All categories

2 years ago

When there is a technological advance in the ice cream industry, consumer surplus in that market will?

Business

1 answer:

Nina [5.8K]2 years ago

6 0

When there is a technological advance in the ice cream industry, consumer surplus in that market will increase.

Technology is the result of accumulated knowledge and the application of skills, methods, and processes used in industrial production and scientific research. Technology is embedded in the operation of all mechanical and electronic devices, with or without detailed knowledge of their function, for the intended purpose of an organization. The technology of society consists of so-called systems. A system works by taking input, modifying that input through what is called a process, and producing a result that achieves the intended purpose of the system.

The earliest and simplest form of technology is the development of knowledge leading to the application of basic tools. The prehistoric invention of carved stone tools and the discovery of ways to control fire increased the food sources available to humans. This led to mobile technologies that helped exchange information and raw materials more quickly. Humanity then proceeded to develop the printing press, telephones, computers, and the Internet.

Learn more about technology here: brainly.com/question/25110079

#SPJ4

You might be interested in

Brooke's Boutique plans to launch a new clothing line. For this purpose, the firm first conducts a survey to understand its targ

Gekata [30.6K]

Answer:

Descriptive followed by causal is the correct answer.

Explanation:

8 0

3 years ago

53:1

Fiesta28 [93]

Answer:

A. It may cause people to lose trust in you.

Explanation:

Unethical behavior is one where an individual behaves in such a way that it is bad for others or an action that may be morally wrong. It is an action that renders the wrong perception of others.

One thing true about unethical behavior is that it can cause people to lose trust in the person. It makes the person look bad and thus add to the dishonesty, the feeling of untrustworthiness in that person.

Thus, the correct answer is option A.

5 0

3 years ago

A statistician prepared a bar chart showing, in descending order, the frequency of six underlying causes of general aviation acc

Zigmanuir [339]

The answer is: Pareto chart

Pareto chart is the combination of line and bar graphs. This type of chart is usually used to present data with frequency of nonoccurence and unite measurement at the same time.(frequency of accidents and number of factors that cause the accidents. )

Other than that, Pareto chart is also commonly used in quality control or searching the highest cause of defects.

5 0

3 years ago

Read 2 more answers

At the beginning of 2021, Artichoke Academy reported a balance in common stock of $164,000 and a balance in retained earnings of

daser333 [38]

Answer:

Artichoke Academy

Statement of Stockholders’ Equity

For the Year Ended December 31, 2021

Beginning balance Common Stock $164,000

<u>Beginning balance retained earnings $64,000</u>

Subtotal $228,000

Common Stock issued $54,000

Earned net income $44,000

<u>Distributed dividends ($11,400)</u>

Ending balance Common Stock $218,000

<u>Ending balance retained earnings $96.600</u>

Total Stockholders' Equity December 31, 2021: $314,600

Artichoke Academy

Balance Sheet

For the Year Ended December 31, 2021

Assets:

Cash $54,000

Prepaid rent $31,000

Supplies $12,300

Land $270,000

Total assets: $367,300

Liabilities and stockholders' equity:

Accounts payable $13,600

Utilities payable $5,200

Salaries payable $4,900

Notes payable $29,000

Common stock $218,000

Retained earnings $96,600

Total liabilities and stockholders' equity: $367,300

7 0

3 years ago

a plant asset trade-in with commercial substance means that it changes the company's: multiple choice question. current cash flo

stellarik [79]

We can actually deduce here that a plant asset trade-in with commercial substance means that it changes the company's: Future cash flows.

In Business, cash flows actually refers to the amount of the net cash and its equivalent that is actually being moved or transferred in and out of the company.

When cash is received by the company or organization, it is said to be cash inflow while the cash that is being spent to run the daily to day activities of the company are known as cash outflow.

Thus, we see that a plant asset trade-in with commercial substance means that it changes the company's future cash flows. The future cash flow is the expected inflow and outflow of cash in the future.

Learn more about cash flow on brainly.com/question/735261

#SPJ1

3 0

1 year ago