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STatiana [176]
3 years ago
12

Why does adoption of new technology tend to increase supply?

Business
1 answer:
kherson [118]3 years ago
5 0
The adoption of new technology increases supply because it can move much quicker than workers and can do it around the clock
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Use your notes to explain how prices affect demand.
abruzzese [7]

Answer:

Amount of a product people purchase at various prices. ... There exists an inverse relationship between price and quantity demanded. As the price of a good or service goes up, the number sold (quantity demanded) goes down. As the price of a good or serve goes down, the number sold (quantity demanded) goes up.

7 0
3 years ago
The BRS Corporation makes collections on sales according to the following schedule: 45% in month of sale 50% in month following
swat32

Answer:

$174,500.

Explanation:

Budgeted sale in June would made up of the collections:

Month of sale collection

45% × June = 45% × 170,000 = 76500

Month following sale

50% × May sales = 50% × 180,000 = 90000

Second month following sales

= 5% × April sales =  5% × 160,000 =  8000

Budgeted cash collection for June

= 76,500 +90,000 +8,000

=  $174,500.

3 0
3 years ago
The principle of diminishing returns to capital states that if the amount of labor and other inputs employed is held constant, t
Arturiano [62]

Answer:

B) the less an additional unit of capital adds to production

Explanation:

The diminishing return state that if everything else is held constant, each additional unit will increase production by a fewer amount than previous one. That's because the same amount of resource can only use efficiently a certain amount of capital then there is a loss in this good use and therefore, the output do not increase at the same rate as we add up capital.

A person can do a good use of several type of tool for building a house but I can only use one or two at the time

Adding more tools can increase productivity but in the end there is only one person working.

4 0
4 years ago
asino Inc. expects to pay a dividend of $3 per share at the end of year 1 (Div1) and these dividends are expected to grow at a c
pentagon [3]

Answer:

the current stock of the value today is $25

Explanation:

The computation of the current stock of the value today is shown below:

Next year dividend D1 = $3

growth rate g =6% forever

rate of return = 18%

So,

Current Stock Price P = D1 ÷ (r - g)

=3 ÷ (18% - 6%)

= 3 ÷ 12%

= 3 ÷ 0.12

= $25

Hence, the current stock of the value today is $25

5 0
3 years ago
Cotton was once georgia's most valuable crop. today it is less important to georgias economy than peanuts, tobacco, and corn. th
Shkiper50 [21]
Georgia booming industry in business sector particularly in Atlanta where it is housed as the International headquarters of facilities of 43 different countries.  The industry that gave $23B per capita is the air transport industry. Atlanta dubbed as the busiest airport in the world.
3 0
4 years ago
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