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3 years ago

One of the first technologies to truly revolutionize the business use of information was a stone tablet.

Business

1 answer:

denis23 [38]3 years ago

3 0

One of the first technologies to truly revolutionize the business use of information was a stone tablet. FALSE.

Answer: One of the first echnologies to truly revolutionize the business use of information were paper and the printing press.

When these developments came about, they made it easier for communication to be shared between businesses, cities, and the economy. Allowing for paper and the printing press increased communication and made room for new jobs. As they grew and expanded, new people were hired which helped the economy get a boost of new funds.

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BabaBlast [244]

Answer:

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3 years ago

A survey indicated that chocolate is Americans' favorite ice-cream flavor. For each of the following, indicate the possible effe

ryzh [129]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

For each of the following, indicate the possible effects on demand, supply, or both as well as equilibrium price and quantity of chocolate ice cream.

a. A severe drought in the Midwest causes dairy farmers to reduce the number of milk-producing cattle in their herds by a third. These dairy farmers supply cream that is used to manufacture chocolate ice cream.

Demand: decreases (because of the higher price)

Supply: restrains.

Equilibrium price: rises

Equilibrium quantity: decreases

b. A new report by the American Medical Association reveals that chocolate does, in fact, have significant health benefits.

Demand: increases

Supply: increases

Equilibrium price: rise

Equilibrium quantity: increases

c. The discovery of cheaper synthetic vanilla flavoring lowers the price of vanilla ice cream.

Demand: decreases

Supply: decreases

Equilibrium price: decrease

Equilibrium quantity: decrease

d. New technology for mixing and freezing ice cream lowers manufacturers' costs of producing chocolate ice cream.

Demand: remains

Supply: increase

Equilibrium price:

Equilibrium quantity:

4 0

3 years ago

If the price index has a value of 122 then the inflation rate during the past year was 22%. True or False

Lyrx [107]

If I am correct it is true

8 0

3 years ago

perfectly competitive firm sells pineapples for $4 each. MR = MC at a quantity of 600 units. Average total cost at the profit

mart [117]

Answer:

$ 750

Explanation:

Total cost = average total cost × quantity = $ 2.75 × 600 = $ 1650

Total revenue = price × quantity = $ 4 × 600 = $ 2400

profit = $ 2400 - $ 1650 = $ 750

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3 years ago

Suppose farmers in a given market can either grow soy beans or corn on their land. In addition, suppose an increase in the deman

Snowcat [4.5K]

Answer:

switch away from growing soy beans and growing corn

Explanation:

if the price of corn increases,it would be an incentive for farmers to increase their production of corn so as to increase their profits.

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3 years ago