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
pochemuha
3 years ago
5

An inventor in Burginville developed a fantastic new dictation machine that perfectly records speech and turns it into a typed d

ocument. Unfortunately, that meant that unemployment increased among typists working in offices. Which type of unemployment is this? Explain.
Business
2 answers:
MAVERICK [17]3 years ago
6 0

Answer:

Technological unemployment

Explanation:

Technological unemployment is a form of unemployment that arise as a result of improvement and development of new technologies.The aim is to improve the process of speed , labor saving and and quality and overall efficiency.

As it is known that a machine is capable of running production at a faster rate compared to human effort , therefore its introduction or upgrade leads to reduction in required human effort

The unemployment effect of the new dictation machine falls into this category.

Rasek [7]3 years ago
5 0

Answer:

This type of unemployment is called structural unemployment

Explanation:

Structural unemployment refers to the unemployment which happens due to a structural change in the economy, for instance, when there is a development of a new technology or industry. For example, when a person finds a cure for all dental diseases, and as a result, a dentist loses his/her job, this will lead to being structurally unemployed.

As we can see in the scenario presented above, the invention has cost the typists their jobs, and this is because there is a mismatch between the skills of the typists and the potentials offered by the invention.

You might be interested in
Judy has realized that she does not like working for others. She wants to open a business i n which she will have maximum contro
qwelly [4]

Answer:

<em>Sole proprietorship</em>

Explanation:

Judy has realized that she does not like working for others . She wants to open a business in which she will have maximum control and the least fro, government regulations . <u>Sole proprietorship</u> is best suited for Judy's needs.

<em>Sole proprietorship is the form of business in which a single person is responsible for all the decisions , that single person have full control over the business . </em>

Sole proprietorship is the form of business which is easy to form  with no legal formalities. There is a secrecy in Sole proprietorship . In  Sole proprietorship the interference of the government is minimum .Sole proprietorship facilitate quick decision making as he /she does not need to concern with others. In the sole proprietorship , the individual need not share his profit with other person . The overhead cost in Sole proprietorship is less.

In you need not to work under anyone, you just need to open it and run according to you , you have full control over it , as no one can say anything to you .

3 0
4 years ago
Sonny's BBQ Company recently issued $85 par value preferred stock that pays an annual dividend of $9. Analysts estimate that the
Bond [772]

Answer:

Intrinsic value=$73.77

Explanation:

<em>The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset.</em>

<em> According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return.</em>

Price = D/Kp

D- Dividend payable

Kp- cost of preferred stock

So will need to work out the cost of equity using CAPM

<em>The capital asset pricing model (CAPM)</em>: relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c  

This model is considered superior to DVM. Hence, we will use the CAPM

Using the CAPM , the expected return on a asset is given as follows:  

E(r)= Rf +β(Rm-Rf)  

E(r) =? , Rf- 2.4%, Rm- 12.1% β- 1.01

E(r) = 2.4% + 1.23×(12.1- 2.4)%  = 12.20 %

Cost of preferred stock= 12.20 %

Using the dividend valuation model

Intrinsic value = 9/0.1220=73.77

Intrinsic value=$73.77

5 0
3 years ago
What is the term for how much the insurance company will pay?
Annette [7]
C coverage because it’s money to pay for the accident etc.
4 0
3 years ago
Read 2 more answers
do you think that free enterprise encourage entrepreneurship? does entrepreneurship promote economic change? explain
lukranit [14]
Free enterprise pretty much says that people can sell whatever they want at a price they choose to whoever wants to but it. Becacuse of this people wanted to go out and make their own businesses where they sold the goods or services they chose to. So yes, I believe free market inspired people to become euntrapenures. For the next question, yes as well. With the amount of people selling different things the economy became more diverse. 
6 0
3 years ago
Read 2 more answers
The decline in unit costs of a product or service that occurs as the absolute volume of production increases is known as
leva [86]

Answer:

A. economies of scale.

Explanation:

The economies of scale is the scale where the company has the advantage of the cost that reaped by the organization in the case when there is an efficient production. It could be accomplished when the level of production or the volume of the production rises by lowering the cost

Therefore as per the given situation, the option A is correct as it fits to the current situation

Hence, the correct option is A.

4 0
3 years ago
Other questions:
  • Following up on bad news in writing is important to _________. a. promote good relations b. formally confirm follow-up procedure
    15·1 answer
  • Nathan noticed that a company that has great potential just declared a​ ________ because its stock price was getting too high fo
    11·1 answer
  • Why is it difficult to pay off debt and how can debt payments work against consumers?
    15·1 answer
  • Accruals recorded in the Salaries and Wages Expense and Salaries and Wages Payable columns of the balance sheet and income state
    13·1 answer
  • A famous quarterback just signed a contract for $18.6 million, providing $3.1 million a year for 6 years. A less famous receiver
    8·1 answer
  • The _____ key roles are the following: promote international monetary cooperation; facilitate the expansion and balanced growth
    12·1 answer
  • Elmo Johnson was late on his property tax payment to the county. He owed $7,500 and paid the tax four months late. The county ch
    15·1 answer
  • A home furniture store, David's Furnishings, lowers its prices below those of
    6·2 answers
  • In our newly networked world, reading is:
    11·2 answers
  • Why does a high percentage of body fat increase the intoxication rate?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!