All categories

3 years ago

2. An improvement in technology used by producers of a certain good will result in:

Business

1 answer:

Goshia [24]3 years ago

8 0

Answer:

d. An increase in the supply of the good.

Explanation:

Under normal circumstances, when production of certain goods that used to be manual is now automated or there is enhancement of technology then, supply for such good will definitely increase.

It means that there will be faster rate of production due to the technological improvement unlike when production is being done with obsolete equipment or done manually.

When there is enhancement of technology use to produce certain goods, it will bring about decrease in cost of production for producers and an increase in supply of such goods.

You might be interested in

Barter is the exchange of goods and services for goods and services without the use of money. any exchange, with or without the

murzikaleks [220]

Answer:

c. the exchange of goods and services for goods and services without the use of money

Explanation:

Barter the exchange of goods and services for goods and services without the use of a medium of exchange such as money.

In a barter, money doesn't change hands.

An example of a barter- I want a pair of shoes worth $30. I see someone that has the shoes but wants textbooks worth $30. I have these textbooks. I give him the textbooks and he gives me the shoes.

I hope my answer helps you

8 0

3 years ago

Read 2 more answers

A(n) __________ refers to a complete ban on importing or exporting of products from a specific country

azamat

An embargo refers to a complete ban <span>on the importing or exporting of products from a specific country.</span>

6 0

3 years ago

Many demographers predict that the United States will have zero populationgrowth in the twenty-first century, in contrast to ave

Fed [463]

Answer:

Check the explanation

Explanation:

The foremost thing is to first consider steady states. The Sluggish population growth rate swings in the line representing population growth and depreciation to the downward trend.
The new stable rate has a superior level of capital per worker thereby having a higher level of output per worker.
In Steady state, the entire output develops at rate n, whereas the output rate per worker grows at figure 0. Hence, slower population growth will hamper the figure of total output growth, but the rate of per-worker output growth will be the same.
Now reflect on the transition. We know that the constant-state level of output per worker is higher with little population growth. Hence, for the period of the transition to the new steady state, output per worker should grow at a rate faster than 0 for a sometime.

7 0

3 years ago

What will probably happen when the price of a product goes down?

Irina-Kira [14]

Answer: (D) More will be able to pay for that product

Explanation:

4 0

3 years ago

Read 2 more answers

Rudy's, Inc. and Blackstone, Inc. are all-equity firms. Rudy's has 1,500 shares outstanding at a market price of $22 a share. Bl

aleksandr82 [10.1K]

Answer:

Merger premium per share is equal to $2

Explanation:

Step 1. Given information.

1500 shares outstanding
market price of 22
Blackstone has 2.500 shares
Outstanding price 38
Blackstone acquire Rudy's for $36.000

Step 2. Formulas needed to solve the exercise.

Merger premium per share = (Blackstone acquire Rudy's /shares outstanding) - market price

Step 3. Calculation.

Merger premium per share = ($36,000/1,500) - $22 = $2

Step 4. Solution.

Merger premium per share is equal to $2

8 0

3 years ago