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kherson [118]
3 years ago
9

Given the rapid advancements in technology in developed countries and fast pace of globalization, it is not possible to bridge t

he global digital divide. Do you agree with this statement?
Business
1 answer:
VladimirAG [237]3 years ago
7 0

Answer and explanation:

I disagree. It is a fact that developing countries cannot keep the pace of developed countries when it comes to producing technological inventions because of the differences in resources -capital and knowledge. However, everyday technology is faster at the reach of people's hands regardless of where they are located in the world. It is indeed bridging the technology access developing countries have with the developing countries. It now depends on developing countries in finding out how they use that technology to improve the masses' lifestyles.

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Address is the correct answer
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Answer:

<em>D. To allow consumers and producers to make their </em>

<em>own decisions</em>

Explanation:

A <em>free-market system</em> is the market form determined by free market forces of demand and supply.

No government intervention takes place in this form of market as in a centrally planned economic system. This non- intervention of the government prevents <em>economic distortions</em> in the system, which is good for the market.

In a <em>free market system</em> the forces of demand and supply, decide the price of the goods and thereby the output adjustments. The consumers are free to decide the demand and producers are free to decide the product the supply of goods.

Hence, it can be said that <em>the purpose of a free-market system is to allow consumers and producers to make their own decisions.</em>

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3 years ago
Builtrite’s common stock is currently selling for $48 a share and the firm just paid an annual dividend of $2.80 per share. Mana
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Answer:

So the cost of new stock will be 14.63 %

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We know that cost of new common stock is given by

Cost of new stock =\frac{dividend\ for\ next\ year}{stock\ price(1-flotation\ rate)}+growth\ rate

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