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3 years ago

Give Three ways in which new technology has effected service industries in recent years.

1 answer:

3 0

1. Modernization
2. An increase in people's interest in technology, making it soon become an item for sale.
3. Increasing the benefit of these industries (The benefit being financially)

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The types of quasi-contractual terms with which employees view what they owe their employer and what their employer owes them ar

yuradex [85]

The types of quasi-contractual terms with which employees view what they owe their employer and what their employer owes them are referred to as Contractual agreement.

What is Quasi-contract terms?

When there is a dispute between the parties and there was no initial agreement between them, the court may construct an out-of-order contract. This contract has the obligation to prevent one party from unfairly benefiting at the expense of the other parties. This circumstance is known as a quasi-contract.
A retroactive agreement between two parties with no prior contractual responsibilities is known as a quasi contract.
A court enacts it to address a situation where one party gains something at the expense of the other.
A retroactive agreement between two parties with no prior contractual responsibilities is known as a quasi contract. A court enacts it to address a situation where one party gains something at the expense of the other.

To know more about Quasi-contract visit:

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2 years ago

Assume there are currently five firms producing and selling fertilizer in the South American market. Also assume that the produc

Jobisdone [24]

Answer:

It is given that in an oligopolistic market, there are at first five firms. At the point when the quantity of fums diminishes to three, it implies that the all out yield will likewise decrease. It is on the grounds that, all the makers are delivering separated items. The inventory of merchandise won't increment in light of the fact that the makers would have expanded the creation before, if that was conceivable. Hence, the balance amount will fall and in view of decrease in amount, cost will increase.

Thus, equilibrium price will likely <u>increase</u> and the equilibrium quantity will likely <u>decrease.</u>

3 0

3 years ago

Pappy's Toys makes two models of a metal toy—Standard and DeLuxe. Both models are produced on a single machine. The price and co

Molodets [167]

Answer:

a) it will do 210,000 units of standard

b) 127,500 units of standard

19,000 units of deluxe

Explanation:

Standard Deluxe

Sales 115 135

Variable Cost 50 54

CM 165 189

Constrain resource 0.5 1.5

(machine hours)

CM per constrain 330.00 126.00

As the company can use up to 105,000 machine hours It will use as much as it can in doing Standard model which yield a better contribution of the constrain resource.

105,000 machine hours available / 0.5 hours per standard unit = 210,000 units

As there are 230,000 untis available for Standard we can use the entire capacity for standard and achieve the maximum contribution

b) as there isn't enough demand for standard the compay will do the 127,500 and the rest fill it with deluxe:

105,000 hours - 127,500 x 0.5 = 28,500 hours for deluxe

28,500 / 1.5 hours per unt = 19,000 units for deluxe

3 0

3 years ago

you hear about an economy with no change in the number of workers or capital. yet, production increases. what idea does this ill

olasank [31]

Answer:

It might be because of an increase in efficiency in the workforce or advances in technology. Hope it helps :)

Explanation:

8 0

3 years ago

what countries represent the largest global business opportunities for the next decade? what factors determine the size of the o

aksik [14]

This is of course somewhat of a subjective question, but in general most would agree that China, the United States and Germany represent the largest global business opportunities for the next decade based mostly on factors of production.

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3 years ago