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
True [87]
3 years ago
12

Certain industries of the U.S. economy, such as farming and heavy equipment manufacturing, have experienced a significant declin

e in employment. Which of the following best explains this job loss?
Business
1 answer:
Zolol [24]3 years ago
7 0

Answer:

B. Workers lost these jobs because technological advances increased productivity.

Explanation:

The employees lost employment due to the increased efficiency of technological progress. By improving the productivity of manufacturing drivers, technological advancement expands an economic limit on the possibility of production, allowing equivalent output to be manufactured with fewer resources or more output to be manufactured with the same quantity of resources. For example a machine component that takes 5 men to lift and 10 to assemble in 5 minutes just takes a single machine that doesn't receive wages apart from lubricant a minute to lift and assemble perfectly. Definitely machines are replacing humans to increase efficiency and productivity. Only few humans are employed to supervise and monitor.

You might be interested in
On May 1, 2015, Pinkley Company sells office furniture for $300,000 cash. The office furniture originally cost $750,000 when pur
Aliun [14]

Answer:

a. $22,500

Explanation:

The computation of the depreciation expense using the straight line method is shown below:

= (Original cost - salvage value) ÷ (useful life)

= ($750,000 - $75,000) ÷ (10 years)

= ($675,000) ÷ (10 years)

= $67,500

In this method, the depreciation is same for all the rest of the useful life

Now for 4 months, it would be

= $67,500 × 4 months ÷ 12 months

= $22,500

The four months is calculated from January 1 to May 1

4 0
3 years ago
If the owner contributes $19,400 and net income is $15,900, how much did the owner withdraw (owner, withdrawals)
NeX [460]

Answer:

The owner withdrew $8,300

Explanation:

As per given Data

_______________ Assets ____Liabilities

Beginning of Year: $25,000 ___$17,000

End of Year: _____$62,000 ___$27,000

First, we need to the Beginning and Ending Equity value using following formula

Equity = Assets - Liabilities

Beginning Equity = Beginning Assets - Beginning Liabilities

placing values in the formula

Beginning Equity = $25,000 - $17,000 = $8,000

Ending Equity = Ending Assets - Ending Liabilities

placing values in the formula

Beginning Equity = $62,000 - $27,000 = $35,000

Now use the following formula to calculate the amount of drawing

Ending Equity = Beginning Equity + Contribution + Net Income - Owner withdrawal

Placing values in the formula

$35,000 = $8,000 + $19,400 + $15,900 - Owner withdrawal

$35,000 = $43,300 - Owner withdrawal

Owner withdrawal = $43,300 - $35,000

Owner withdrawal = $8,300

3 0
2 years ago
Shida has had such great success with his IT consulting company for the last five years that he was able to pay himself a compet
s2008m [1.1K]

Shida is seen as potential entrepreneur according to the GEM study.

GEM study is conducted by Global Entrepreneurship Monitor that tracked rates of entrepreneurship.

  • The study conducted on Shisa as a IT Expert shows that the company tries to understand how his entrepreneur skills enables him to pay himself a competitive salary within the first 18 months.

Therefore, Shida is seen as potential entrepreneur according to the GEM study.

Read more about this here

<em>brainly.com/question/24003027</em>

8 0
2 years ago
What account is a affected when goods are sold on credit <br>​
katovenus [111]

Answer: account receivable account

Explanation:

The accounts receivable account simply refers to an asset account on the balance sheet which represents the money that is due to a business in the short term. It should be noted that the accounts receivables are created when goods are bought on credit by the buyer.

In such case, when the goods are sold on credit to the buyer, this will lead to a debit on the account receivable account and this will bring about an increase to the company's assets.

7 0
3 years ago
Telefonica Brasil Customer-Retention Program. Telefonica Brasil is one of the largest telecommunications companies in Brazil. It
leva [86]

Answer:

a.

Explanation:

Every customer matters, not only should a company focus on her seemingly high-value customers but also on their seemingly low-value customers.

Hence to ensure the retention of their customers and not lose them to competitors, the company should use the customers' data record to provide special retention offers for them to continue as customers.  

Every dollar counts, and no customer can be said to remain forever or leave soon, therefore each of these customers should be treated equally to maximize profit for the company both now and in the long run.

6 0
3 years ago
Other questions:
  • Within its human resource​ department, hoosier enterprises has a vice president of human​ resources, a director of human​ resour
    11·1 answer
  • accountant for Huckleberry... The accountant for Huckleberry Company is preparing the company's statement of cash flows for the
    9·1 answer
  • On April 1, the price of gas at Bob’s Corner Station was $3.80 per gallon. On May 1, the price was $4.30 per gallon. On June 1,
    10·1 answer
  • The following information was obtained for the grinding department of Harlan Company for May:
    6·1 answer
  • During the current year, a parent sold inventory priced at $800,000 to its subsidiary, and the parent’s profits on these sales a
    9·1 answer
  • An insurance company estimates its objective risk for 10,000 exposures to be 10 percent. Assuming the probability of loss remain
    9·1 answer
  • Eclipse Solar Company operates two factories. The company applies factory overhead to jobs on the basis of machine hours in Fact
    7·1 answer
  • The following information about the payroll for the week ended December 30 was obtained from the records of Boltz Co.:Salaries:
    14·1 answer
  • On August 1, 2020, Jose purchased and placed in service a building that cost $1,200,000. An appraisal determined that 25% of the
    15·1 answer
  • How are safety and cost affected by the use of informatics at the point of care? Give two to three specific examples.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!