Answer:
Travel websites such as Expedia (EXPE), Kayak, and Travelocity have eliminated the need for human travel agents.
Tax software such as TurboTax has eliminated tens of thousands of jobs for tax accountants.
Newspapers have seen their circulation numbers decline steadily, replaced by online media and blogs. Increasingly, computer software is actually writing news stories, especially local news and sporting event results.
Language translation is becoming more and more accurate, reducing the need for human translators. The same goes for dictation and proof-reading.
Secretaries, phone operators, and executive assistants are being replaced by enterprise software, automated telephone systems, and mobile apps.
Answer:
D. Neither country could gain from trade with each other because neither one has a comparative advantage
Explanation:
Opportunity cost refers to the units sacrificed from production of one good to produce an extra unit of another good.
In the given case, the number of workers are same.
The opportunity cost for producing corn instead of oats by Cornland would be : 10/40 units of oats = 0.4 units of oats
Similarly, the opportunity cost for producing corn by Oatland = 5/ 20 = 0.4 units of oats
Similarly, the opportunity cost for producing oats by Cornland = 4 units of corn
Opportunity cost for producing oats by Oatland = 4 units of corn.
As can be seen, none of the two i.e Cornland or Oatland enjoys a comparative advantage over other since for both, the opportunity cost is the same.
Hence, neither country would gain out of trade.
Answer:
3. embedding culture
Explanation:
Based on the scenario being described within the question it can be said that the things that Della wants to do are all examples of embedding culture. This refers to implementing different aspects into an organizations existing culture with the hopes of improving the organization. Such as new values, beliefs and expectations that may help the organization perform better in modern times.
Answer:
A) $56.5
Explanation:
Data:
Project S
Initial cost $10,000
Y1 CF = $6,000
y2 CF = $8,000
Project L
Initial Investment = $10,000
Y1-Y4 CF = $4,373
Solution:
<u>For Project S</u>
We shall prolong the project to four years so it can be easily compared to project L
Following shall be the cashflow stream:
Y0=-$10,000 Y1=$6,000 Y2=-$2,000($8,000 CF - $10,000 outlay for prolonging the project second time) Y3=$6,000 Y4=$8,000
Now to discount the cashflow
<u>For Project L</u>
In order to calculate present value of the annuity, following formula will be used:
<em>NPV = Initial outlay - PV</em>
Now, we can easily calculate how much value will the firm gain or lose if Project L is selected over Project S
<em>*all figures are rounded off to two decimal points*</em>
Four investment alternatives are hedge funds, futures, stocks, and bonds. If you are looking for more: mutual funds, annuities, and real estate are others.
