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JulsSmile [24]
3 years ago
13

One consequence of automation is that producers need fewer                                                      

Business
2 answers:
lakkis [162]3 years ago
8 0

Automation in production and industry means that the production process is controlled and done by  computers or robots, and information technologies. The idea is to replace the human being and to decrease the number of human errors in the production process, but what is more important to make the process faster.  One consequence of automation is that producers need fewer workers.                                              


laiz [17]3 years ago
4 0
They need fewer workers
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Susan seller gave her agent a 60 days listing to sell her home for $200,000. the seller specified in the exclusions section of t
Kaylis [27]

Answer:

B) $647.47

Explanation:

The initial closing date was set for May 1st, but due to a problem with the buyer, it was moved to May 10th but that date was accepted by the seller. This means that the buyer should be responsible for the property taxes starting May 10th.

Property taxes per day = $1,832 / 365 days = $5.02 per day

Susan is responsible for paying 31 days in January, 28 days in February, 31 days in March, 30 days in April, and 9 days in May = 129 days x $5.02 = $647.47

The buyer is responsible for $1,184.53 in property taxes.

3 0
3 years ago
The winner of the first annual Tom Morris Golf Invitational won $115 in the competition which was held in 1901. In 2015, the win
pickupchik [31]

Answer:

$31,920,341.91

Explanation:

The computation is shown below:

For computing the receiving amount in 2052 first we have to determine the rate which is shown below:

Current value = Initial value × (1 + interest rate)^time period

$1,480,000 = $115 × (1 + interest rate)^114

So, after solving this, the interest rate is 8.654%

Now the received amount in 2052 is

= $1,480,000 × (1 + 0.8654%)^37

= $31,920,341.91

The time period is come from

= 2015 - 1901

= 114

And, the 37 years is come from

= 2052 - 2015

= 37

5 0
3 years ago
A firm produces and sells two products, Plus and Max. The following information is available relating to setup costs (a part of
Ad libitum [116K]

Answer:

Apportioned set-up cost

Plus =$21,600

Max=$43,200

Explanation:

Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers.  

<em>Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers. </em>

<em>The cost driver in this scenario is the number of set-ups</em>

Activity rate per driver is calculated as:  

Activity overhead for the period / Total cost drivers for the period

So, we can apply this formula to the scenario above:

Set-up overhead= $64,800

Total set-ups for the period = 20 + 40 = 60

Overhead cost per set-up = $64,800/60=1,080

Set-up cost allocation:

Plus - 20 × 1,080=$21,600

Max- 40 × 1,080=$43,200

Apportioned set-up cost

Plus =$21,600

Max-=$43,200

3 0
3 years ago
Alton Company produces metal belts. During the current month, the company incurred the following product costs: Raw materials $1
Dimas [21]

Answer:

Total indirect product costs                        $30,750

Explanation:

The indirect product costs refer to all the costs that are associated with the manufacturing overheads and can be calculated as follows:

Electricity used in the Factory                   $25,000

Factory foreperson salary                          $3,750

Maintenance of factory machinery            $2,000

Total indirect product costs                        $30,750

7 0
3 years ago
Amartya​ Sen, a professor of economics at Harvard and a Nobel​ Laureate, has​ argued: ​"For India to match China in its range of
poizon [28]

Answer:

Refer below.

Explanation:

Amartya​ Sen, a professor of economics at Harvard and a Nobel​ Laureate, has​ argued: ​"For India to match China in its range of manufacturing capacity... it needs a​ better-educated and healthier labor force at all levels of​ society." ​Source: Amartya​ Sen, "Why India Trails​ China," Wall Street Journal​, June​ 19, 2013. Education and health care are important for economic growth because:

India has had the option to encounter fast financial development since 1991 regardless of poor instructive and human services frameworks on the grounds that can accomplished a solid workforce has higher efficiency.

The legislature downsized focal arranging, diminished guidelines, and presented advertise based changes.

5 0
3 years ago
Read 2 more answers
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