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Novay_Z [31]
11 months ago
11

the creation of new products and production methods that completely destroys the market positions of firms that are wedded to ex

isting products and older ways of doing business is called .
Business
1 answer:
aliya0001 [1]11 months ago
4 0

Creative destruction is the creation of new products and production methods that completely destroy the market positions of firms wedded to existing products and older ways of doing business.

Creative destruction is the constant process and product innovation mechanism through which new production models replace obsolete ones. This restructuring process pervades the main features of macroeconomic performance, including lengthy growth and changes in the economy, structural adjustment, and factor market functioning.

Over time, the practice of creative destruction is responsible for more than half of all productivity growth. Restructuring typically decreases during recessions at business cycle frequency, adding a massive expense to downturns. Obstacles to the creative destruction process can have serious long- and short-term macroeconomic consequences.

To learn more about creative destruction: brainly.com/question/15718116

#SPJ4

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PA5.
daser333 [38]

Answer:

Using weighted average method

Statement of equivalent units

                                                   Material    Conversion

                                                    Units         Units

Units transferred out                   19,000       19,000

Add: Closing work-in-progress   <u> 6,000 </u>      <u> 1,800</u>

Average divisor                            <u> 25,000 </u>    <u>20,800</u>

                        Computation of cost per unit

                                                              Material   Conversion

                                                                   $               $

Cost of beginning work-in-progress   10,000      19,000

Cost added                                           <u> 50,000 </u>   <u>112,248</u>

Total cost                                               <u> 60,000 </u>   <u>131,248</u>

Material cost per unit = <u>$60,000</u>

                                         25,000 units

                                    = $2.40 per unit

Conversion cost per unit = <u>$131,248</u>

                                            20,800 units    

                                          = $6.31 per unit

 Value of units transferred out

  Material = 19,000 x $2.40  = $45,600

  Conversion = 19,000 x $6.31 = $119,890

  Value of closing work-in-progress

 Material = 6,000 x $2.40 = $14,400

  Conversion = 1,800 x $6.31 = 11,358

           

Explanation:

In this case, we need to prepare statement of equivalent units in order to ascertain the average divisor. The average divisor is the sum of units transferred out and closing work-in-progress. Then, we will obtain the total cost of material and conversion, which is the aggregate of cost of opening work-in-progress and cost of units added. We will also calculate the cost per unit, which is total cost of material and conversion divided  by average divisor. Finally, the units transferred  and ending work-in-progress will be valued at unit cost of material and conversion.                                

8 0
3 years ago
What does it mean to set up an ""automatic deposit"" and why is this a good savings strategy?
Anna71 [15]

Answer:

It is an Eletronic Payment Method

Explanation:

An automatic deposit is a payment processing option where funds are deposited directly into the recipients' bank account. It is an electronic service applied in paychecks, tax refunds, and pensions. Individuals can set up such a service with their banks or employers.

As a saving strategy, an employee instructs the employer to make automatic payments to their savings account. The employee will decide the amount they want to save. The amount is deducted from their pay and send to their savings account. Business people can also instruct their bank to deduct a certain amount from the business account and send it to their savings account.

This strategy is suitable for saving because it's efficient. The amount meant for savings will not be available for other purposes. The automatic deposit system ensures the amount intended for saving is saved.

5 0
3 years ago
Dora earns 50,000 a year at her johs. when she was given a raise of 5,000 her spending increased from 50,000 to 54,000 calvulate
weqwewe [10]
Given:
ΔY = $5,000, the change in income
ΔS = 50,000 - 54,000 = - 4,000, the change in savings.

By definition,
MPS (Marginal Propensity to Spend) is
MPS = ΔS/ΔY = -4000/5000 = -0.8

The relation between MPS and MPC (Marginal Propensity to Consume) is
MPS + MPC = 1.
Therefore
MPC - 0.8 = 1
MPC = 1.8

Answer:
MPS = 0.8
MPC = 1.8


5 0
3 years ago
Read 2 more answers
Otto and Monica are married taxpayers who file a joint tax return. For the current tax year, they have AGI of $99,600. They have
trapecia [35]

Answer: $129480

Explanation:

Based on the information given, the amount of their AMTI will be calculated as:

AGI = $99600

Add: Excess Depreciation on Real Estate = $59760

Less: Mortgage Interest Expenses = $19920

Less : Charitable Contribution = $9960

AMTI = $129480

7 0
2 years ago
When a single broker represents both parties in a real estate transaction, a _______ agency may exist.
Nataliya [291]

Answer:

Dual

Explanation:

real estate transaction,which is used to convey ownership of a particular property to the buyer whereby there is a mutual agreement on some terms. The contract may be long it in shirt time.the end process is usually reffered to as “closing,” and this is a term that explains that both parties need to fulfill all terms and conditions that is associated with the exchange.

It should be noted that When a single broker represents both parties in a real estate transaction, a dual agency may exist.

7 0
2 years ago
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