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3 years ago

12

When technology is progressing rapidly, firms are more likely to:?

1 answer:

vova2212 [387]3 years ago

6 0

When technology is progressing rapidly, firms are more likely to;

commit themselves to fixed assets.

focus on developing the necessary skills in-house.

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Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. Microeconomics

jeka57 [31]

Answer:

The correct answers are:

A) The effects of the Internet on the pricing of used cars. (Microeconomics)

B) The effect of government regulation on a monopolist's production decisions . (Microeconomics)

C) The effects of government tax policy on long-term economic growth. (Macroeconomics)

Explanation:

The field of economics is usually broken down into two broad categories: Microeconomics and Macroeconomics. The goal of all economics is to analyze the production and consumption of finite resources like oil, wheat, capital or even labor. Microeconomics observes these issues from an individual or business perspective. Macroeconomics looks at the issues from the perspective of the country as a whole, and the policies affecting the economy. Thus:

A) The effects of the Internet on the pricing of used cars. (Microeconomics)

B) The effect of government regulation on a monopolist's production decisions. (Microeconomics)

C) The effects of government tax policy on long-term economic growth (Macroeconomics)

3 0

2 years ago

Cute Camel Woodcraft Company is considering a one-year project that requires an initial investment of $500,000; however, in rais

vfiekz [6]

Answer:

The correct answer is "32.076%".

Explanation:

Given:

Initial investment,

= $500,000

Cash inflows,

= $500,000

The floatation cost will be:

= $500,000\times 6 \ percent$

= $30,000$ ($)

The total cost will be:

= $Initial \ investment+Floatation \ cost$

= $500000+30000$

= $530000$

hence,

The rate of return will be:

= $\frac{Inflows}{Cost} -1$

= $\frac{700000}{530000} -1$

= $\frac{700000-530000}{530000}$

= $0.32076$

= $32.076$ (%)

8 0

2 years ago

Initially, you produce 100 boxes of jelly beans per time period. Then a new customer calls and places an additional order for je

erastova [34]

Answer:

You should produce as long as the marginal cost per additional box is lower than the marginal revenue obtained by the additional box.

In other words, if the marginal cost of producing the 101th box is lower than $1.75, then, you should continue to produce, because revenue will be higher than cost, and a profit will be made as a result.

5 0

3 years ago

United Disposal, Inc., operates a hazardous waste disposal site that accepts waste transported by Ace Trucking Company from Gene

rosijanka [135]

Answer:

United Disposal, General Manufacturing Corporation, Ace Trucking Company, and/or Investment Properties.

Explanation:

When the EPA cleans up site, it generally uses money from its superfund and it is allowed to recover the money from the entity that caused the pollution (either directly or indirectly), the owner of the premise or the user of the premise. I.e. they can recover the funds from anyone involved. The EPA will try to recover the funds based on several aspects including the financial position of the entities involved. E.g. if United Disposal, Ace Trucking Company and General Manufacturing Company filed for bankruptcy, the EPA will recover the funds from Investiture Properties even if they were not responsible for the pollution.

8 0

2 years ago

The factors of production attempt to instill the idea that resources are

Flauer [41]

Answer: inputs

Explanation: they are required for processing and necessary for the output product

5 0

3 years ago

Read 2 more answers