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oksano4ka [1.4K]
3 years ago
6

Firms choose how to produce the goods and services they sell. In many cases, firms face a trade-off between using more workers o

r using more machines. For example, A. many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer machines and more workers and a production method in China that uses more machines and fewer workers. B. a local service station has to choose whether to provide car repair services using more diagnostic computers to support their auto mechanics and fewer tools to support their auto mechanics or more tools to support their auto mechanics and fewer diagnostic computers to support their auto mechanics. C. many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer workers and more machines and a production method in China that uses more workers and fewer machines. Your answer is correct. D. movie studios have to choose whether to produce animated films using more highly skilled animators to draw them by hand or fewer highly skilled animators and more low-skill animators.
Business
1 answer:
saveliy_v [14]3 years ago
6 0

Answer:

C) many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer workers and more machines and a production method in China that uses more workers and fewer machines.

Explanation:

American manufacturing jobs have been constantly decreasing for a little more than two decades now. Most people like to blame China and other countries for that decline, since they state that american production moved overseas. That statement is only partially true, but for the most part is false. The vast majority of American manufacturing jobs have been lost to automation.

Apple used to build computers in California, and it started assembling them again a few years ago, but the factories were completely automated. Some jobs are created, specially those related to maintenance and programming, but they aren't very many. Most large factories use more robots and less humans, and the tendency will only increase in favor of the robots in the future.

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lilavasa [31]
The answer will be B. It increased
8 0
3 years ago
Read 2 more answers
You want to invest in a project in Canada. The project has an initial cost of C$828,000 and is expected to produce cash inflows
tamaranim1 [39]

Answer:

C$24,650

Explanation:

initial cost C$828,000

net cash flows for years 1, 2 and 3 C$355,000

discount rate 12%

the net present value in C$ = C$355,000/1.12 + C$355,000/1.12² + C$355,000/1.12³ - C$828,000 = C$316,964 + C$283,004 + C$252,682 -  C$828,000 = C$24,650

Since we are asked to determine the NPV in Canadian dollars, all we need to do is carry out the same calculations as if they were any other currency. We do not need to make any adjustments due to the exchange rate between US dollars and Canadian dollars.

8 0
3 years ago
The stockholders' equity of Verrecchia Company at December 31, 2013, follows:
liq [111]

Answer:

Verrecchia Company

Financial Statement effects:

1. Jan. 5 Issued 10,000 shares of common stock for $12 cash per share:

Assets (Cash) would increase by $120,000

Equity (Common Stock) would increase by $120,000

2. Jan. 18 Repurchased 4,000 shares of common stock at $15 cash per share.

Assets (Cash) would decrease by $60,000

Equity (Common Stock) would decrease by $60,000

3. Mar. 12 Sold one-fourth of the treasury shares acquired January 18 for $18 cash per share.

Assets (Cash) would increase by $18,000

Equity (Common Stock) would increase by $18,000

4. July 17 Sold 500 shares of the remaining treasury stock for $13 cash per share.

Assets (Cash) would increase by $6,500

Equity (Common Stock) would increase by $6,500

5. Oct. 1 Issued 5,000 shares of 8%, $25 par value preferred stock for $35 cash per share.

Assets (Cash) would increase by $175,000

Equity (Preferred Stock) would increase by $125,000

Equity (Additional Paid-in Capital - Preferred) would increase by $50,000

Explanation:

The Financial Statement effects of each transaction is a reflection of how each transaction affects at least two opposite elements of the financial statement.  Every transaction affects the elements of the financial statement in one way or another, which enables the accounting equation to remain in balance.

For example, a transaction may increase the assets and also increase either the liabilities or equity side of the balance sheet.

In our example, the transactions affected only the balance sheet.  This means that each transaction increases or decreases the assets, liabilities, or equity sections.

5 0
3 years ago
Loss of network audience and the rise of cable have resulted in a new way for affiliates to receive compensation. _____________
murzikaleks [220]

Answer:

The correct answer is letter "C": Reverse compensation.

Explanation:

Reverse compensation is the practice by which television stations pay a television network for its affiliation to the network. This approach performed in the <em>U.S. broadcasting system</em> is called reverse because it aims to compensate networks for the advertising time used by the television stations while their programming is on the air.

5 0
3 years ago
Over the last week, you had 50 customers who bought a total of 40 hotdogs at $2.00, 10 grilled cheeses at $4.00, and 5 cheesebur
kobusy [5.1K]

$3.20

Take the total sales divided by total customers.

Sales of hotdogs 40* $2 = $80

of grilled cheese 10* $5 = $50

of cheeseburgers 5 * $6 = $30

Total sales $160/50 customer = $3.20/per customer

4 0
3 years ago
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