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3 years ago

Which sector has lost more jobs due to technological changes?

Business

1 answer:

k0ka [10]3 years ago

4 0

The sector that lost more jobs due to technological change is the Banking sector.

Technological improvement entails the advancement of technology in carrying out business activities supposed to be performed by employees.

The increase in use of software technology means that industries and jobs that relies on employees effort will now rely on computers.

Therefore, the sector which lost more job due to the technological changes is the Banking sector because more software technology are now used, thus resulting to lay-off of bank workers.

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A lawnmower manufacturer estimates that the probability of a fatal accident caused by the design of its product is 1/10,000 and

Wewaii [24]

Answer:

790,000, i.e. $79 x 10,000= 790,000 . Yes, the manufacturer should change the design. 666,667 (when it goes from 1/10,000 to 1/15,000). It is 500,000 (when it goes from 1/10,000 but 1/20,000) . No, the benevolent social planner would not agree with the manufacturer's decision.

Explanation:

In the estimates provided by the manufacturer, the total cost of the design is equivalent to $79 x 10,000= 790,000. There should be an alteration in the design to remove the necessary precautions. If the probability is different from the estimate provided by the manufacturer, the planner will disagree with the decision made by the manufacturer. For example, a change to 1/15000 will make the total cost to be approximately $666,667.

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3 years ago

The ________ stage of the new-product process assesses the total "business fit" of the proposed new product with the company's m

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Answer:

Business analysis

Explanation:

The business analysis refers to the analysis of the business i.e whether the product is profitable or not it contains the attributes that the company want and the consumer wants. It should be done with the help of marketing strategy and research by their taste and preference. Is this product fits with the company mission and objectives or not

So the given situation represents the business analysis stage

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3 years ago

E15-9 (L01,3) (Preferred Stock Entries and Dividends) Otis Thorpe Corporation has 10,000 shares of $100 par value, 8%, preferred

Dimas [21]

Answer:

(a)

Preferred stock Dividend = ( 10,000 x 100 ) x 8% = $80,000

Cumulative Dividend

Date Dividend for the year Balance

December 31, 2015 $80,0000 $80,000

December 31, 2016 $80,0000 $160,000

December 31, 2017 $80,0000 $240,000

Payable of $240,000 Dividend will be reported on the Balance Sheet.

(b) Dr. Cr.

Preferred Stock (4,000 x $100) $400,000

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Paid-In Capital in excess of Par - Common share $120,000

(c)

Cash ( 4000 x 107 ) $428,000

Preferred Stock (4000 x $100) $400,000

Paid-In Capital in excess of Par - Preferred share $28,000

It will be reported in balance sheet as follow:

Equity $

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Paid-In Capital in excess of Par - Preferred share 28,000

Explanation:

(a) Last dividend was paid on December 31, 2014, the subsequent 3 years are outstanding until December 31, 2017, so the total payable dividend is $240,000 which will be reported on Balance sheet.

(b) 4000 preferred shares on par value are converted to 7 common shares each at $10 par value.

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3 years ago

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Answer:

The oranges should be picked in 2 weeks for maximum return

Explanation:

We assume that the return of the owner is y ($)

Assume that the number of weeks the oranges should be picked to have maximum return is x (weeks). (x≥0)

If collect now, the price for each bushel is $27

As the price per bushel decrease by $1.50 per bushel each week

=> After x weeks, the price of a bushel decrease: 1.5x ($)

=> The price of 1 bushel after x weeks is: 27 - 1.5x ($)

If collect now, each tree can yield 7 bushels

As the yield increases by half a bushel per week for the next 5 weeks

=> After x weeks with x ≤ 5, each trees would yields: 7 + 0.5x (bushels)

The return = The price of each bushes × The quantity of bushels

=> $y = (27-1.5x)(7+0.5x)$

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⇔ $y = -0.75x^{2} +3x +189$

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In the equation $y = -0.75x^{2} +3x +189$ , we have: a = -0.75; b = 3; c = 189

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$192 = -0.75x^{2} +3x +189$

⇔ $-0.75x^{2} + 3x + 189 - 192 = 0$

⇔ $-0.75 x^{2} + 3x - 3 =0$

⇔ $-0.75x^{2} + 4*0.75x - 0.75*4 =0$

⇔ $x^{2} -4x + 4 = 0$

⇔ $(x-2)^{2} = 0$

⇔ x = 2

The oranges should be picked in 2 weeks for maximum return

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3 years ago

fitness center is planning to invest in specialized exercise equipment. This equipment is highly effective, but the club members

cricket20 [7]

Answer:

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Explanation:

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