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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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In a simple economy in which prices are constant and with no income taxes or imports, the marginal propensity to consume is 0.8.

lutik1710 [3]

Answer: Increase by $250

Explanation: As per the general rule of economics when there is an increase in income, that increase will eventually lead to increase in expenditure.

As, there is an increase in investment in the given case so it will result in increase in income for the economy.

We can compute it as :-

$change\:in\:income=\frac{change\:in\:investment}{1-MPC}$

$change\:in\:income=\frac{\$50}{1-0.8}$

= $250

Therefore, the expenditure would increase by $250

5 0

3 years ago

Describe how the following pairs of terms are related to each. use two or three sentences for each pair of terms :

vfiekz [6]

Bro that's the same thing

3 0

3 years ago

An operations manager is performing a factor-rating analysis to help her choose an outsourcing provider. She is focusing on thre

dybincka [34]

Answer:

C) 30.8

Explanation:

The operations manager will determine the factor-rating score by the weighted average of all factors' scores.

Factor A - weight: 0.50; score: 30

Factor B - weight: 0.20; score: 46

Factor C - weight: 0.30; score: 22

The factor-rating score is:

$S = (0.50*30)+(0.20*46)+(0.30*22)\\S=30.8$

The factor-rating score for Ling Services is 30.8.

8 0

3 years ago

Immigration and inflation: Suppose a large number of new immigrants enter the labor market. Assume this increase in the supply o

7nadin3 [17]

Answer:

See explanation below for answer.

Explanation:

When using the short run model, the capital stock is fixed and cannot adjust to changes in the demand for capital. We will be using the short run model to analyze the effect of immigration and inflation on the economy.

In an economy, the primary determinant of how immigration can affect wages and employment is the degree to which the workers who have newly arrived will replace or complement the existing workers.

The level of wages may drop in the short run for the kind of workers who can be easily replaced by immigrants, whereas the level of wages may rise for the workers whose expertise can be complemented by the new workers.

For instance, in a situation where foreign-born construction workers enter the labor market, thereby causing a decrease in construction workers’ wages. The firms will respond by employing more construction workers, and since additional first-line supervisors may be needed to supervise the activities of the expanded workforce, the demand and consequently, the wages of these complementary workers could increase.

Further, where the availability of low-skilled immigrants at lower wages allows businesses to expand, total employment will rise.

4 0

3 years ago

Harrington Industries, which uses a process-costing system, had a balance in its Work-in-Process account of $68,000 on January 1

Murljashka [212]

Answer:

The question is missing the below options:

a) a debit to Cost of Goods Sold for $432,000.

b) a debit to Finished-Goods Inventory for $86,000.

c) a credit to Work-in-Process Inventory for $432,000.

d) a credit to Work-in-Process Inventory for $86,000.

e) a credit to Finished-Goods Inventory for $432,000.

The correct option is C,a credit to Work-in-Process Inventory for $432,000.

Explanation:

$432,000 would credited to Work-in-Process Inventory as that is the value of finished goods inventory in the period.The debit goes to the finished goods inventory as goods manufactured in the period.The $432000 is calculated thus:

Opening Work-in-Process $68000

Manufacturing costs $450000

Closing Work-in-Process <u>($86000)</u>

Finished goods <u>$432000</u>

8 0

3 years ago