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alexandr1967 [171]
3 years ago
13

In Vintland, sanitation engineers are being replaced with garbage robots, which have fewer negative effects and many more signif

icant benefits. However, the labor cost efficiency of garbage robots has driven down the price of collecting garbage so significantly that sanitation engineers can no longer compete. After six months, everybody has switched to the cheaper and better garbage robots.
Please select the choice below that best describes the short-run effects of this industrial change on Vintland\'s GDP and its standard of living. Assume that Vintland consumes the same quantity of collecting garbage now as they did six months ago.
A. GDP increases and standard of living decreases
B. GDP and standard of living both increase
C. GDP and standard of living both decrease
D. GDP decreases and standard of living increases
E. There is not enough information to answer this question
Business
1 answer:
pychu [463]3 years ago
3 0

Answer: GDP decreases and standard of living increases

Explanation:

Based on the information given, the short-run effects of this industrial change on Vintland's GDP and its standard of living is that there'll be a reduction in the gross domestic product and an increase in the standard of living.

The reduction in GDP will be as a result of the reduction in the price of collecting garbage. On the other hand, the replacement of the sanitation engineers with the garbage robots will have fewer negative effects and many more significant benefits, thereby increasing standard of living.

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MacKenzie Manufacturing purchased equipment for $160,000. In addition, shipping charges of $2,000 were incurred to obtain the eq
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Answer:

The amount of depreciation expense each year is (D) $31,900

Explanation:

Total cost of the equipment = Purchased cost + Shipping charges + foundation and install fee = $160,000 + $2,000 + $12,500 = $174,500

MacKenzie Manufacturing use the straight-line method, Depreciation Expense each year is calculated by following formula:  

Annual Depreciation Expense = (Cost of the equipment − Residual Value )/Useful Life = ($174,500 - $15,000)/5 = $159,500/5 = $31,900

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3 years ago
Which of the following contributed most significantly to the population trend in pre-Columbian Mexico described in the excerpt?
AURORKA [14]

Answer:

The correct answer is A: Trade and settlement resulting from maize cultivation

Explanation:

Before Europeans arrived in Mexico, there were several well-settled tribes and small kingdoms in the region which were in constant conflict since generations.  

Trade and Settlement due to maize cultivation had taken place thousands of years ago and by the time Europeans reached this part of the world, they found a thriving civilization which was not nomadic.

As a major crop, maize was able to provide sufficient nutrition and helped in the development of a major population centers including Mexico City.

7 0
3 years ago
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What is the primary role of our banking system?
Serhud [2]

Answer:

See explanation section

Explanation:

The primary role of the banking system is to accept deposits from the general public so that the money can be given as a loan to the public in an effective way to foster the economy. It is the safest platform where people keep their money to get a bonus while people borrow money to continue operating.

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4 years ago
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MrRissso [65]

Answer:

Shunto

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Shunto is a word used by the Japanese and it literally means wages, labor or livelihood.

Basically, it refers to the annual wage bargaining (negotiation) sessions between the Japanese Enterprise (labor) Union and employers each requesting for an increment in their wages.

Hence, the enterprise-level consultation and bargaining by the Japanese Enterprise (labor) Union are complemented by an annual wage negotiation process called Shunto.

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3 years ago
The price of a hairpiece was increased from $500 to $550. what was the percent of increase? 9.1%. 10%. 20%. 25%. none of these.
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The answer is "10%".

<span>price of a hairpiece was increased from $500 to $550
So, the difference is = 550 - 500 = $50
original price = $500
now, divide the </span><span>difference between the prices by the original price:
50/500 = 1/10
now to get percentage multiply it with 100;
1/10 x 100 = 10%</span>
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4 years ago
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