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3 years ago

_____ is the increase in efficiency gained by producing more output without using more inputs.

1 answer:

6 0

The appropriate response is technological progress. It can likewise be called as technological improvement or technological change, it is the general procedure of creation, advancement, and dispersion of innovation or procedures.

I hope the answer will help you. Feel free to ask more.

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How many blank sections does edge have? this is the second one and ill even show you the first one!

julia-pushkina [17]

I can’t see the photos

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3 years ago

The adjusting entry to record accrued interest on a note payable requires a debit to

Alexxx [7]

The adjusting entry to record accrued interest on a note payable requires a debit to Interest Expenses and a credit to Interest Payable. Interest payable is an ongoing duty account that is used to report the amount of interest that has been obtaining but has not yet been paid as of the date of the balance sheet.

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3 years ago

Suppose that a firm earned $500,000 in total revenue. At the same time, it incurred labor costs of $200,000; economic depreci

Scorpion4ik [409]

Answer: $50,000

Explanation:

Given the following ;

Total Revenue = $500,000

Labor cost = $200,000

Economic Depreciation = $50,000

Normal profit = $75,000

Interest paid to bank = $25,000

Other cost of production = $100,000

Economic profit = (Total revenue - labor cost - economic Depreciation - normal profit - interest paid to bank - other production cost))

Economic profit =$ (500,000 - 200,000 - 50,000 - 75,000 - 25,000 - 100,000)

Economic profit = $50,000

3 0

4 years ago

A manufacturer of plastic canoes and fiberglass kayaks is experiencing an increase in the price of kayaks in the marketplace, wh

Effectus [21]

Answer:

an increase in the price of soccer balls.

Explanation:

Soccer balls are made of polyethylene and other petroleum oil derivates. An increase in the price of oil will lead to increased price of soccer balls, because the raw material price has gone up.

Kayaks also have raw materials derived from oil that is why they are experiencing a rise in price.

Kayaks and soccer balls will have a directly proportional relationship due to their common raw material source- oil.

8 0

4 years ago

Mary and John, a young couple, come to you asking for financial advice. They recently graduated and have found entry-level posit

dolphi86 [110]

a) The lump-sum investment means that the young couple, Mary and John, will invest the total sum of $54,000 (18 x $3,000) at the beginning of the investment period, which yields a future value worth $154,134.31 at the end of the 18-year investment period,

On the other hand, the annuity investment of $3,000 implies that Mary and John will invest $3,000 annually, which yields a future value worth $98,279.98 at the end of the 18-year investment period.

b) The advantage of the lump-sum investment strategy over the annuity investment lies in the total interest generated, which is also compounded over the years.

Interest compounding means that Mary and John would be earning interest on interest.

The disadvantage of the lump-sum strategy, which becomes the advantage of the annuity investment, is that Mary and John may not afford the lump-sum at the beginning of the investment.

c) Since Mary and John could only afford to invest $3,000 annually, they should go ahead with the annuity investment.

The recommendation of the investment strategy is based on the financial status of Mary and John at the beginning of the investment because they are:

Financially literate
Moderate risk-takers.

<h3>What is future value?</h3>

The future value of an investment is the value of the cash flows in a future period. The future values of each investment strategy can be determined using the following future value formula:

FV = PV (1+r)^{n}

FV = future value

PV = present value

r = annual interest rate

{n} = number of periods interest held

Alternatively, it can be computed using an online finance calculator as follows:

Data and Calculations:

Lump-sum investment:

N (# of periods) = 18 years

I/Y (Interest per year) = 6%

PV (Present Value) = $54,000

PMT (Periodic Payment) = $0

Results:

FV = $154,134.31

Total Interest = $100,134.31

Annuity Investment:

N (# of periods) = 18 years

I/Y (Interest per year) = 6%

PV (Present Value) = $0

PMT (Periodic Payment) = $3,000

Results:

FV = $98,279.98

Sum of all periodic payments = $54,000 (18 x $3,000)

Total Interest = $44,279.98

Learn more about lump-sum and annuity investments at brainly.com/question/16522689

4 0

3 years ago