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Rainbow [258]
4 years ago
8

Advances in wireless communication technology reduce the​ non-financial costs of long​ commutes: People who ride trains can get

work​ done, and people who drive cars have more entertainment options. Given this​ information, which of the following will be an effect on the geographic area of​ cities?
Business
1 answer:
emmainna [20.7K]4 years ago
8 0

A. The total cost of commuting from any given distance to work will reduce because the indirect cost of the commute will fall.

B. The total cost of commuting from any given distance to work will increase because the indirect cost of the commute will rise.

C. The total cost of commuting from any given distance to work will reduce because the direct cost of the train ticket will fall.

D. The total cost of commuting from any given distance to work will increase because the direct cost of the train ticket will rise

Answer:

A. The total cost of commuting from any given distance to work will reduce because the indirect cost of the commute will fall

Explanation:

Technological advances in wireless communication technology, would reduce the indirect cost of long commutes from any given distance which would cause a reduction in the total cost of commuting, as a function of the effect of geographic area of cities. Direct cost of train ticket would not be affected as the efficiency of the services that train and car riders would offer would increase, as well as the satisfaction they would also enjoy from such technological advances.

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In the given case, the hotel company is sending mails themselves to the potential customer for the purchase of their product.

Hence we can conclude that the given case depicts lead generation.

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Which of the following is the best example of a​ quota? A. a subsidy granted by the U.S. government to domestic sport utility ve
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Answer:

The correct answer is option D.

Explanation:

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In all the given examples the last one represents a quota. It is a limit on the number of products that can be imported.

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3 years ago
If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by:_
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If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by <u>9 percent.</u>

<h3>What are labor costs?</h3>
  • The total of all employee wages, employee benefits, and payroll taxes paid by an employer constitutes the labor costs. Direct and indirect (overhead) labor costs are separated.
  • While indirect costs are related to labor costs, such as personnel who maintain industrial equipment, direct costs include wages for the employees who make a product, including those on an assembly line.
  • While indirect costs are related to support labor, such as personnel who maintain industrial equipment, direct costs include wages for the employees who make a product, including those on an assembly line.
  • The price of goods or services may fluctuate away from their genuine cost if labor costs are poorly allocated or evaluated, which could hurt earnings.

To learn more about labor costs with the given link

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If labor productivity fell yet the workforce did not increase, that means that for Years 1 and 2, workers were producing less than they were producing before because the same number of people were producing.

This means that the amount of goods produced in the country would reduce and therefore GDP would reduce as well as GDP is the amount of goods and services produced in a country. If labor productivity had fallen yet the work-hours had increased, the increase in worker hours would have made up for the loss of labor productivity.

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