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vlada-n [284]
3 years ago
8

What term refers to the process used to produce a good or service, such as using a robotic device to assemble cars? open opportu

nity technology the gross domestic product the profit motive?
Business
1 answer:
Lemur [1.5K]3 years ago
6 0

Open Opportunity means the opportunity available for the business.

Technology refers to the process used to produce a good or service.

Gross domestic product means the total amount of goods or services produced in a country during a year.

The profit motive is the goal of maximization of profits.

Hence, the term that refers to the process used to produce a good or service, such as using a robotic device to assemble cars is <u>Technology</u>.









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Suppose the cost per hour incurred in operating a cruise ship is 3a + bv3 dollars per hour, where a and b are positive constants
Airida [17]

Answer:

Suppose the cost per hour incurred in operating a cruise ship is 3a + b v^{2}dollars per hour, where a and b are positive constants and v is the ship's speed in miles per hour. At what speed (in miles per hour) should the ship be operated between two ports, at a distance D miles apart, to minimize the cost? (Hint: Minimize the cost, not the cost per hour.)

<em>The speed at which the ship would maximize cost is </em>\sqrt[3]{\frac{3a}{2b} }

Explanation:

The problem can be solved using differentiation to get the minimum value of the speed to travel between the two ports. Step by step calculation is contained in the attached images;

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3 years ago
Which spreadsheet type will determine how well a business has done over the past year?
Scilla [17]
A profit and loss statement<span> will determine how well a business has done over the past year.The profit and loss statement is a financial statement which shows revenue, costs and all expenses that happened during a said period of time. Most companies do this quarterly or yearly. </span>
8 0
3 years ago
Read 2 more answers
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uysha [10]
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3 0
3 years ago
Determine the amount of money that must be invested now​ (time 0) at 10​% nominal​ interest, compounded​ monthly, to provide an
Veseljchak [2.6K]

Answer:

the amount of money that must be invested now is $21068.87

Explanation:

Given that:

Nominal interest = 10%

Annuity = 7000

n = 8 years

The Effective interest rate is calculated by using the formula:

Effective interest rate = ( 1 + \dfrac{r}{100 \times n})^n-1

Effective interest rate = ( 1 + \dfrac{10}{100 \times 8})^8-1

Effective interest rate = 0.1045

Effective interest rate = 10.45 %

Thus ; the the amount of money that must be invested now​  is the present value with the annuity of ​$7, 000 per year for 12 ​years, starting eight years from now.

PV = 7000(\dfrac{(1+ 0.1045)^{12}-1}{0.1045(1 + 0.1045)^{12}})( \dfrac{1}{(1+ 0.1045)^8})

PV = 7000 × 6.666056912 × 0.4515171371

PV = $21068.87

Thus; the amount of money that must be invested now is $21068.87

4 0
3 years ago
Parsley Corporation had 250,000 shares of common stock and 5,000 shares of 8%, $100 par, preferred stock outstanding on December
lianna [129]

Answer:

Explanation:

Calculation of total loss:

Net loss 320,000

Preferred dividend [5000*8%*100] 40,000

Total loss 360,000

Calculation of shares:

Common shares 250,000

Additional common stock [36,000*7/12] 21,000

Total shares 271,000

Loss per share = 360,000/271,000 = $1.328

7 0
3 years ago
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