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2 years ago

Which of the following is an example of technological progress?

2 answers:

7 0

Producing more output by revamping operation methods of the assembly line.

B. is about total hours of labor, using the same technology
C. is about total workers, using the same technology
D. is about space to use the same technology

trasher [3.6K]2 years ago

5 0

Answer:

producing more output by revamping operation methods of the assembly line

Explanation:

The increase in production from technological progress occurs when the company introduces a new form of production that produces more goods at a lower cost, rationalizing the inputs to the production line (capital and labor). For example, imagine a firm with an assembly line of 10 workers and a machine. If the company changes its production line, replacing the machine and half of the workers with a more modern machine and the production increases to 2000 units, this means that there was a productivity gain, because with a lower utilization of the factors of production (a machine and 5 workers) The company produced twice as many products, due to technological progress.

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Boston Lager is one of several beers produced by Boston Beer, which also produces Samuel Adams beer. Consider the events below t

kaheart [24]

Answer: Please refer to the explanation section

Explanation:

The question incomplete we are required to differentiate events that will shift the demand curve of Boston Lager to the left and events that will not shift the demand curve but the events are not provided in the question. however because it is clear what the question requires i will list Events that cause a shift in the demand curve and events that will not shift the demand curve.

events that will shift the demand curve of Boston Lager to the left

Decrease in the price of Beer produced by Samuel Adams (competitor).
Household income decrease
Government raising the Tax on alcohol

events that will NOT shift the demand curve of Boston Lager

Change in Price charge by Boston Lager. a change in the price of beer charged by Boston Lager will cause a Change in quantity of beers Demand which will be indicated by a movement along the demand curve but will not shift the demand curve

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3 years ago

In January 2015, Post, Inc. estimated that its year-end bonus to executives would be $840,000 for 2015. The actual amount paid f

Juli2301 [7.4K]

Answer:

c. $210,000.

Explanation:

amount of expense to be reflected in Post's quarterly income statement

= 840,000 / 4

= $210,000

Therefore, The amount of expense that should be reflected in Post's quarterly income statement for the three months ended March 31 is $210,00.

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3 years ago

digby's product manager is considering lowering the price of the don product by $2.50 and wants to know what the impact will be

Zarrin [17]

Rigby's product manager is considering lowering the price of the don product by $2.50 and wants to know what the impact will be on the product’s contribution margin. Assuming no inventory carry costs, Don's contribution margin, if the price is lowered, will be 4.00%

“Contribution margin suggests you the mixture quantity of sales to be had after variable expenses to cowl fixed prices and provide earnings to the organization,” Knight says. you would possibly think about this as the part of income that allows offsetting fixed costs.

Contribution Margin = Net Revenue - Variable Expenses

Material Cost = 604 * 14.36 = 8673.44

Labor Cost = 604 * 7.09 = 4282.36

Current price = $35

Price is lowered by $2.5 ,then new price will be = $35 - $2.5 = $32.50

Therrefore, New Sales = 604 * 32.5 = $19630

Variable expenses = 8673.44 + 4282.36 = 12955.8

Contribution margin = 19630 - 12955.8 = 6674.2

Contrinution margin ratio = contribution margin / net sales

New Contribution margin = 6674.2/19630 = 34.00%

The contribution margin is beneficial for figuring out how income, variable costs, and fixed expenses all affect operating profit. It offers enterprise owners a manner of assessing how numerous income degrees will affect profitability.

Learn more about contribution margin here brainly.com/question/24881206

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11 months ago

As the new business development manager you must determine the first step in revitalizing the company's sportswear business. The

olga2289 [7]

The choice for Decathlonwear is: a. Analyze the company's database, social media websites, and other relevant market research and big data sources to identify consumers' buying habits.

<h3 /><h3>What is consumer buying habit?</h3>

Consumer buying habit or buying behaviors can be defined as the way consumer buy your product or spends and they way they choose their product preference.

Having a understanding of consumer buying habit is important for business owners as this will enables you to effectively target your marketing towards your consumer preference and want.

Therefore the choice for Decathlonwear is: a. Analyze the company's database, social media websites, and other relevant market research and big data sources to identify consumers' buying habits.

Learn more about consumer buying habit here: brainly.com/question/27074307

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3 0

2 years ago

If beginning inventory (bi purchases (p - ending inventory (ei = cost of goods sold (cogs, an equivalent equation can be written

Tomtit [17]

I had to look for the options and here is my answer:
Based on the one presented above, we can say that the equivalent equation can be written like this: <span>BI + P = COGS + EI. BI refers to the beginning inventory and P is the purchases. The COGS is the cost of goods sold. EI is the ending inventory. Hope this helps.</span>

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3 years ago

Read 2 more answers