Answer:
Created, since the dislocated labor and resources are absorbed by new firms created through the technological innovation, moving them to higher value use.
Explanation:
Technological advancement results in more efficient processes that requires a unique expertise along with higher compensation.
In this scenario labour is disengaged from closed businesses and some were laid off.
These disengaged workers will eventually develop skills that will give them employment in the technologically advanced companies.
Since wages are higher in these companies, there will be an increase in the wealth of workers.
For example a factory worker in production line is paid less than a software engineer. This is because the work of a software engineer is more specialised and therefore higher paying.
Solution:
S.NO. Accounts title and Explanations Debit Credit
1 Cash $25,000
Accumulated Depreciation- Machine A $63,960
Gain on Dispose: $10,400
Machine A $78,560
Accumulated Depreciation - Machine B $16,500
Loss on Disposal $10,700
Machine B $27,200
Note: -When the net value of the commodity disposed of is smaller than the amount paid, there is a benefit. If the worth of the book is MOT, there is a cost.
Answer:
Parietal, temporal
Explanation:
The parietal association area is responsible for perceiving and attending to stimuli, and the temporal association area is responsible for identifying them.
Answer:
b. an economic profit of 100%.
Explanation:
A monopoly is when there is only one firm operating in the industry. There are high barriers to entry of firms in a monopoly. Profit is maximised where MR = MC.
Economic profit is affected by the entry or exit of firms into the industry in the long run. Due to the high barriers to entry, a monopoly earns economic profit in the long run.
I hope my answer helps you
Answer:
true
Explanation:
the formula used to determine the break even point in units is:
- break even point in units = total fixed costs / contribution margin
where contribution margin = selling price - variable costs
The break even point refers to the output level where revenues = costs. Any output level above the break even point results in profits for the company, while any output level below the break even point results in losses.
