All categories

3 years ago

List two effects of the invention of the cotton gin.

Business

2 answers:

kogti [31]3 years ago

4 0

Answer:

While it was true that the cotton gin reduced the labor of removing seeds, it did not reduce the need for slaves to grow and pick the cotton. In fact, the opposite occurred. Cotton growing became so profitable for the planters that it greatly increased their demand for both land and slave labor.

ryzh [129]3 years ago

3 0

Answer:

Explanation:

reduced the time and labor required to produce cotton for market

enabled farmers to meet higher demand

cemented slavery in the South

made cotton the dominant crop in the South

You might be interested in

When having to have a difficult conversation with upper managers, you can increase success by:___________.A) Framing the issue i

WARRIOR [948]

Answer: A. Framing the issue in familiar language.

Explanation: Familiar language increases the probability of your issue that you're having will be understood in upper management.

Hopefully this helps! Feel free to mark as brainliest! :)

8 0

4 years ago

If your company had an annual purchase cost of items equal to $2,000,000, an annual holding cost of $150,000 and an annual order

sveticcg [70]

Answer:

c. Your fixed lot size was equal to the EOQ.

Explanation:

At economic order quantity, the Holding cost is equal Ordering cost . Since Holding cost is higher than the Ordering cost, less number of orders are placed and more inventory is being stored.

5 0

4 years ago

Eddy Jones Pottery produces serving bowls among other items. If they reengineer their automated equipment, a serving bowl can be

Ganezh [65]

Answer and Explanation:

Old equipment=2.5 mins per serving bowl

New equipment=1.5 mins per serving bowl

With old equipment, in one hour Eddy Jones can produce 60/2.5= 24 serving bowls

With new equipment, in one hour Eddy Jones can produce 60/1.5= 40 serving bowls

With old equipment, in 8 hours Eddy Jones can produce 24*8=192 serving bowls

With new equipment, in 8 hours Eddy Jones can produce 40*8=320 serving bowls

Therefore in 8 hours with new equipment Eddy Jones will produce 320-192= 128 more serving bowls than with old equipment.

5 0

3 years ago

Kelso's has a debt-equity ratio of 0.6 and a tax rate of 35 percent. The cost of equity is 14.5 percent and the after tax cost o

Mrrafil [7]

Answer:

10.86 percent

Explanation:

Calculation to determine the weighted average cost of capital

Weighted average cost of capital = (1/1.6) (0.145) + (0.6/1.6) (0.048)

Weighted average cost of capital = (0.625) (0.145) + (0.375) (0.048)

Weighted average cost of capital = 10.86 percent

Therefore Weighted average cost of capital is 10.86 percent

8 0

3 years ago

Suppose the market follows a single index model, where the index has standard deviation of 15%. For a stock with firm-specific r

iogann1982 [59]

Answer:

Explanation:

St deviation of stock σ = √( β² x σ₁² + σ₂² )

σ₁ = standard deviation of market = .15 and σ₂ is standard deviation of firm

Putting the values given

.30 = √ ( β² x .15² + .10² )

.09 = β² x .0225 + .01

β² x .0225 = .08

β² = 3.5555

β = 1.88

3 0

4 years ago