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3 years ago

Why did a division of labor occur when people started to produce a surplus of food

1 answer:

7 0

Simple answer is efficiency.

More output can be produced if labour specialised and focused on a particular activity.

One due to the time saved from switching tasks and secondly getting better (and faster) at what they do.

This leads to two outcomes.
1. Lower average costs of production
2. Greater output.

You might be interested in

Lycan, Inc., has 7.9 percent coupon bonds on the market that have 6 years left to maturity. The bonds make annual payments and h

eimsori [14]

Answer:

$912.68

Explanation:

Particulars Time PVF at 9.9% Amount Present Value

Cash Flows (Interest) 1.00 0.9099 79.00 71.88

Cash Flows (Interest) 2.00 0.8280 79.00 65.41

Cash Flows (Interest) 3.00 0.7534 79.00 59.52

Cash Flows (Interest) 4.00 0.6855 79.00 54.15

Cash Flows (Interest) 5.00 0.6238 79.00 49.28

Cash Flows (Interest) 6.00 0.5676 79.00 44.84

Cash flows (Maturity) 6.00 0.5676 1,000.00 <u>567.60</u>

Intrinsic Value of Bond or Current Bond Price $<u>912.68</u>

Thus, the Current bond price is $912.68

5 0

3 years ago

1. One of the major changes resulting from managed care is the requirement of providers to assume accountability for: A. The tre

11111nata11111 [884]

Answer:

The correct answer is B) The appropriateness of interventions

Explanation:

Managed care is evolving in many countries around the world.

One of the ways in which changes are becoming more prevalent is in the managed care industry is that due to competition, that players are beginning to take seriously the quality of health care being given to enrollees.

All of this is happening simultaneously with the bid to provide these services at the lowest cost possible with providers playing for marketing share.

In Managed care, if customers are treated fairly, they are most likely to return thus creating the possibility for sustained organic growth.

Cheers!

4 0

3 years ago

"A user complains that his computer is taking a long time to boot. During the boot process, you observe that the hard drive acti

MArishka [77]

Answer:

You should add an identical hard drive, and configure a RAID-0 volume.

Explanation:

7 0

4 years ago

g Robert Hitchcock is 40 years old today and he wishes to accumulate $500,000 by his 65th birthday so he can retire to his summe

Mariana [72]

Answer:

The correct answer is $6934.48.

Explanation:

According to the scenario, the given data are as follows:

Time period ( 41 - 64 years) (n)= 24 years

Rate of interest (r) = 8%

Future value (FV) = $500,000

Annual deposit amount = P

So, we can calculate the annual deposit amount by using following formula:

FV = P × (1+r) × [{ (1+r)^n - 1} ÷ r]

By putting the value, we get

$500,000 = P × ( 1 + 0.08) [{ (1+0.08)^24 - 1} ÷ 0.08]

$500,000 = P × ( 1.08) [{ (1.08)^24 - 1} ÷ 0.08]

$500,000 = P × ( 1.08) [{ 6.34118073724 - 1} ÷ 0.08]

$500,000 = P (72.1035)

P = $500,000 ÷ 72.1035

P = 6934.48

8 0

3 years ago

Bella Vista Company enters into a contract to build custom equipment for ABC Carpet Company. The contract specified a delivery d

geniusboy [140]

Answer:

recognized on March 31 after the delivery of the equipment

Explanation:

Revenue is recognized once the recognition criteria is met. These criteria includes;

the cost of the item sold can be measured reliably
the items has been delivered or the service has been rendered

Given that the contract specified a delivery date of March 1.

The equipment was not delivered until March 31 and as such, the revenue for the contract should be recognized on March 31 after the delivery of the equipment.

6 0

3 years ago