1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SSSSS [86.1K]
3 years ago
6

Labor-augmenting (improving) technology causes which of the following? (i) The marginal productivity of labor increases. (ii) Th

e marginal productivity of labor decreases. (iii) Labor demand (MRP) shifts to the right. (iv) Labor demand (MRP) shifts to the left.
Business
1 answer:
OleMash [197]3 years ago
5 0

Answer:

Answer to this is both option (i) and option (iii).

Explanation:

Change in technology generally affects the change in productivity as well as the change in labor demand. In the case of Labor-augmenting (improving) technology, it is found that the positive change in technology leads to the increasing marginal productivity of labor. This increase of marginal productivity of labor shifts the labor-demand curve towards right. Thus, Labor-augmenting (improving) technology causes marginal productivity of labor to increase which further leads to shifting of the labor-demand curve towards right.

You might be interested in
Creative Sound Systems sold investments, land, and its own common stock for $37.0 million, $14.3 million, and $38.6 million, res
worty [1.4K]

Answer:

$18.3 million

Explanation:

Financing activities: It includes those activities which comes under the long term liabilities and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption, dividend, and the purchase of treasury stock is an outflow of cash.

The computation of the amount reported as a net cash flows from financing activities is shown below:

Cash flow from Financing activities  

Issuance of common stock $38.6 million

Less: Purchase of treasury stock -$20.3 million

Net Cash flow from Financing activities           $18.3 million

8 0
3 years ago
Judy purchased a speedboat for $120,000. She was willing to pay $150,000. After a few years, she wanted to sell the boat for $85
salantis [7]

Options:

A. Judy's producer surplus is $270,000

B. Judy's producer surplus is $5000

C. Gary's Consumer surplus is $5000

D. Judy's consumer surplus is $30000.

Answer:

B. Judy's producer surplus is $5000

D. Judy's consumer surplus is $30000.

Explanation: Surplus is a term used to describe the amount spent in excess of the Actual worth of a given asset or a material, the asset or material can either for business, convenience or for leisure.

Producer surplus is the amount which a producer expected to be paid for the supply or production of a particular product and the amount received after supply.

JUDY'S PRODUCER SURPLUS= ACTUAL AMOUNT IT WAS SOLD-THE AMOUNT THE PRODUCER IS WILLING TO SELL

=$90,000-$85,000

=$5,000.

Consumer surplus is the difference between the amount a Consumer is willing to pay for a good or service and the actual amount paid.

CONSUMER SURPLUS= THE AMOUNT THE CONSUMER IS WILLING TO PAY- THE AMOUNT THE CONSUMER PAID

$150,000-$120,000

=$30,000.

8 0
4 years ago
Abraham drinks Mountain Dew. He can buy as many cans of Mountain Dew as he wishes at a price of $0.55 per can. On a particular d
Brrunno [24]

Answer:

It will purchase 3 cans

total consumer surplus    0.70

Explanation:

the market price is 0.55

It will purchase up to three cans. the fourth can he is willing to purchase at 0.40 but the price is 0.55 so it won't trade for that one.

<u>consumer surplus:</u>

difference between the amounts he was willing to pay for each unit and the market price:

first can        0.95 - 0.55 = 0.40

second can 0.80 - 0.55 = 0.25

third can      0.60 - 0.55 = 0.05

total consumer surplus    0.70

5 0
3 years ago
A question associated with the saving component of financial planning is:
ohaa [14]

Answer:

The question would be, Do you have an adequate emergency fund?

Explanation:

When an individual or a company is evaluated on the basis of its current income and a plan is made for its future finances, to predict future income, assets, finances, etc, it is called as the Financial Planning.

The most important question to be asked while planning for finances is, Do you have an adequate amount of emergency funds? This is because it is always necessary to have some funds reserved for emergency purpose. Planning your finances without reserving amount for the emergency is useless. So it is most important to have an adequate amount of money or funds reserved for the emergency situations.

4 0
3 years ago
The united states exports corn and aircraft to the rest of the world and it imports oil and clothing from the rest of the world.
Maurinko [17]

Producing corn was one of the things that the Midwest in the US is good at (they are better than the Himalayas), therefore, US exporting corn to the Himalayas would be expected.

 

They are also expected to make airplanes to deliver to other countries (together with computers) since the US is relatively technologically advanced.

<span>
The US needs to import some oil unless they want to price to dramatically increase even though the US does not have enough oil to supply the whole country.</span>

 

<span>The US will also allow China to produce clothing for them and to make other things to send to China since it is much cheaper to produce clothing elsewhere.</span>

5 0
3 years ago
Read 2 more answers
Other questions:
  • Outdoor Adventure Industries is a U.S.-based manufacturer of sporting goods. It has recently decided to make a major push to sel
    12·1 answer
  • Indra nooyi, ceo and chairman of pepsico is considered the most powerful woman on fortune’s 50 most powerful women’s list, uses
    10·1 answer
  • Donna donates stock in Chipper Corporation to the American Red Cross on September 10, 2019. She purchased the stock for $19,775
    9·1 answer
  • If consumers are willing to pay a higher price than previously for each level of output, we can say that _______ has occurred. A
    9·1 answer
  • Suppose the tax rate on the first​ $10,000 income is 0​ percent; 10 percent on the next​ $20,000; 20 percent on the next​ $20,00
    8·1 answer
  • "obligation to transer cash or other resources as a result of a past transaction" is called ____________
    7·1 answer
  • Consider that you own the following position at the beginning of the year: 200 shares of US Bancorp at $29.89 per share, 300 sha
    13·1 answer
  • To purchase new furniture, the owner of a restaurant borrowed $5,000 for 2 years and paid $350,000 simple interest on the loan.
    5·2 answers
  • The minimum that firm needs to do to engage in international business is to: Invest directly in in operations in another country
    10·1 answer
  • Sylvan, the seller, and Eric, the buyer, have signed an option agreement, which is an offer to purchase a specific piece of real
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!