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Alborosie
3 years ago
15

An industry experiences a technological advance that improves productivity. This change will result in a(n):

Business
1 answer:
valentina_108 [34]3 years ago
8 0

Answer:

decrease in marginal cost for firms in the industry and an increase in the industry supply curve

Explanation:

Supply is the ability of suppliers to produce goods to meet demand for that good at a particular period in time.

There will be an increase in demand when procedures for production are more efficient and when cost reduces.

In this case where there is a technological advance that improves productivity, the suppliers will be able to produce more goods at less cost.

So marginal cost will decrease because of the improved technology and supply will increase because of more efficient process of production.

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A good is excludable if: a) Those who are unwilling or unable to pay for the good do not obtain its benefits. b) It is not possi
N76 [4]

Answer:

The correct answer is letter "A": Those who are unwilling or unable to pay for the good do not obtain its benefits.

Explanation:

The excludability feature of goods does not allow individuals to have access to them without having paid for them. Thus, non-excludable goods are those that no one cannot prevent its use. <em>Private goods</em> (clothing, vehicles, houses) are excludable but they are also considered rival goods since when one person uses it another individual cannot consume the goods.

4 0
3 years ago
Read 2 more answers
Select two answers
vaieri [72.5K]
B.) his counselor certification

D.) His years of teaching experience
6 0
3 years ago
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On April 1, 2021, BigBen Company acquired 30% of the shares of LittleTick, Inc. BigBen paid $100,000 for the investment, which i
Allushta [10]

Answer:

$10,500 loss

Explanation:

The computation of the net income affected is shown below:

Since Big Ben purchased shares of  Little Trick on 1st April ,so it has the right to receive 30% of the net income for nine months  i.e from April 1 to December 31

Now the Earnings from Little Trick is

= $20,000 × 30% × 9 months ÷ 12 months

= $4,500

And, the Compensation paid is $15,000

So, the loss is

= $15,000 - $4,500

= $10,500

8 0
3 years ago
oss Music Inc. reported the following selected information at March 31. 2022 Total current assets $262,787 Total assets 439,832
Alexxandr [17]

Answer:

Please see below

Explanation:

a. Current ratio

= Total current assets / Total current liabilities

= $262,787 / $293,625

= 0.89

b. Debt to assets ratio

= Total current liabilities / Total assets

= $293,625 / $439,832

= 0.67

c. Free cash flow

= Net cash provided by operating activities - Dividends - Capital expenditure

= $62,300 - $12,000 - $24,787

= $15,685

5 0
3 years ago
If wealth increases, the demand for stocks ________ and that of long-term bonds ________, everything else held constant.
cricket20 [7]

Answer:

Increase

Increase

Explanation:

When wealth increases, the disposable income of individuals increases and individuals are more willing and able to invest in stocks and long term bonds.

I hope my answer helps you.

7 0
3 years ago
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