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Mekhanik [1.2K]
4 years ago
13

Suppose a technological improvement has lowered the cost of manufacturing cell phone batteries. This would lead to ___________ (

a decrease OR an increase) in the supply of cell phones, causing the price of cell phones to __________ (Rise OR Fall). Because cell phones and landline telephones are __________ (complements OR substitutes), this hangs in price would cause the demand for landline telephones to __________(increase OR decrease). However, cell phones and cell phone applications are ___________ (compliments OR substitutes), so the change in the price of cell phones would ____________ (decrease OR increase) the demand for cell phone applications.
Business
1 answer:
Julli [10]4 years ago
6 0

Answer:

The correct answer is: an increase; fall; substitutes; decrease; complements; increase.

Explanation:

Technological improvement has lowered the cost of producing cell phone batteries. This reduction in the cost of production will cause the price of cell phone batteries to decline. Since batteries are used as inputs in the cell phone. The reduction in the price of inputs means that the cost of production would decrease. The firms will be able to supply more at the same cost. The supply, as a result, will increase. The supply curve will shift to the right. The price of cell phones will decline.

Cell phones and landlines are substitutes. They can be used in place of each other. A decrease in the price of cell phones would cause the demand for landlines to decrease as the consumers will prefer a cheaper substitute.

The cell phones and applications, however, are use complements. They are used together. So when the price of cell phones decrease and its demand increase, the demand for cell phone applications will increase as well.

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Faith Cassen has recently been hired as the manager of Gibraltar Coffee Shop. Gibraltar Coffee Shop is a national chain of franc
max2010maxim [7]

Answer:

Disagree,did not followed

Explanation:

Faith Cassen has recently been hired as the manager of Gibraltar Coffee Shop. Gibraltar Coffee Shop is a national chain of franchised coffee shops. During her first month as store manager, Faith encountered the following internal control situations:

Faith caught an employee putting a case of 1,000 single-serving tea bags in his car. Not wanting to create a scene, Faith smiled and said, "I don’t think you’re putting those tea bags on the right shelf. Don't they belong inside the coffee shop?" The employee returned the tea bags to the stockroom.

I disagree with Faith's method of handling this situation because she has not followed the internal control principle of safeguarding of assets.

Internal control refers to a procedure or policy put in place by management to related measures and methods adopted in an organization to safeguard its assets, enhance reliability of accounting records, ensure compliance with laws and regulations and stop fraudulent behavior; this procedure might involve measures like physical security barriers, access restriction, locks and surveillance equipment.

8 0
4 years ago
Investment in human capital is very similar to investing in physical capital. True or false? Explain your answer.
ValentinkaMS [17]

Answer:

True.

Explanation:

This statement is true because investing in human capital and physical capital has the similarity that these assets will lead the organization to carry out its processes, achieve its objectives and goals, and generate liquidity, therefore the similarity is in the importance of capital for the organization.

Human capital can be more difficult to measure, as it is intangible, and physical capital is easier to measure and analyze what the return provides for organizational activities.

However, there are ways to measure how human capital positively impacts the company, so it is necessary to have an effective management that provides the best investment of the ideal human and physical capital for your needs.

6 0
4 years ago
A food worker washes his hands and puts on new gloves before taking tomatoes from a box and slicing them for burgers
ipn [44]

What the food worker, who washes his hands and puts on new gloves before taking tomatoes from a box and slicing them for burgers, has done is an example of <u>practicing good </u><u>personal hygiene</u>.

<h3>What is personal hygiene?</h3>

Personal hygiene involves the following activities: bathing, washing hands, brushing teeth, etc.

The purpose of personal hygiene, especially for a food worker or handler is to prevent biological, chemical, and physical hazards that make food unsafe.

Thus, since food workers come into contact with millions of germs and viruses daily, they must practice personal hygiene.

Learn more about personal hygiene at brainly.com/question/13562099

4 0
3 years ago
the four basic financial statements are: multiple choice income statement, sheet of retained earnings, balance statement, and st
Aleksandr [31]

The four basic financial statements are: C. income sheet, statement of retained earnings, balance sheet, and statement of cash flows.

<h3>The four basic financial statements.</h3>

In Financial accounting, there are four (4) basic financial statements and these include the following:

  1. Income sheet
  2. Statement of retained earnings
  3. Balance sheet
  4. Statement of cash flows

<h3>What is an income statement?</h3>

An income statement can be defined as a type of financial statement which is typically used by an entrepreneur or business firm to record the amount of money (revenues) that are entering or flowing into the business.

<h3>What is a statement of cash flows?</h3>

A statement of cash flows is also referred to as cash flow statement and it can be defined as a type of financial statement which illustrate how changes in income and various account of the balance sheet affect cash and other cash equivalents.

Read more on cash flows here: brainly.com/question/24299919

#SPJ1

5 0
2 years ago
What is the the top 3 collages in the United States?
Maurinko [17]
So there are more then 3, but I'm gonna slide a fourth one in..

1.<span>Princeton University
2.</span><span>Harvard University
3.</span><span>Yale University
------------------------
4.</span><span>Columbia University

These University's are the best in the US.
</span>
5 0
4 years ago
Read 2 more answers
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