All categories

3 years ago

What kind of technology refers as local technology or indigenous technology ?

Business

1 answer:

GalinKa [24]3 years ago

7 0

Answer:

Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.

You might be interested in

(Scenario: Assets and Liabilities of the Banking System) According to the Scenario: Assets and Liabilities of the Banking System

Phantasy [73]

If the banking system does NOT want to hold any excess reserves, $250,000 will be <u>added </u>to the money supply.

<h3>What is an excess reserves?</h3>

Excess reserves is known to be the capital reserves that is said to be held by a bank or financial institution and it is one that is too much or is in excess of what is needed by regulators, creditors, or others.

Since there is $25,000 worth of U.S. Treasury bills, one will multiply it times 10 = $250,000

Therefore, If the banking system does NOT want to hold any excess reserves, $250,000 will be <u>added </u>to the money supply.

Learn more about excess reserves from

brainly.com/question/17099821

#SPJ12

7 0

2 years ago

Future changes in automobile technology are likely to include

s2008m [1.1K]

Answer: Flying cars??

Explanation: Im 99.9% sure it will happen.

8 0

2 years ago

Assume for Guatemala that the domestic price of coffee without international trade is higher than the world price of coffee. Thi

Marina CMI [18]

Answer:

other countries have a comparative advantage over Guatemala in the production of coffee, and Guatemala will import coffee.

Explanation:

This question is incomplete. Please check the attached image for a complete question.

A country has comparative advantage in the production of a good or service If it produces the good or service at a lower opportunity cost when compared to its trading partners.

The price of Guatemala's coffee is higher when compared to the world price of coffee without international trade. It shows that Guatemala doesn't have a comparative advantage in the production of coffee. Guatemala should stop producing coffee and import instead. This would enable Guatemala focus more resocurces on the production of good for which it has comparative advantage.

I hope my answer helps you

3 0

3 years ago

3m is a master of the __________ pricing strategy. according to a 3m manager, "we hit fast, price high, and get the heck out whe

Alex777 [14]

E

I hope this helps and have a wonderful day filled with joy!!

<3

5 0

3 years ago

Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month

julsineya [31]

Answer and Explanation:

a. The preparation of the cost of goods manufactured statement is as follows:

Opening work in process $119,760

Direct Material

Opening inventory $178,750

Add: Material Purchased $343,200

Cost of Materials Available $521,950

Less: Ending Inventory -$151,940

Cost of Direct Materials Used $370,010

Direct Labor $321,750

Factory Overhead:

Indirect Labor $34,320

Machinery Depreciation $20,740

Heat, Light and Power $7,150

Supplies $5,720

Property Taxes $5,010

Miscellaneous Costs $9,300

Total Factory Overhead $82,240

Total Manufacturing Costs Incurred $774,000

Total Manufacturing Costs $893,760

Less: Ending Work in Process $101,800

Cost of Goods Manufactured $791,960

b. Now the cost of goods sold is

Cost of Goods Sold= Cost of Goods Manufactured + Beginning Finished Goods - Ending Finished Goods

= $791,960 + $91,160 - $103,320

= $779,800

5 0

2 years ago

What kind of technology refers as local technology or indigenous technology ?​

What kind of technology refers as local technology or indigenous technology ?