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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.

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" One of the difficulties in measuring the effectiveness of IMC efforts is the _______________, where consumers do not act immed
omeli [17]

Answer:

lagged effect

Explanation:

Integrated marketing communication is one that involves the use of all form of communication to obtain a more effective promotion by a company.

The use of combination of promotion tools gives a better effect than each one in isolation.

A major difficulty in measuring IMC is the lagging effect.

Lagging effect is the difference in time between when marketing effort is made and when customers respond to these efforts.

For example consumers do not act immediately after receiving a marketing communication.

6 0
3 years ago
Nominal GDP is multiple choice 1 the sum of intermediate and final goods and services, whereas real GDP is the sum of final good
Alexus [3.1K]

Answer: b. market or money value of all final goods and services produced by the economy in a given year, whereas real GOP is adjusted for inflation

Explanation:

Nominal GDP for a given year refers to the final value of all goods and services in the country using the current year prices.

Real GDP however, makes it easier to compare the nominal GDP to past GDPs because it removes the effects of inflation by using prices from a base year to calculate GDP. This way it can be seen if the economy actually grew.

3 0
3 years ago
Production activities are done as needed in order to satisfy a specific demand.
worty [1.4K]

Hi there!

Usually, this is the case.  However, just like when hoverboards first came out, there was a shortage of hoverboards and production activities had to ramp up production.  However, after a few months, production activities were at a high level, but demand petered out.  

-AwesomeRepublic  :)

7 0
3 years ago
Managers at Umbrella Corporation, a firm in East Asia, want to make their company a global leader in business process outsourcin
dezoksy [38]

The should the Umbrella managers look for as they decide where to locate their BPO facilities is an abundance of well-educated English speakers.

<h3>What does well educated mean?</h3>

The term simply implies that a  person of this kind of nature  has a lot of knowledge about a lot of subjects, usually due to the fact that they have studied at college or university.

The speakers and writers of English who have been educated are known to be very verse in English and should be the one employed by this firm.

See options below

Multiple Choice

large, undeveloped plots of land for greenfield projects

many uneducated workers who are highly trainable

plentiful natural resources

an abundance of well-educated English speakers

Learn more about  English speakers from

brainly.com/question/26157848

8 0
1 year ago
How can the US of new technology in industry benefit workers
gogolik [260]

Answer:

not just pay them they can award them with extra credit?

Explanation:

4 0
3 years ago
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