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
Fofino [41]
2 years ago
10

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
Mississippi River Shipyards is considering the replacement of an 8-year-old riveting machine with a new one that will increase e
masya89 [10]

Solution :

Calculating the (NPV) Net Present value for the following matters to check the feasibility of the replacement of an 8 year old riveting machine with the new one :

Let

A = Year (n)

B = Initial outlay

C = Five-year MACRS depreciation percentage

D = Depreciation with MACRS Method (D)

E = Savings in earnings before depreciation

F = Taxable Income (earnings before depreciation - depreciation

G = Income taxes (Taxable Income *40%)

H = \text{After-Tax Net} cash flow \text{(Taxable income - taxes + depreciation)}

I = PV of \text{Net cash flow} at the rate 12\%= NCF/ (1+WACC\%)^n

A          B          C          D             E            F             G             H              I

0      82,500                                                                        -82,500    -82,500

1                       20%   16500     27000   10500    4200     22800      20357.14

2                      32%   26400    27000    600         240      26760      21332.91

3                       19%   15675      27000  11325      4530      22470      15993.70

4                       12%   9900       27000  17100     6840      20160       12812.04

5                       11%    9075       27000  17925     7170      19830        11252.07

6                        6%   4950       27000   22050   8820     18180        9210.55

7                        0%    0             27000   27000   10800   16200       7328.06

8                        0%    0             27000   27000   10800   16200      6542.91

NPV                                                                                                    $22,329.39

As the NPV, the project is positive ($22,329.39) and so the company should replace the 8 year old riveting machine with the new one.

4 0
2 years ago
Suppose you have won a free ticket to see a Bruce Springsteen concert. This ticket has no resale value. Also suppose that U2 has
steposvetlana [31]

Answer: $72

Explanation:

Opportunity cost is the cost incurred or benefit foregone by selecting some other alternative which gives the some level of satisfaction.

It is totally depend upon the preferences of the consumers or individuals.

The opportunity cost of seeing Bruce Springsteen is $72(= $134 - $62) that is the difference between actual ticket price and willing to pay for U2 concert.

4 0
3 years ago
Which of the following is an example of how advanced technology has helped the modern economy ?
OlgaM077 [116]
Its between a an B  but i think its A
7 0
3 years ago
Debt Management Ratios You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc.), bot
Scrat [10]

Answer:

Please see attachment

Explanation:

Please see attachment

4 0
2 years ago
Joint _____ prepares individuals, joint forces, or joint staffs to respond to strategic, operational, or tactical requirements c
Masteriza [31]

Answer: Joint training

         

Explanation: In simple words, joint training refers to the process in which an organisation or an entity tries to persuade and influence the behavior of their staff by making teaching them any specific kind of technical skill.

    Such kinds of training are very common in defense forces such as military and police force, where team work and relative trust is of high importance. But these kinds of training are also used by other organizations in cases where the number of candidates is large and it is not possible to train each of them individually.

6 0
3 years ago
Other questions:
  • In September 2009 a U.S. investor chooses to invest $500,000 in German equity securities at a then current spot rate of $1.30/eu
    14·1 answer
  • Bark Company is considering buying a machine for $240,000 with an estimated life of ten years and no salvage value. The straight
    13·1 answer
  • Residual Disability Income pays funds to the insured, to make up for what the insured would have earned after returning to work,
    15·1 answer
  • Ravi, a young and enthusiastic employee, loved his job as a technical service executive. He enjoyed being creative and dealing w
    15·1 answer
  • Payroll records show employee earnings and any deductions from those earnings.<br> True<br> False
    13·1 answer
  • You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.08 and the total
    14·1 answer
  • ________ would be hurt by unexpected inflation. a. A firm that purchased inputs with a two-year contract b. A worker whose wage
    10·1 answer
  • The directors ofMaendeleo ltd have recently appointed an administrator to help rescue the
    11·1 answer
  • An increase in the price of a resource would cause
    6·1 answer
  • A marketplace extended beyond traditional boundaries and removed from a temporal and geographic location is called a(n):
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!