corporation owns 65% of Bronze Corporation, its dividends received deduction (DRD) is 80% of the dividends received.

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Therefore, if Copper received $150,000 in dividends from Bronze, it can deduct 80% of that amount = 80% x $150,000 = $120,000

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2 years ago

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Answer:

Private groups and the news media play important roles in shaping opinions in the marketplace of ideas.

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3 years ago

If costs are 85% of sales (and profit is 15%), what is the amount of extra sales needed to equal $1,200 in profit from purchasin

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Answer:

$8,000

Explanation:

Given that

Profit = $1,200

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Profit = 15%

We know that

Sales = Cost + Profit

= 85% + 15%

= 100%

So sales percentage is 100%

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= Profit × sales percentage ÷ profit percentage

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3 years ago