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galben [10]
3 years ago
13

Without technological advancement, how can a nation achieve economic growth

Business
2 answers:
vovikov84 [41]3 years ago
5 0

Without technological advancement, a nation achieve economic growth through an increase in supplies of factors of production. Economic growth would be achieved if the factors are available in sufficient quantity and at lower price. This situation sill lead to increase in production. This would increase the supply of a product in the market which will result in economic growth.

mario62 [17]3 years ago
4 0
<span>Any nation can achieve economic growth by increasing the supplies for factors of production even without any technological advancement. These factors of production includes the resources and the services that are used for production like the investments, land, labor and management. If there is a strong establishment of Law in the country that can lead to economic growth as well.</span>
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In the RST partnership, Ron's capital is $80,000, Stella's is $75,000, and Tiffany's is $50,000. They share income in a 3:2:1 ra
uysha [10]

Answer:

C. Stella, Capital will be debited for $4,000.

Explanation:

As for the provided information, we have,

Out of all the partner's Tiffany is retiring.

Tiffany's capital balance = $50,000

On his retirement he is paid $60,000

Since no goodwill is recorded, the excess amount paid over capital = $60,000 - $50,000 = $10,000, will be debited in remaining partner's ratio.

Ron's share in these $10,000 = $10,000 \times 3/(3+2) = $6,000

Stella's share = $10,000 \times 2/(2+3) = $4,000

Thus, Correct answer is debiting Ron's capital by $6,000 and Stella's capital by $4,000

3 0
3 years ago
The executives of bluewind products inc., a large conglomerate, are making decisions on the stages of the industry value chain t
finlep [7]
I think the appropriate response is the boundaries of the firm. It is exercised in the vertical chain a firm ought to perform itself and which it ought to buy from autonomous firms in the market. Specifically, the most powerful work amid the most recent two decades on why firms exist, and what decides their limits, has been fixated on what has come to be known as the ''hold-up issue.
6 0
3 years ago
Many consumers consider goods X and Y to be complements. If there is an increase in the price of good X, then (all else the same
Lemur [1.5K]

Answer:

False

Explanation:

Complement goods are goods that are consumed together.

If the price of good X increases, producers would increase their supply of good Y and X.

An increase in supply shifts the supply curve to the right.

I hope my answer helps you

5 0
3 years ago
In a forecasting model using simple moving average, the shorter the time span used for calculating the moving average, the close
horsena [70]

It is true that ''In a forecasting model using simple moving average, the shorter the time span used for calculating the moving average, the closer the average follows volatile trends''.

There are three fundamental categories: causal models, time series analysis and projection, and qualitative approaches. The first makes use of qualitative data (such as the judgement of experts) and details about noteworthy occasions of the sort already discussed, and may or may not take historical factors into account.

Although there are many commonly used quantitative budget forecasting tools, in this article we concentrate on the top four techniques: Straight-line, moving average, simple linear regression, multiple linear regression, and straight-line.

The Global Forecast System (GFS) of the National Weather Service and the European Center for Medium-Range Weather Forecast (ECMWF) model are the two most well-known NWP models. The American and European models are other names for them.

Learn more about forecasting model:

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4 0
1 year ago
One way to think about free cash flow is that if the amount were withdrawn, it would harm the firm's ability to operate and to p
vfiekz [6]

The given statement "One way to think about free cash flow is that if the amount were withdrawn, it would harm the firm's ability to operate and to produce future cash flows" is FALSE.

Explanation:

Free flow of cash is the cash produced by an enterprise, less than the cost of asset spending. Free cash flow is the remaining cash after a corporation pays the operating costs and the equity, also called CAPEX.

FCF conflates net income through adjustments to non-cash spending, working capital shifts and capital expenditure.

The FCF is prone to volatility rather than net income as an indicator of profitability.

Nonetheless, FCF can expose basic problems until they emerge from the income declaration as a additional tool for analysis.

4 0
3 years ago
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