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professor190 [17]
3 years ago
15

Which of the following is an example of technological progress?

Business
2 answers:
AlexFokin [52]3 years ago
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]3 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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The company Lucy works for is made of cross-functional teams that focus on the project at hand. The projects they get are extrem
liberstina [14]

Answer:

Small batch and unit production.

Explanation:

Small batch and Unit production -

In this type of production , the primary focus of the organisation , is the satisfaction of the customer and is based on the preference of the customer .

For this type of manufacturing process , skilled labor and planning is very important to customize and prepare any good or service .

sometimes , the complete team focus on the production of the product one at a time , with lot of caution .

Hence , the information given in the question , the type of manufacturing process is best describes as Small batch and unit production .

6 0
3 years ago
A new understanding that has emerged from the research in neuropsychology is that:
Anestetic [448]
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8 0
3 years ago
A company assigns overhead using a plantwide rate. If total estimated manufacturing overhead is $900,000 and the total estimated
ozzi

Answer:

Overhead  application rate

= <u>Budgeted overhead</u>

  Budgeted machine hours

= <u>$900,000</u>

  30,000 hours

= $30 per machine hour

Overhead cost assigned to the product

= Overhead application rate x Actual machine hours  

= $30 x 12,000 hours

= $360,000                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                

Explanation:

In this case, there is need to determine the overhead application rate, which is the ratio of budgeted overhead to budgeted machine hours.

Then, we will obtain the overhead cost assigned to the product by multiplying the overhead application rate by actual machine hours.

3 0
3 years ago
Describe the relationship between two manufacturers in a business ecosystem that are working together to develop a new product f
White raven [17]

There must be a<u> cordial relationship</u> and trust between two manufacturers in a business ecosystem working towards developing a new product for consumers.

<h3>What is a Business Ecosystem?</h3>

A business ecosystem is a deliberate commercial arrangement involving two or more organizations to develop and share a common value for consumers.

Every business ecosystem contains participants, and at least one of them serves as the controller. There must be a<u> cordial relationship</u> and trust between two manufacturers in a business ecosystem working towards developing a new product for consumers.

The primary advantage of adopting business ecosystems is to be better positioned, promote innovation, and maximize capital efficiency in order to produce customer value.

Learn more about Business Ecosystem here:

brainly.com/question/3723558

3 0
2 years ago
Suppose Tim spends his entire income on hot dogs and hamburgers and consumes at least some of both. Now suppose that the price o
natali 33 [55]

Answer:

D. Tim consumes more hamburgers and fewer hot dogs.

Explanation:

For his utility to remain constant, Tim will neither consume more goods in total, nor spend more money than before.

Therefore, because the price of hot dogs has risen, while the price of hamburger has remained the same, he will now buy more hamburgers and less hot dogs, because eating more hamburgers and less hot dogs will not decrease his satisfaction, it will remain the same. We can also conclude from that both fast food products are perfect substitutes for Tim.

7 0
3 years ago
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