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Mrac [35]
3 years ago
14

If improvements occur with any of the four factors of production what occurs with the real output?

Business
1 answer:
hammer [34]3 years ago
7 0

Answer:

c. it shifts to the right

Explanation:

Output refers to the total production in the economy. It is equivalent to the total quantity of goods and services supplied in the economy per period. The total output is equivalent to the aggregate supply. Therefore, the output curve will behave as the aggregate supply curve.

Favorable economic conditions increase the total output by firms. Improvement in factors of production will have the same effect as improvement in technology or reduction in taxes. A fall in the price of outputs will encourage more firms to produce more, making the curve to shift to the right.

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Eduardwww [97]

Zoom Video Communications is a platform that allows communication via the internet in real time, being a facilitating tool for business.

<h3 /><h3>How does innovation impact business?</h3>

It allows internal and external improvements to be incorporated, such as the digital age for example, which through the internet has revolutionized the way business can be carried out, with real-time communication regardless of geographic location.

Demographic changes are also a process resulting from the innovations that made globalization possible, making multicultural environments and businesses more focused on diversity.

Therefore, information technology was the factor that simplified the business sector by enabling greater reliability and speed in processes, generating more competitiveness for industries.

Find out more about Information Technology here:

brainly.com/question/984271

6 0
2 years ago
Melinda wants to set aside money for a long-term savings goal. She hopes to deposit
babymother [125]

Answer:

future savings

Explanation:

because at the end of the 5year saving she will be able get more interest on her saving

8 0
2 years ago
How to take a picture and get an answer
KATRIN_1 [288]
Screen shot or take picture and make it an attachment to the duration
5 0
2 years ago
Sarah's Muffler Shop has one standard muffler that fits a large variety of cars. Sarah wishes to establish a reorder point syste
fenix001 [56]

Answer:

Best reorder size = 216

Reorder point = 35

Explanation:

Required:

Using the above information, find the best order size and the reorder point.

To find the best order size, EOQ, use the formula:

EOQ = \sqrt{\frac{2DS}{H}}

= \sqrt{\frac{2*3500*50}{0.25*30}}

= \sqrt{\frac{350000}{7.5}}

= 216.02

Best reorder size is 216 mufflers

To find the reorder point, use the formula:

R = d' L + z \sigma_L

Where d' = average daily demand

L = lead time in days

z = number of standard deviation from a specified probability

\sigma_L = standard deviation of usage in lead time

Daily demand, d'= \frac{3500}{300} = 12

12 mufflers

Since lead time is 2 working days, standard deviation of lead time \sigma_L = \sqrt{2} * 6 = 8.48

Therefore,

R = d' L + z \sigma_L

= (12 * 2) + (1.28 * 8.48)

= 24 + 10.9

= 34.9

Approximately 35

Reorder point is = 35 mufflers

8 0
2 years ago
Hunter Sailing Company exchanged an old sailboat for a new one. The old sailboat had a cost of $300,000 and accumulated deprecia
FinnZ [79.3K]

Answer:

a gain of $12,000 should be recorded on this exchange.

Explanation:

Hint : <em>Treat the Old Sailboat as if it was Sold for an Amount equal to the trade-in allowance since the transaction has commercial substance</em>

<u>Journal Entry to record the Exchange of the Old Sailboat</u>

Trade - In Allowance $192,000 (debit)

Accumulated depreciation  $120,000 (debit)

Sailboat - Cost $300,000 (credit)

Gain on Exchange of Old Sailboat $12,000 (credit)

8 0
3 years ago
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