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Brrunno [24]
3 years ago
10

A new technological breakthrough increases production for an industry and shifts the supply curve to the right. If the firm ____

____, then the firm will likely be happy about this new technology.
Business
1 answer:
dezoksy [38]3 years ago
7 0

Answer:

Produces products that are considered elastic

Explanation:

Technological changes is one of the key determinant of the supply and we know that technological advancement in the production of a particular commodity will lead to increase the production level of the firm. This will lead to shift the supply curve rightwards, which increases the equilibrium quantity and decreases the equilibrium prices.

Hence, if the demand for the products is elastic then the total revenue of the firm increases because this firm has the more quantity effect than the price effect, so this will increase the firm's profit.

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Law is a practical discipline; theory has no place in law. With specific references to the Law of Contract, discuss. The APA ref
RoseWind [281]

Answer:

Following are the responses to the given question.

Explanation:

In this question,  I would have to claim the contrary. Most laws were drafted by attorneys or judges, etc. These individuals utilized legal philosophy to justify or justify the bills which we presented. Instances are indeed the criminal code: Why then is insanity defending several crimes?? As a rule, criminal culpability can be granted if there is a criminal view. The theory for insanity as an excuse is that he had no power or just didn't need to do the crime, but he did the crime without a convict. Its logic leads lawmakers and make allowances, for instance, insanity, of criminal liability.

Moreover, because courts are subjective, judgments are dependent on various legal arguments. An instance: Which concept would the Court decide when the nature of a contractual has been in dispute? There is indeed a widely cited case in Israel wherein the courts chose the extremely intrusive adaptive paradigm — courts based the judgments on doctrines of laws that favored justice so over privity of association. I also heard a few oral statements both from judges as well as the board, and also have drawn examples such which I have given up beyond prejudice. Contract terms also have their very own laws of construction and interpretation.

And when a discrepancy arises regarding the agreements' vocabulary we do not use theory but use the terms of rational thinking to decide whatever the agreement means. An important precedent based on the legal principle has been determined here (most precedents are identical). Nonetheless, inside the field in the law of contract, I guarantee theory. In addition to assessing the violation of the contract or not, also there are conflicting views on whether an occurrence leads to a breach (or it may not) of intentions.

As for myself, I was only hoping how an adverse usage case would've been filed over a rather long time with no refund of the copyright or royalty to get a patented or permitted content used by the claimant without the applicant's consent.

In the daily lives that law as a profession has many requirements. The law of contract throughout particular, the acts of people have come every day in much of the day. Element is indeed a relationship between two people that are legally enforced The principle of a valid contract, consideration, contractual capabilities, minor contract capacities, etc. is commonly applied in everyday life Personally, I was only hoping that an unfair use lawsuit would be lodged over a very long time without any reimbursement of both the license and royalty to get a patented or licensed material used by the claimant without applicant's permission.

In the daily lives, the profession as a profession has many criteria. The law of contract, in particular, the acts with people come daily throughout much of the day. A contract is a contract between two people that's also enforced by law The principle of a valid contract, consideration, contract capacities, minor contractual capabilities, etc. is widely applied in daily life This agreement is unique to the duties, at least in its traditional form, of the commitments, or contingent ones, which are the duties laid down by the parties' wishes. This article discusses its doctrinal and theoretical accounts of contract law, with particular emphasis on slavery and antitrust, contract law as well as the partnership between two neighbors. Law is a complicated field because the type of hard is a science linked to such professions, areas, or professions. Each profession or job does have its legislation. The Law LinkedIn profile and all of their measures and practices.

Justice is a philosophy of action, since it must be enforced, regardless of what it is (Justice) there are many other exceptions. In an example, if anything takes place in a contract it has to be made in line with the regulations to use LAW OF CONTRACT as just a particular reference.

Following are the complete conclusion to the given question:

As short as they are, these comparisons can only provide some idea of how law studies can play a key role in many other university disciplines, as just a scientific subject. More maybe than for any physics research, legal scholars get a range of basic methods at the fingertips, regardless of whether that known as the core study of knowledge in its initial Platonic or Stoic frameworks. Aware of these different methods would enable them to interact with other areas, so in other fields of study, the law can be learned more effectively.

8 0
3 years ago
Which of the following data analysis models use optimization techniques? Group of answer choices Prescriptive analytics Predicti
schepotkina [342]

Answer:

Prescriptive analytics.

Explanation:

Prescriptive analytics can be defined as a type of data analysis model which typically comprises of descriptive data and forecasting techniques used for identifying the decisions that are most likely to yield an optimum or best performance.

Hence, prescriptive analytics is a data analysis model that use optimization techniques.

For example, prescribing a car that is capable of finding the best route for a road trip.

5 0
2 years ago
What is a specific set of organizational practices, policies, and programs, plus a philosophy that actively supports efforts to
katovenus [111]

The specific set of organizational practices, policies, and programs, plus a philosophy that actively supports efforts to help employees achieve success at both work and home considered is -work-life effectiveness. This is further explained below.

<h3>What is organizational practices?</h3>

Generally, An organizational practice is the habitual application of knowledge inside an organization for the purpose of carrying out a certain function. This application of knowledge has developed over the course of time as a result of the history, people, interests, and activities of the organization.

In conclusion, The precise combination of corporate practices, policies, and programs, plus a mindset that actively supports efforts to assist individuals to achieve success at both work and home regarded called -work-life effectiveness.

Read more about organizational practices

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4 0
2 years ago
Cinnamon Corp. started business in 2007, uses a periodic inventory system and uses the weighted average cost method. During 2007
Nesterboy [21]

Answer:

€4,883,000

Explanation:

The computation of cost of sales is shown below:-

Inventory = 35,000 ÷ €12

= 2,917 units

Weighted average cost of inventory

= (2,917 × €12) + (35,000 × €14)

=  €35,004 + €490,000

= €525,004

So weighted average cost = €525,004 ÷ €40,833.33

= €12.85

So, cost of sales = weighted average cost × sold units

= €12.85 × 38,000

= €4,883,000

3 0
3 years ago
A company's relevant range of production is 10,000 to 15,000 units. When it produces and sells 12,000 units, its unit costs are
DENIUS [597]

Answer:

Total indirect manufacturing cost= $75,450

Explanation:

Giving the following information:

12,000 units:

Variable manufacturing overhead $ 1.50

Fixed manufacturing overhead $ 5.00

<u>First, we need to calculate the total fixed manufacturing overhead:</u>

Total fixed overhead= 5*12,000= $60,000

<u>Now, for 10,300 units:</u>

Total indirect manufacturing cost= 60,000 + 10,300*1.5

Total indirect manufacturing cost= $75,450

7 0
3 years ago
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