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3 years ago

If a technological advance reduces the amount of variable resources needed to produce any level of output, then the

Business

1 answer:

julsineya [31]3 years ago

7 0

Answer: Marginal Cost curve will shift downward

Explanation:

In a situation whereby technological advance brings about a reduction in the amount of variable resources that are needed for the production of any level of output, then there will be a downward shift of the marginal cost curve.

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produces sports socks. The company has fixed expenses of $ 75 comma 000$75,000 and variable expenses of $ 0.75$0.75 per package.

8090 [49]

Answer:

Results are below.

Explanation:

Giving the following information:

Selling price= $1.5

Unitary variable cost= $0.75

First, we need to calculate the unitary contribution margin:

Contribution margin= selling price - unitary variable cost

Contribution margin= 1.5 - 0.75

Contribution margin= $0.75

Now, we can calculate the contribution margin ratio:

contribution margin ratio= contribution margin/selling price

contribution margin ratio= 0.75/1.5

contribution margin ratio= 0.5

7 0

3 years ago

In preparing a statement of cash flows under the indirect method, a decrease in accounts receivable would be reported as a(n): M

denpristay [2]

Answer:Addition to net income in the operating activities section

Explanation:

8 0

2 years ago

What is the rate of interest on a loan of $2,000, for 284 days, if the amount of interest is $93.37, using the exact interest me

vesna_86 [32]

Exact interest method is using 365 days instead of 360.

We are going to use the formula: I = Prt, we will derived the formula of rate.

r = I /Pt would be our formula, plugging in our amounts.

r = 93.37 / 2000 / (284/365)

= 93.37 / 2000 (0.7781)

= 93.37 / 1556.1643

= 0.06 or 6% when converted to percent.

To check:

I = Prt

= 2000 x 0.06 x 284/365

= 120 x 0.7781

= 93.37

4 0

3 years ago

Standards for the Code of Ethics for Market Intelligence Professionals includes to manipulate the data as the researcher sees fi

aalyn [17]

Answer:

to provide honest and realistic recommendations and conclusions in the execution of one's duties

to comply with enforced laws,

Explanation:

6 0

3 years ago

What policy of gorbachev's called on the soviet people to openly discuss or criticize the soviet government and economy and ulti

Gennadij [26K]

A series of political and economic changes known as perestroika, or "restructuring" in Russian, were implemented to revitalize the Soviet Union's sluggish economy in the 1980s. President Mikhail Gorbachev, who designed it, would preside over the nation's most significant political and economic reforms since the Russian Revolution. But the Soviet Union's dissolution in 1991 was largely caused by the suddenness of these reforms, which were accompanied with rising instability both inside and beyond the Soviet Union.

What was the policy of Gorbachev's on Social and political topics?

The Soviet Union's policy of free discourse on social and political topics was known as glasnost (Russian for "openness"). The Soviet Union started to become democratic after Mikhail Gorbachev implemented it in the late 1980s. In the end, the Soviet Union's political system underwent substantial changes: the Communist Party's influence was diminished, and multi-candidate elections were held. Additionally, Glasnost allowed media outlets to more freely disseminate news and information and tolerated criticism of government authorities.

To know more about policy of gorbachev's visit: brainly.com/question/3929652?

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3 0

1 year ago