1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
EFG Company experienced a reduced demand for its products during a recession. EFG managers were considering laying off some work
Yuliya22 [10]

Answer:

A) experience rating.

Explanation:

In Insurance, An experience rating is a rating method used by the insurance company to calculate workers' compensation insurance and to determine the amount of loss that an insured party experiences compared to the amount of loss that similar insured parties experienced.

EFG Company's managers could use it to calculate their experience modification factor i.e premiums up or down.

7 0
3 years ago
Nataraj​ (2007) finds that a 100100​% increase in the price of water for heavy users in Santa Cruz caused the quantity of water
kakasveta [241]

Answer:

In percentage terms It wil lbe an increase of 60%

Explanation:

We will calculate as follow:

currently the revenue is 1.55

if the price goes up to 3.10 the demand falls by 20%

so we are reducing sales revenue by 20%

3.10 x ( 1 - 20%) = 3.10 x 0.8 = 2.48

Now we can calculate the percent of change in the water expenditure:

2.48/1.55 - 1 = 0.60

In percentage terms It wil lbe an increase of 60%

4 0
3 years ago
Aperture Science relies on its employees to provide innovative ideas for new educational products. To foster intrinsic motivatio
MrMuchimi

To foster intrinsic motivation in its workforce, Aperture Science should give employees a "free day" every two weeks to pursue ideas for new educational toys.

<h3><u>What is intrinsic motivation?</u></h3>
  • Behavior that is motivated by internal rewards is referred to as intrinsic motivation. In other words, you are motivated to act in a certain way because it makes you feel good inside.
  • Compare this to extrinsic motivation, which entails acting in a certain way to obtain benefits from outside sources or avoid punishment.
  • You are operating out of intrinsic motivation if you are reading this article because you are interested in psychology and just want to learn more about the subject of motivation.
  • However, you might be reading this because you need to study for a class and don't want to get a failing mark. If so, extrinsic motivation is driving your actions.

Many businesses encourage their employees by allowing them free time to pursue their interests. Making time for enjoyable tasks has been proved to increase employees' feelings of autonomy and to be a fantastic source of invention.

Know more about intrinsic motivation with the help of the given link:

brainly.com/question/3143857

#SPJ4

7 0
2 years ago
Oliver Industries is evaluating the manufacturing process for one of their products. Oliver has determined that the process has
kifflom [539]

Answer:

b) has sunk costs of exist6,000.

Explanation:

The cost which already been incurred and does not effect the decision being made. This cost is prospective cost. It can be avoided in decision making process.

Sunk Cost

Upgradation of Equipment = $6,000

Other cost are the routine costs which incur every year and future cost which is expected to be incur.

6 0
3 years ago
How do externalities encourage/discourage descions that we make?
Leno4ka [110]
I think our decisions are most profoundly made up based on individual moral and values. So the extend to which an individual applies a moral analyses of the impact of producing or consuming a particular good or service on the next person they are most likely to be informed on the decision to make.
6 0
3 years ago
Other questions:
  • Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting,
    14·1 answer
  • Felicia knits scarves and sells them to her friends. The first week, she knits four scarves and sells three for $50 each. The ne
    15·2 answers
  • Newspaper 14 think and review
    11·1 answer
  • A technology company that makes computers for professional use is trying to segment its customers. The company asked some profes
    7·1 answer
  • An externality arises when a firm or person engages in an activity that affects the wellbeing of a third party, yet neither pays
    10·1 answer
  • In what part of the circular flow model do households provide services to and receive payments from firms? Economic development
    10·1 answer
  • In _____, organizations receive feedback from the external environment regarding the value of their outputs, the availability of
    11·1 answer
  • g Which of the following are the three factors used to determine a company's credit rating? Its current ratio, its debt-to-equit
    9·1 answer
  • Rashid, the CEO of Top Productions, said to his new vice president of accounting, "In the past I had resistance to new ideas by
    7·1 answer
  • In a production process new raw materials are considered_____ whereas the finished products are considered______
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!