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pickupchik [31]
3 years ago
11

Henry Ford once said, "If I had asked people what they wanted, they would have said faster horses." The invention of the car is

an early example of:
a. the march of globalization.
b. rapid technological diffusion.
c. disruptive technologies.
d. products that were not imitated by competitors.
Business
1 answer:
Shkiper50 [21]3 years ago
5 0

<u>Answer: </u>

The invention of the car is an early example of disruptive technologies.

<u>Explanation: </u>

  • The technologies that successfully break a certain long-running trend to start another successfully can be termed as disruptive technologies.
  • The rate of acceptance of such technologies is initially the lowest but they thrive very soon to completely replace the existing methods in use.
  • Disruptive technologies are often more efficient than their older alternatives and that is why they are deemed as profitable.
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Ierofanga [76]

The document called a corporate charter serves a formal purpose as its:

  • names the board of directors.
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<h3>What is a corporate charter?</h3>

It is a formal document that is required to be filed with the Secretary of State or registrar in order to establish a company as a corporation.

Hence, these document contains the names the board of directors, specifies the shares of stock to be issued and describes the business activities for formal purpose.

Therefore, the Option C, D and E is correct.

Read more about corporate charter

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3 0
2 years ago
A competitive firm currently produces and sells 500 units of output. Its total revenue is $3,500; the marginal cost of producing
Orlov [11]

Answer: Reduce output

Explanation: Profit = Total Revenue – Total Costs

Therefore, profit maximization occurs therefore, profit maximization occurs at the most significant gap or the biggest difference between the total revenue and the total cost.

TC = AC×Q = $4×500 = $2,000

Theoretically, profit maximization occurs where MR = MC

From the forgoing, producing an extra unit will increase the cost of the company thereby reducing profit.

The company should reduced output to around 499 units or less

3 0
3 years ago
The marginal physical product of labor is Group of answer choices the slope of the total output curve at the relevant point. the
VladimirAG [237]

Answer:

The slope of the total output curve at the relevant point.

Explanation:

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Mathematically, marginal physical product of labor is given by the formula;

Marginal physical product of labor = ΔY/ΔL

Where, ΔY is the change in total physical output.

ΔL is the change in labor.

In the short run, when the number of workers are increased it would result in a diminishing marginal product with respect to the law of diminishing marginal returns.

The marginal physical product of labor is the slope of the total output curve at the relevant point.

<em>For instance, if brainly producing 50 answers decides to employ one more tutor and is then able to produce 55 answers, the marginal physical product of labor is simply 5. </em>

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Ivanhoe, Inc. received the following information from its pension plan trustee concerning the operation of the company's defined
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The pension expense for 2021 = $543,500

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