There are different kinds of system. The robots are an example of automation
<h3>What is Automation?</h3>
This is simply known as the making and application of technologies to create and deliver goods and services with little human hands.
The Examples of Automation are;
- Automobile
- Robots
- Consumer Electronics, etc.
See full question below
The assembly line at the ice cream production facility used to have 20 workers. It now has 10 employees and 10 robots to do the job. The robots are an example of ______.
a. Big Data
b. automation
c. knowledge management
d. collaborative computing
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Both Ciara and Elon earned the same number of points toward their GPA.
AP classes are on a 5.0 scale, so a b in an AP class is the same as an A in a regular class
Answer:
Statement true for Imperfect Competition Markets
Explanation:
Marginal Revenue Product is additional revenue due to hiring of additional input, it is product of marginal product & marginal revenue = MP x MR
Value Marginal Product is money value of additional production with additional input, product of marginal product (MP) & price (AR), = MP x AR
Input demand curves are derived demand curves, derived from demand of final goods. In perfect competition, demand is perfectly inelastic & horizontal, AR = MR, so MRP = VMP in this case. In imperfect competition market (oligopoly, monopoly etc) - MR < AR, so MRP < VMP in this case.
Answer and Explanation:
The preparation of the cash budget for the month of March ended is presented below:
Cash Budget
Particulars Amount ($)
Opening Cash Balance 72,000
Add: Cash Receipts from Sales 300,000
Total Cash Available 372,000
Less:
Cash Payments
Purchases 140,000
Salaries 80,000
Cash Expenses 45,000
Repayment of Bank Loan 20,000
Total Payments -285,000
Closing Cash Balance 87,000
We simply deduct the all payments from the total cash available so that the ending balance of cash could come
True: if society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with lower costs reduce greater amounts of pollution than those with higher costs