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Taya2010 [7]
3 years ago
12

as the economy evolves the use of new technologies means the need for jobs in some industies disappear and there are new ______

in others.
Business
1 answer:
Hatshy [7]3 years ago
6 0

As the economy evolves the use of new technologies means the need for jobs in some industries disappear and there are new opportunities in others.

Explanation:

Some will benefit from technological developments and hurt others, but the overall employment rate will not be substantially affected in the longer term.

In order to reach some ultimate result, the development of technology can bring on many areas of know-how, including science, engineering, mathematics, linguistics, and history. Technology is sometimes a result of science and technology, even though technology precedes both fields as something of a human activity.

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8 0
4 years ago
Read 2 more answers
The gross margin ratio:
yaroslaw [1]

Answer:

The correct order of the question is below:

The gross margin ratio: 1- Is also called the net profit ratio. 2- Indicates the percent of sales revenue remaining after covering the cost of the goods sold. 3- Is also called the profit margin. 4- Is a measure of liquidity and should exceed 2.0 to be acceptable. 5- Should be greater than 1 for merchandising companies.

The answer is 2. Indicates the percent of sales revenue remaining after covering the cost of the goods sold.

Explanation:

Gross profit is the difference between cost of sales and net sales revenue and gross profit margin is calculated by gross profit divided by net sales revenue. It can be expressed as a percentage.

This margin is the first measure of profitability.

Option 1 is wrong. Net profit ratio is the ratio of net profit to sales revenue. Net profit is after all expenses and tax have been deducted from revenue.

Option 4 is wrong. This is not a measure of liquidity. Current ratio and quick ratio are a measure of liquidity.

Option 3 and 5 are wrong

5 0
3 years ago
What is a land as a factor of production
Lilit [14]

Answer:

see below

Explanation:

Land as a factor of production will comprise the natural resources found beneath, on, and above the earth's surface. Land will therefore include the fertile land/soils used for agricultural productions, minerals, oil and gas, forests, water, and the space used to put up factories and businesses.

Land consists mostly of natural resources occurring on earth. The other factors of production consist of capital, labor, and entrepreneurship.

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