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3 years ago

How does the assembly line benefit the economy?

Business

1 answer:

pav-90 [236]3 years ago

3 0

Answer:

The assembly line sped up the manufacturing process dramatically. It allowed factories to churn out products at a remarkable rate, and it also managed to reduce labor hours—benefiting many workers who used to spend 10 to 12 hours a day in the factory trying to meet quotas.

Explanation:

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A profit-maximizing firm in a competitive market that is producing on a production curve where the marginal product of labor is

wlad13 [49]

Answer: A. a downward-sloping labor demand curve.

Explanation:

If the marginal product of labor is diminishing then that means that for every extra worker hired, less products are made than the last worker. As a result of this, companies will not want to pay high wages to workers because they would be bringing in less revenue when hired.

This will cause a downward-sloping labor demand curve that shows that as more workers are hired, the company would like to pay less wages because each new worker is only producing less than the last worker.

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3 years ago

A company had net income of $210600. Depreciation expense is $27000. During the year, Accounts Receivable and Inventory increase

ANTONII [103]

Answer: The amount of cash provided by operating activities is $179,600.

Explanation:

<u>Statement of cash flows for the company</u>

Net income $210,600

Add Depreciation expense 27,000

Add Loss on sale of equipment 1,800

Increase in Accounts receivable (16,900)

Increase in Inventory (41,700)

Decrease in Prepaid expenses 5,000

Decrease in Accounts payable (6,200)

Cash flows fron operating activities $179,600

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2 years ago

To become industrial, a nation must have raw materials, workers, and capital. True or false?

saul85 [17]

To become industrial, a nation must have raw materials, workers and capital is absolutely true. Without any of the things mentioned, it is impossible to become an industrial nation. The raw materials are required to produce the finished product. The workers are the ones that work in industries to produce the finished proudest from the raw materials. It can be physical as well as mental labor. Capital is required to buy raw materials and labor for getting the finished product and make profit.

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3 years ago

GINNY: I think itâs safe to say that, in general, the savings rate of households in todayâs economy is much lower than it really

zhuklara [117]

Answer:

Taxing polluters is one of the best ways to protect the environment

Explanation:

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3 years ago

In the Warning Labels Scenario, the objective of introducing warning labels on cigarette packs is to reduce smoking among consum

antiseptic1488 [7]

Answer:

Learning

Explanation:

The warning label is introduced on any cigarette packet with one motives is to reduce consumption of cigarettes. It is based on the assumption that when people see the graph or label on the cigarette packet , it will lead to the desired outcome. the desired outcome includes less consumption of cigarette packets. change of behavior that introduces between the warning sign and cigarette consumption is referred to learning.

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3 years ago