All categories

3 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]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.

You might be interested in

Nikki, a supervisor in the local telephone company was swamped with work. She had schedules to write, reports to prepare, and pe

Ahat [919]

Answer:

"TQM is considered a customer-focused process and aims for continual improvement of business operations. It strives to ensure all associated employees work toward the common goals of improving product or service quality, as well as improving the procedures that are in place for production."

If she's skipping TQM training seminars she's not helping to ensure all associated employees, including her, toward improving product or service quality.

Reference: Barone, Adam. “How Total Quality Management (TQM) Works.” Investopedia, Investopedia, 15 Sept. 2019

8 0

3 years ago

Moroni Industries has the following inventory information. July1Beginning Inventory40 units at $120 5Purchases240 units at $112

Mekhanik [1.2K]

Answer:

The amount allocated to ending inventory is $ 11,520

Explanation:

Using LIFO basis of inventory valuation implies that the items received last are sold first,in other words, sales of 160 units comes from the purchases of 240 units made on July 5,that leaves 80 units of the purchase in closing inventory.

However,the sale of 140 units on 30 July is taken from purchases of 120 units on July 21 as well as purchases of July 5.

The amount allocated to ending inventory is computed below:

July 5 60 units at $112 $6,720

opening inventory 40 units at $120 $4,800

Value of closing inventory $11,520

3 0

4 years ago

You have been the assistant manager at a small deli for the past three years, and you have made friends with many of the custome

Nana76 [90]

If you financially able to open a deli and it is your passion then you should be able to open one. You might get the feeling that your old employer doesn't approve of what you did, but that is because you are now a competition. You might have some customers who won't want to switch to a new place but most of them probably would be okay with.

5 0

4 years ago

Read 2 more answers

Grandma's Bakery wants to begin selling gluten-free products and vegan products. The C-Suite executives have made the decision a

8_murik_8 [283]

Answer:

The correct answer is letter "B": functional managers.

Explanation:

Functional managers are those in charge of carrying out the operations of a business. These types of executives receive orders from the company's owners -stakeholders- after an analysis of what course the firm should take according to current market conditions so the managers can implement the plan in the organization's activities.

6 0

4 years ago

Larry comes to your office to file his 2020 tax return and tells you that he never received an Economic Impact Payment (EIP) dur

11111nata11111 [884]

Incomplete question. The options:

a. File his 2020 tax return, including the EIP on Form 1040, line 30, and wait for the IRS to fix the mistake.

b. File Form 14039, Identity Theft Affidavit, with the IRS.

c. Contact the Farm Housing Administration.

d. Contact the bank that received the deposit and ask them to redirect the funds to him.

Answer:

a. File his 2020 tax return, including the EIP on Form 1040, line 30, and wait for the IRS to fix the mistake.

Explanation:

True. According to the information found on the IRS website concerning those who were eligible but didn't receive the Economic Impact Payment (EIP) during 2020, they are to fill the 2020 Form 1040 alongside submitting their tax returns for the year 2020.

Hence, Larry simply needs to file his 2020 tax return, including the EIP on Form 1040, line 30, and wait for the IRS to fix the mistake.

4 0

3 years ago