The right phrase to fill the blank is: widespread use of mobile devices with wireless internet connectivity.
This is one of the major changes that have occurred in recent years, where we no longer have to access internet from local area network connection which requires a cable for you to connect to the internet and a computer is no longer necessary to be able to use it as well.
Answer:
We should select Project A as it has a higher expected value of 10,800 compared to Project B's expected value of 9,000.
Explanation:
We need to find the expected value of both the projects, using the formula
Expected value of project A= (probability of loss * value of loss)+(probability of gain* value of gain)
Expected value of project A= (0.40*-3,000)+(0.60*20,000)
=-1200+12,000=10,800
Expected value of project A= 10,800
Expected Value of project B= (probability of loss * value of loss)+(probability of gain* value of gain)
=(0.30*-5,000) +(0.70*15,000)=-1500+10,500=9,000
The amount spent on these items is based on preference and the availability of resources available to us. It should be noted that you'll have to spend on a need more than a want due to the limited resources that are available to us.
<h3>What is a consumer's need?</h3>
In economics, a need refers to anything individuals require to exist. It is considered to be necessary and important for the functioning of life. Examples include:
- Food,
- Water, and
- Shelter.
However, a want is anything that is desired. A want is anything that will enhance your living experience and level of happiness. In economic terms, it is described as an individual's insatiable desire to own items or services that provide fulfillment.
From the information given:
Eating at a restaurant, or gas to go on vacation is not a necessity, so it may be referred to as something you want.
The amount spent on these given items is based on preference and the availability of financial resources available to us.
Learn more about human needs here:
brainly.com/question/22395260
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Answer:
=$5,230,000
Explanation:
Annual Depreciation=Depreciable Value×Units produced during the year estimated total production
The units of the depreciation method start by calculating the depreciable amount.
Depreciable amount = Assets cost - salvage value
=$21,220,000.-$4,000,000
=$17,220,000
depreciation expense per unit= depreciable amount/production capacity
=$17,220,000/210,000 per tone
=$82 per tone
During the year, 195,000 were extracted.
The depreciation value for the year will be
= 82 x 195,000
=$15,990,000
book value will be asset cost minus depreciation expense
=$21,220,000 -$15,990,000
=$5,230,000
.
Answer:
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