All categories

3 years ago

Why would a business replace human capital with physical captain

Business

1 answer:

BigorU [14]3 years ago

5 0

Answer:

A business would replace human capital with physical capital to achieve economies of scale.

Explanation:

Economies of scale are cost advantages obtain when there is an increase in the output of the operation. As production rises there is more efficient to use robots or machinery than humans to produce any given product. The use of this machinery will need a big investment but in the long run the costs of production will decrease and there is easier to manage machines than humans.

You might be interested in

If the marginal propensity to consume is 0.75, and there is no investment accelerator or crowding out, a $115 billion increase i

rodikova [14]

Answer: $460 billion, but the effect would be larger if there were an investment accelerator.

Explanation:

If the MPC = 0.75 and there is no investment accelerator or crowding out, then a $115 billion increase in the government expenditures would result in the shift in the aggregate demand curve right by:

= $115 billion ÷ (1 - 0.75)

= $115 billion ÷ 0.25

= $115 billion × 1/0.25

= $115 billion / 0.25

= $460 billion.

Therefore, there'll be a shift in the aggregate demand curve right by $460 billion, but the effect would be larger if there were an investment accelerator

4 0

2 years ago

Ben Lieber is a waiter at Harbor House, where he receives a weekly wage of $80 plus tips for a 40-hour workweek. Lieber's weekly

Dmitriy789 [7]

Answer:

$290

Explanation:

Fair labour standards act is a Federal law that specifies minimum wage, overtime pay eligibility, child labour standards, and record keeping which affects employees of both private and government institutions.

The Fair labour standards act state that the minimum wage an employee should collect per hour is $7.25.

So for a 40 hour week the minimum wage for Ben Lieber is 7.25* 40= $290

Provisions for FLSA include minimum wage payment, exemption from overtime, minimum wage for workers that provide companionship services, and exemption for worker that do computer related jobs.

4 0

2 years ago

What determines how the burden of tax is divided between buyers and sellers? Why?

Artemon [7]

Answer:

Explanation:

Taxation is the means by which the government gets most of its revenue so it is the duties of private or publicly owned organizations and also the citizen to pay their taxes used by the government to fund all its projects. the taxes generated by the government are then divided among buyers and sellers.

The elasticity of demand is the main determinant of how burden of tax is divided between buyers and sellers.

6 0

3 years ago

Read 2 more answers

Assuming an upward-sloping as curve, if an economy is at full employment and consumption spending decreases while all other leve

Yuliya22 [10]

Assuming an upward-sloping as curve, if consumption spending falls while all other levels of expenditure stay the same in an economy that is at full employment, a GDP gap will be visible.

Retail store managers will take activities that result in greater Unemployment when undesirable inventories build up.

Gross domestic product (GDP) is a monetary indicator of the total market worth of all the finished products that nations create over a certain time period.
This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.
Consumption, investment, government spending, exports, and imports make up the components of the GDP when it is calculated using the expenditures method.
Gross fixed capital formation, changes in inventories, changes in consumption expenditure (by households, NPISHs, and general government),
And exports of goods and services are all included in the calculation of gross domestic product (GDP), which is then subtracted from imports of goods and services.

Learn more about GDP here:

brainly.com/question/15682765

#SPJ4

8 0

1 year ago

Which of these statements about game design is FALSE?

nexus9112 [7]

When it comes to game design, it is false to say that Games design is not a STEM career because it is just about making entertainment.

Game design:

Incorporates the feedback of users to make better games.
Is quite iterative.
Requires that many different people from different careers work in different teams.

Game design is a STEM career because it requires people with expertise in science, technology, and engineering. It would be false to say that these careers are not present in game design.

In conclusion, option B is correct.

Find out more on STEM careers at brainly.com/question/20250489.

6 0

2 years ago