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svetlana [45]
4 years ago
10

Because the cost of data processing, storage, and communications is essentially zero, any routine skill can and will be ________

.
Business
1 answer:
Lera25 [3.4K]4 years ago
5 0

<span>Because the cost of data processing, storage, and communications is essentially zero, any routine skill can and will be outsourced to the lowest bidder. This states the Moore’s law. Moore’s law was an observation of Mr. Gordon Moore. In Moore’s law, he observed that every two years the number of transistors will be doubled. In this law, it explains how the CPU speeds doubled over the year.</span>

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in most large cities there are a large number of bakeries. these bakeries produce similar, but not identical, products. some bak
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The bakery market in a large city is an example of Monopolistic competition.

Monopolistic competition exists when many companies offer competing products or services that are similar, but not perfect, substitutes. In this case, the bakeries in large cities that produce similar, but not identical products. The market structure is a form of imperfect competition.

Some of the characteristic of a monopolistic competition structure are;

The presence of many companies.

Each company produces similar but differentiated products.

Companies are not price takers.

Free entry and exit in the industry.

Companies compete based on product quality, price, and how the product is marketed.

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2 years ago
What describes the law of diminishing marginal utility
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Answer:

The law of diminishing marginal utility says that the marginal utility from each additional unit declines as consumption increases. 1. The marginal utility can decline into negative utility, as it may become entirely unfavorable to consume another unit of any product.

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When presenting an offer to a listing agent on behalf of a buyer, the buyer's agent must not
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To include a copy of the agent's buyer representation agreement with the offer.
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3 years ago
Peterson Furniture Designs is preparing the annual financial statements dated December 31. Ending inventory information about th
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Answer:

Written down value = $310

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The lower of cost or market

The lower of cost or market rule states that a business must record the cost of inventory at whichever cost is lower – the original cost or its current market price. This situation typically arises when inventory has deteriorated, or has become obsolete, or market prices have declined.

The schedule of workings is attached.

<u>Aligator armories </u>

Cost = 15

Market value = $12

Therefore, Market value will be selected, and the cost will be written down by $3.

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Cost = market value, therefore, no change.

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Cost = market value, therefore, no change.

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Cost = 10

Market value = $6

Therefore, Market value will be selected, and the cost will be written down by $4.

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4 years ago
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