General technological advance is most likely to cause the production possibilities frontier to shift outward from a to b.
Technology has always been vital for organisations, but in recent years, that importance has increased significantly. By definition, technology is the practical application of scientific knowledge, and it is obvious that in order for businesses to remain competitive, they must adopt new technologies. The importance of new technology for organisations can be attributed to a number of factors. First, firms can improve their production and efficiency by utilising modern technologies. This is so that workers may concentrate on other duties because new technologies sometimes automate operations that were previously performed manually. Additionally, by lowering their dependency on costly manual labour, new technology can assist firms in saving money. Finally, firms can frequently access new markets and clients thanks to new technologies.
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Answer:
the breakeven cash inflow for the project is $131474
Explanation:
given data
cost of capital = 10 percent
initial investment = $1,000,000
useful life = 15 year
to find out
the breakeven cash inflow for the project
solution
first we consider here annual cash inflows that is = x
now break even point is the one at which the net present value of the project = 0
so we can say that here
Present value of cash inflows - Present value of cash outflows = 0 .................1
here we know Present value of cash inflows = x × PVAF ( 10%,15 years)
Present value of cash inflows = x × 7.6060
put value in equation 1 we get
x × 7.6060 - $1,000,000 = 0
solve and we get x
x = 
x = $131474
so the breakeven cash inflow for the project is $131474
Answer:
The answer is: D) Leasing a car so she can give up her bus pass
Explanation:
If Shereen wants to lower her monthly expenses, leasing a car will not help her. Usually taking a bus or any other type of mass transportation system is much cheaper than leasing a car and all the other expenses related to keeping a car running (e.g. gasoline, engine services, parking fees, etc.).
Answer:
They can be approved for loans.
They can receive lower interest rates.
They can use credit in emergencies.
Explanation:
Good credit history is a result of sound debt management habits. A person with good credit is disciplined in the use of credit facilities. They are characterized by
- They pay their debts on time.
- They do not miss installment payments.
- Are not overwhelmed by too many debts at a time.
Lenders consider an individual with good credit as low-risk customers. Due to this reason, they are advanced loans at lower interest rates. Customers with good credit get their credit approvals within a short period.
