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Andre45 [30]
1 year ago
10

The model of technological choice presented in unit 2 of the economy suggests that the main reason the industrial revolution fir

st occurred in britain was that:_____.
Business
1 answer:
Westkost [7]1 year ago
6 0

the main reason the industrial revolution first occurred in Britain was that in Britain the price of coal was low relative to labor. Thus, making everyone want to own and make products using the steam engine which ultimately created the first industrial revolution.

The Industrial Revolution, which took place between roughly 1760 and between 1820 and 1840, was the adoption of new manufacturing techniques in Great Britain, continental Europe, and the United States. This transition encompassed the switch from manual to mechanical production methods, the invention of new ways of producing chemicals and the iron, the expansion of steam and water power, the creation of machine tools, and the growth of the mechanized factory system.

#SPJ4

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Assume that the demand for bicycles increases significantly at the same time that there is an increase in the number of people q
yarga [219]

Answer: The quantity of labor increases, and the effect on the wage rate is indeterminate.

Explanation:

The supply of people who can make bicycles has increased at the same time the demand for bicycles has increased. The supply curve would therefore shift to the right and so would the demand curve for labor. They will intersect at a new point where the quantity of labor has now increased.

Unfortunately, the effect on the wag rate would be indeterminate because the wage rate might just stay the same on account of the supply increasing along with the demand instead of either of them increasing unilaterally. When tis happens, the change is said to be indeterminate.

6 0
3 years ago
As a contemporary manager, your employees will perceive that their opinions are more valued if: you provide settings where emplo
erma4kov [3.2K]

Answer:

 you provide settings where employees have the opportunity to converse with all levels of management.

Explanation:

In simple words, employees feel motivated and values when they fell involved in the decisions inside the organisation, as these decisions affects them too.

    Generally, the core decisions in any organisation are taken by top managers but they too are dependent on lower level managers for the data they receive. Hence, a network should be set for employees so they can give their suggestions to  all levels of managers.

6 0
4 years ago
You have decided to involve the sales personnel in planning for the change and in stocking appropriate new items to sell to gard
Vlad1618 [11]

Answer:

Letter B is correct. Participation

Explanation:

Employee participation in a changing situation is effective in breaking down resistance barriers.

When an employee feels part of a process of organizational change, he or she develops a sense of belonging, appreciation of his or her capabilities, which is an important factor in breaking insecurities and resistance to change.

6 0
4 years ago
Current information for the Healey Company follows:Beginning raw materials inventory $15,200 Raw material purchases 60,000Ending
suter [353]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Beginning raw materials inventory $15,200

Raw material purchases 60,000

Ending raw materials inventory 16,600

Total direct material used during the period= (15,200 + 60,000 - 16,600)= $58,600

Beginning work in process inventory 22,400

Ending work in process inventory 28,000

Direct labor 42,800

Total factory overhead 30,000

To calculate the cost of goods manufactured we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 22,400 + 58,600 + 42,800 + 30,000 - 28,000= $125,800

3 0
4 years ago
g Samco signed a 5​-year note payable on January​ 1, 2018​, of $ 475 comma 000. The note requires annual principal payments each
Tanya [424]

Answer:

B. a debit to Interest Expense for $ 42 comma 750.

C. a credit to Cash of $ 137 comma 750.

Explanation:

Payment of Note Payable includes the payment of interest on the outstanding balance and principal amount of the note. In this question it is the first payment of the note payable, so the outstanding balance is the face value of the note, Interest is calculated using this value, A fix payment of $95,000 is also made.

As per given data

Principal Payment = $95,000

First Interest payment = $475,000 x 9% = $42,750

Total Payment = $95,000 + $42,750 = $137,750

Journal Entry for first payment

Dr. Interest Expense $42,750

Dr. Not Payable         $95,000

Cr. Cash                     $137,750

6 0
3 years ago
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