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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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Nancy would like to double the money in her retirement account in five years. According to the rule of 70, what rate of interest
frutty [35]

Answer:

70/annual percentage

70/5=14

Explanation:

5 0
3 years ago
Deluxe Ezra Company purchases equipment on January 1, Year 1, at a cost of $469,000. The asset is expected to have a service lif
marissa [1.9K]

Answer:

to calculate depreciation using the sum-of-the-years'-digits method:

n(n+1) divided by 2 = [12(13)] / 2 = 78

depreciable value = cost - salvage value = $469,000 - $40,000 = $429,000

  1. depreciation year 1 = 12/78 x $429,000 = $66,000
  2. depreciation year 2 = 11/78 x $429,000 = $60,500
  3. depreciation year 3 = 10/78 x $429,000 = $55,000

the formula used to calculate depreciation using the double-declining-balance method is:

2 x cost of the asset x depreciation rate

  1. depreciation year 1 = 2 x $469,000 x 1/12 = $78,167
  2. depreciation year 2 = 2 x ($469,000 - $78,167) x 1/12 = $65,139
  3. depreciation year 3 = 2 x ($390,833 - $65,139) x 1/12 = $54,282
6 0
3 years ago
Can this economy produce 6 units of guns and 12 units of butter ? explain​
vlada-n [284]

Guns and butter are the example of production possibility frontier(PPF)

Explanation:

Production possibility frontier is a graphical presentation that shows two goods combination and shows how these goods would be produced with efficient utilization of resources.

Guns and butter shows a relation in case of production possibility frontier , it shows how the investment should be done with the minimum resources present in the economy. If the economy is having proper resources for the production of guns and butter then 6 units of guns and 12 units of butter can be produced but while taking decision a nation should be rational , that is how to use the resources.

7 0
3 years ago
Your company emphasizes the important of conserving (not wasting)
Fofino [41]
Your answere would be A, Use the Print option for two-sided printing.
7 0
3 years ago
By understanding its core values, an organization can take steps to define its __________, a statement of the organization's fun
Zinaida [17]

Answer:

By understanding its core values, an organization can take steps to define its mission, a statement of the organization's function in society that identifies its customers, markets, products, and technologies.

Explanation:

The core value of a company can be defined as the enduring principles that govern it's fundamental conduct towards attainment of it's goals. It is usually a passionate pledge on the principles that the organization stands for. The founders of the company or organization are usually the authors of an organization's core values since the founders  can be seen as the embodiment of the principles that they believe and live by. They strive to capture the organization's heart and soul in order to motivate it's employees, stakeholders and board of directors to drive the organization in such a way that the organization will be a reflection of it's core values.

Once the core values of an organization are understood, the organization can take steps to define its mission. The mission statement tends to define it's role to the society that identifies its customers, markets, products, and technologies. The mission statement should be brief, understandable and concise.

4 0
3 years ago
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