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4 years ago

The invention of photography was initially important because:

Business

1 answer:

marin [14]4 years ago

4 0

Answer:

D. it helped artists, scientists, and journalists communicate in a new way.

Explanation:

The invention of photography helped in preserving the images and storing them for the future. Photography helped in the creation of a new medium of communication. The movement led towards the development in the field of history, science, art, and industry. The information can be archived and stored. Also, photography led to the new way of perceiving things from the eyes of the photographer and the journalists. It gave a new outlook to the artists to present their art forms.

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The amount of money you earn has nothing to do with your life style budget T F

docker41 [41]

Answer: True, unless you're on your own it kinda does, considering bills, financial stuff, etc.

6 0

3 years ago

Applying the concept of opportunity cost to the pollution of a lake, an economist probably would conclude that: pollution should

Andreyy89

Answer:

The correct answer is c) pollution should be eliminated as long as the benefit from the cleanup exceeds the opportunity costs.

Explanation:

The opportunity cost is presented in situations where there are two or more good options, so the company must choose the option with more benefits leaving the second one that is known as the opportunity cost. The opportunity cost must have lower profits than the option selected.

For example, in the case of the pollution of a lake, the economist concluded that the elimination of pollution should be chosen if the benefit is more significant than the second-best option.

I hope this information can help you.

4 0

3 years ago

Bramble Corp. expects to purchase $110000 of materials in July and $130000 of materials in August. Three-fourths of all purchase

zlopas [31]

Answer:

$125,000

Explanation:

August's cash disbursements for materials purchases wiill be:

= July month purchase paid amount + August month purchase paid amount

= ($110,000 * 25%) + ($130,000 * 75%)

= $27,500 + $97,500

= $125,000

6 0

3 years ago

__________ makes it possible for Ford to invest $60 million in a Mexico City manufacturing plant to produce smaller cars and lig

Dmitriy789 [7]

Answer:

The North American Free Trade Agreements

Explanation:

The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.

7 0

4 years ago

Perfectly competitive firms will: increase output up to the point that the marginal revenue of an additional unit of output is e

zavuch27 [327]

Answer:

increase output up to the point that the marginal revenue of an additional unit of output is equal to the marginal cost.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

Perfectly competitive firms always strive to maximize profits by increasing their level of output, such that P = MC.

In a nutshell, in the long run equilibrium P = MR = MC.

Where;

P is the profit.

MR is the marginal revenue.

MC is the marginal cost.

7 0

3 years ago