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evablogger [386]
3 years ago
6

If part of an assembly for automobiles is automated, then demand for automobile workers will _______________ .

Business
1 answer:
White raven [17]3 years ago
5 0

Answer:

Demand for automobile workers will fall.

Explanation:

Companies are always looking for ways to reduce costs in the production profits, in order to raise revenue and profit.

Workers are form of factor of production known as labor, while machines, which make automation posssible, are another form of factor of production, known as capital.

If employing machines to automate the production process becomes cheaper than hiring workers, then, the firm will use more machines and hire less workers. This is simply because using machines is cheaper, and will likely raise profits.

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Energy that is stored and available to be used later is called fat
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3 years ago
A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25, and bar stools
marishachu [46]

Answer:

Break-even point in dollars= $36,364

Explanation:

Giving the following information:

A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25, and bar stools $20. The fixed cost for the firm is $20,000.

To calculate the break-even point in dollars for the firm, we need to use the following formula:

Break-even point (dollars)= Total fixed costs / [(weighted average selling price - weighted average variable expense)/ weighted average selling price]

weighted average selling price= (selling price* weighted sales participation)= $50

weighted average variable cost= (variable cost* weighted sales participation)

weighted average variable cost= (25*0.5 + 20*0.50)= $22.5

Break-even point in dollars= 20,000/ [(50 - 22.5)/ 50]= $36,364

4 0
3 years ago
What are two types of investment accounts that you might use in the future?
Vinvika [58]
Im guessing a retirement account and cd!
7 0
4 years ago
Which of the following accounts will give you the least Access to your money A.
Greeley [361]
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8 0
4 years ago
At December 31, Meyer Company had 500,000 shares of common stock issued and outstanding, 400,000 of which had been issued and ou
kicyunya [14]

Answer:

$1.2

Explanation:

The computation of earning per common share is shown below:

Earning per share = (Net income) ÷ (Number of shares)

where,

Net income = $510,000

And, the number of shares = $400,000 + $100,000 × (3 months ÷ 12 months)

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The 3 months is calculated from October 1 to December 31

Now put these values to the above formula  

So, the value would equal to

= $510,000 ÷ $425,000

= $1.2

6 0
3 years ago
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