Changes in technology can cause changes in the productivity of a resource. Technological change can be economy-wide, industry-specific, or can occur within one firm's production process. Explain how a change in the productivity of a resource changes the demand for the resource. Give an example.

Answers

Answer 1

Explanation:

Globalization is a worldwide phenomenon caused by technological changes, with a greater possibility of communication between countries, there was a revolution in business, which became much more profitable when they were present in several countries in the world. An example of a change in the productivity of a resource that has been directly impacted by technological changes is the cell phone industry.

The change in resource productivity occurs both internally and externally to this niche, since with the globalization and ease of doing business outside the organization's host country, there is a quest to make the global value chain, with a focus on labor and cheaper raw material.

It is also necessary to consider that in the cell phone industry, technological change has added new features to the product making the device that only made connections a smartphone, a device with multiple features and internet access, such as Apple, which with advanced technology reaches every more consumers around the world.


Related Questions

The difference between Centralized and Decentralized system in Reverse Supply Chain was whether the recalled products initially being evaluated and collected at the retailers or centralized Evaluation & Test facility. True or False?

Answers

Answer:

The given statement is "True".

Explanation:

The reverse production process refers specifically to either the receipt of products from consumers through manufacturers.

In something like a decentralized operations management, most returning items go to a centralized assessment and testing facilities to have been re-stocked, refreshed as well as scarred. Throughout the organized production chain, returning goods pass directly to consumers for abolishing as well as reprocessing.

The area that consumes the majority of a family’s income is

Answers

The area that consumes the majority of a family’s income is Housing.

This is according to the Bureau of Labor Statistics' info for 2017.

Gerry is concerned about the risks involved in launching a new business, especially the financial risks. If she chooses the sole proprietorship form of ownership, her liability is

Answers

Answer:

Unlimited

Explanation:

Here are the options to this question :

is shared with his creditors

shared with his investors

limited to the amount of his taxes

unlimited

A sole proprietorship is a type of business that is owned by one person

Characteristics

it is owned by one person

the business has unlimited liability

the business has limited access to capital

the business usually lacks continuity. this type of business usually ceases to exist when the owner dies

the business is usually not separated from the owner

Suppose that the Federal Reserve sells Treasury bills. We can expect this transaction to _____ the money supply, _____ Treasury bill prices, and _____ interest rates.

Answers

Answer:

increase; raise; lower

Explanation:

In the case when the treasury bills purchased that represents there is an money injection in the economy this results in rise in the money supply due to which the rate of interest would reduced. Also if the purchase of the treasury bills would rise this represents that the treasury demand would rise that results rise in the Treasury bills price

so the above is the answer  

How much interest does a $407 investment earn at 6% over seven years?

Answers

$170.94 is the answer

An investor is in a 30% tax bracket. If corporate bonds offer 9% yields, what yield (in percentage points) must municipals offer for the investor to prefer them to corporate bonds

Answers

Answer:

6.3%

Explanation:

Calculation for what yield (in percentage points) must municipals offer

Using this formula

Yield=Corporate bonds yield×(1-Tax rate)

Let plug in the formula

Yield=0.09 x (1 - 0.30)

Yield= 0.063 ×100

Yield=6.3%

Therefore the yield that municipals must offer for the investor to prefer them to corporate bonds is 6.3%

HELP PLEASEE
Type the correct answer in the box. Spell all words correctly.
What do inventory firms use when moving delicate products?
Inventory firms use_
belts when moving delicate products.

Answers

Answer:

Conveyor belts.

Explanation:

Conveyor belts are a never ending flexible belt which is moved by chain of rollers for carrying objects from one place to another. Conveyor belts is an important tool used in material industry for transporting materials in bulk from one place to another. The material handling industries use conveyor belts to move bulky products such as salt, grain, ore, etc from one place to another.

The inventory firms use conveyor belts to move delicate products from one place to another.

Therefore, conveyor belts is the correct answer.

Answer:

Conveyor belts

Explanation:

Payb- Based on the information below, calculate the payback period. (4 points) Show and label your work. Investment $700,000 Required rate of return 12% Depreciation method Straight Line Useful life 5 years Residual value $20,000 Estimated net cash inflows per year for five years $150,000 2. Based on your answer in part 1, would you accept or reject this project? Why?

Answers

Answer:

4.7 years

The project would be accepted because the amount invested in the project would be recovered within the useful life

Explanation:

Payback period is the time it takes to recover the amount invested in a project from its cumulative cash flows

Payback period = amount invested / cash flows

$700,000 / $150,000 = 4.7 years

The project would be accepted because the amount invested in the project would be recovered within the useful life

2. A series of five constant dollar (or real-dollar) payments, beginning with $6,000 at the end of the first year, are increasing at the rate of 5% per year. Assume that the average general inflation rate is 4%, and the market interest rate is 11% during this inflationary period. What is the equivalent present worth of the series

Answers

Answer:

The equivalent present worth of the series is $27,211.16.

Explanation:

The first thing to do is to calculate the real interest using the following formula:

1 + i = (1 + r)(1 + inf) ..................... (1)

Where;

i = market interest rate = 11%, or 0.11

r = real interest rate = ?

inf = average general inflation rate = 4%, or 0.04

Substituting the values into equation (1) and solve for r, we have:

1 + 0.11 = (1 + r)(1 + 0.04)

1 + r = 1.11 / 1.04

1 + r = 1.06730769230769

r =  1.06730769230769 – 1

r = 0.06730769230769

The equivalent present worth of the series can now be calculated using the formula for calculating the present value (PV) of a growing annuity as follows:

PVga = (P / (r - g)) * (1 - ((1 + g) / (1 + r))^n) .................... (2)

Where;

PVga = present value of a growing annuity or equivalent present worth of the series = ?

P = constant dollar (or real-dollar) payments = $6,000

r = real interest rate = 0.06730769230769

g = growth rate of payments = 5%, or 0.05

n = number of years = 5

Substituting the values into equation (2), we have:

PVga = (6000 / (0.06730769230769 - 0.05)) * (1 - ((1 + 0.05) / (1 + 0.06730769230769))^5)

PVga = 346,666.666666712 * 0.078493722845371

PVga = $27,211.16

Therefore, the equivalent present worth of the series is $27,211.16.

Solo Corp. is evaluating a project with the following cash flows:
Year Cash Flow 0 $28100 1 10,300 2 13,000 3 14,900 4 12,000 5 — 8,500
The company uses an Interest rate of 8 percent on all of Its projects.
a. Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places. e.g., 32.16.)
b. Calculate the MIRR of the project using the reinvestment approach. (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
a. Discounting approach MIRR %
b. Reinvestment approach MIRR %
c. Combination approach MIRR €Y.

Answers

Answer and Explanation:

The computation of MIRR under the following methods are shown below:

a. Using the Discounting Approach:

Interest Rate = 8%

The Present Value of Cash Outflows os

= -$28,100 - $8,500 ÷ 1.08^5

= -$33,884.96

Now  

Let us assume the MIRR be i%

So,

0 = -$33,884.96 + $10,300 ÷ (1 + i) + $13,000 ÷ (1 + i)^2 + $14,900 ÷ (1 + i)^3 + $12,000 ÷ (1 + i)^4

Now use the financial calculator, after using it i is 17.18%

Thus, MIRR is 17.18%

b. Using the Reinvestment Approach:

Interest Rate = 8%

The Future Value of Cash Flows is

= $10,300 × 1.08^4 + $13,000 × 1.08^3 + $14,900 × 1.08^2 + $12,000 × 1.08 - $8,500

= $52,228.65  

Let us assume MIRR be i%

So,  

0 = -$28,100 + $52,228.65 ÷ (1 + i)^5

(1 + i)^5 = 1.85867

1 + i = 1.1320

i = 0.1320

= 13.20%

Thus, MIRR is 13.20%

c. Using the Combination Approach:

Interest Rate = 8%

Present Value of Cash Outflows is

= -$28,100 - $8,500 ÷ 1.08^5

= -$33,884.96

And,  

Future Value of Cash Inflows is

= $10,300 × 1.08^4 + $13,000 × 1.08^3 + $14,900 × 1.08^2 + $12,000 × 1.08

= $60,728.65

Let us assume MIRR be i%

So,  

0 = -$33,884.96 + $60,728.65 ÷ (1 + i)^5

(1 + i)^5 = 1.7922

1 + i = 1.1238

i = 0.1238

= 12.38%

Thus, MIRR is 12.38%

During self-construction of an asset by Richardson Company, the following were among the costs incurred: Fixed overhead for the year $1,000,000 Portion of $1,000,000 fixed overhead that would be allocated to asset if it were normal production 80,000 Variable overhead attributable to self-construction 100,000 What amount of overhead should be included in the cost of the self-constructed asset

Answers

Answer:

$180,000

Explanation:

Amount of overhead should be included in the cost of the self-constructed asset = Fixed overhead that would be allocated to asset + Variable overhead attributable to self-construction

= $80,000 + $100,000

= $180,000

Thus, $180,000 is the amount of overhead that should be included in the cost of the self-constructed asset.

Suppose the spot rate of the pound today is $1.70and the three-month forward rate is $1.75. How can a U.S. importer who has to pay 20,000pounds in three months hedge the foreignexchange risk?

Answers

Answer: £35000

Explanation:

From the question, we are informed that the spot rate of the pound today is $1.70 and the three-month forward rate is $1.75.

Based on the above information, if

The importer buys £20,000 at $1.75/£ and therefore pays the amount in 90 days as:

£20,000 x $1.75/£

= £35,000

Suppose your production costs increased. In 1 or 2 sentences, describe the effect of this increase on the quantity of goods you supply.

Answers

Answer:

In the product process, margins define much of the procedure. If production costs increase, the quantity of goods produced will almost always decrease given the price of raw materials stays consistent.

Explanation:

A firm that shuts down temporarily has to pay a. its fixed costs but not its variable costs. b. its variable costs but not its fixed costs. c. both its variable costs and its fixed costs. d. neither its variable costs nor its fixed costs.

Answers

Answer:

its fixed costs but not its variable costs.

Explanation:

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.

Hourly wage costs and payments for production inputs are variable costs

Variable costs are costs that vary with production

If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.

When a firm that shuts down temporarily, the firm would still  have to pay expenses such as rent and electricity bills. These constitute fixed cost. But the firm would not have to pay variable costs e.g. the cost of buying raw materials used in variation.

On the other hand, if the firm shuts down permanently, it would not pay both its variable costs and its fixed costs

A provider of oil for home heating systems is offering $100 off its first delivery to new customers. This is an example of which sales promotion tactic?
a. Contest
b. Free gift with purchase
c. Bonuses
d. Push money

Answers

Answer:

b. Free gift with purchase

Explanation:

The promotion tactic that the provider is trying to use is a Free gift with purchase. This is because by making your first every purchase the company is basically gifting you a certain amount of money through a discount of your purchasing total. Companies tend to do this in order to attract customers through the enticement of free money or products/gifts. They are able to do this because a single purchase will make them more profit than they are wasting on the gift and can lead to recurring customers.

Juan purchases an annuity for 3890 dollars that will make 19 annual payments, the first to come in one year. If the effective rate of interest is 10.8 percent, how much is each annual payment?

Answers

Answer:

489.92  

Explanation:

The formula for the  present value of an ordinary annuity below can be used to determine the size of annual payment wherein  the formula is rearranged to make annual payment the subject of the formula:

PV=Annual payment*(1-(1+r)^-n/r

PV=price paid today=3,890

Annual payment= the unknown

r=effective rate of interest=10.8%

n=number of annual payments expected=19

3,890=Annual payment*(1-(1+10.8%)^-19/10.8%

3,890=Annual payment*(1-(1.108)^-19/0.108

3,890=Annual payment*(1-0.142476931 )/0.108

3,890=Annual payment*0.857523069 /0.108

Annual payment=3,890*0.108/0.857523069

Annual payment= 489.92  

If the sales revenue is $150,000 and the margin of safety is $30,000, then the break-even
sales will be:
$180,000
$120,000
$150,000
$250,000

Answers

A is the correct answer

At contract maturity the value of a call option is ___________, where X equals the option's strike price and ST is the stock price at contract expiration.
a. max (0, ST - X)
b. min (0, ST - X)
c. max (0, X - ST)
d. min (0, X - ST)

Answers

Answer:

A. Max (0, ST - X)

Explanation:

call option which is also known as a "call", can be regarded as a contract, that exist between both buyer as well as the seller of the call option, in so that security exchange at a set price can occur. It should be noted that At contract maturity the value of a call option is Max (0, ST - X) where X equals the option's strike price and ST is the stock price at contract expiration.

James is an efficient sales professional. However, in the past few months, he hasn’t been performing to the best of his ability because of the change in modules. What should James’s manager do?
A.
change his team
B.
find out the cause of his behavior from his friends and relatives
C.
send him to another training session
D.
fire him because there’s no excuse for not performing well

Answers

B. In my opinion is b tell me if you got it correct

Answer:

C. send him to another training session

Explanation

plato

Résumés should be prepared using the following guidelines:
12-point font
uniformly designed
white space to improve readability printed on quality paper​

Answers

Answer:

I personally selected all of them, not sure if it's right or not because my teacher didn't tell me for some reason, but it's worth a try.

Explanation:

If the abnormal return for a stock during the first week is +5 percent and +3 percent during the second week, what is the abnormal return for the two-week period?
A) 5 percent
B) 3 percent
C) 8.15 percent
D) 8 percent

Answers

Answer:

C) 8.15 percent

Explanation:

The computation of the abnormal return for the two week period is as follows:

Abnormal return is

= (1 + first week abnormal return) × (1 + second week abnormal return) - 1

= (1 + 5%) × (1 + 3%) - 1

= 1.0815% - 1

= 8.15%

Hence, the correct option is c.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Smith Company sponsors a defined benefit pension plan. The beginning balance of plan assets is $5 million; the beginning balance of the PBO is $5.5 million; the expected rate of return is 8%, the discount rate is 6%, and the salary trend rate is 4%. The interest cost is equal to:___________.

Answers

Answer:

$330,000

Explanation:

Calculation for the interest cost

Using this is

Interest cost=Beginning balance of the PBO * discount rate

Let plug in the formula

Interest cost=$5.5 million * 6%

interest cost=$330,000

Therefore the interest cost is equal to:$330,000

Government agencies allow consumers to initiate transactions with government agencies, such as when they pay their taxes, pay traffic fines, or renew automobile registrations via the Internet. The online marketing domain involved is ____________ .

Answers

Answer:

affiliate marketing

Explanation:

In simple words, the affiliate marketing relates to the type of marketing under which the user and the handler of any online domain interact with each other due to the actions made by one or both of the parties. In this type of online marketing the transactions are done on the basis of the pre-defined information on the user end.

Thus, from the above we can conclude that the given case depicts affiliate marketing.

The online marketing domain involved is C2G.

The following information related to C2G is:

The full form of C2G is Consumer to Government. In this, the consumer provide the feedback related to the government authority. In this, the traffic fines, taxes are paid.

Therefore we can conclude that The online marketing domain involved is C2G.

Learn more: brainly.com/question/6201432

Which type of pricing strategy has gained popularity due to the increased use of the Internet?
OA going-rate pricing
O B.
OC. value pricing
OD. perceived-value pricing
auction-type pricing

Answers

Answer:

B. Auction-Type Pricing

Explanation:

Auction-type pricing: With Internet commerce increasing in volume, the auction-type pricing strategy is growing popular in the online marketplace.

Answer:

Auction-type pricing

Explanation:

When a single broker represents both parties in a real estate transaction, a _______ agency may exist.

Answers

Answer:

Dual

Explanation:

real estate transaction,which is used to convey ownership of a particular property to the buyer whereby there is a mutual agreement on some terms. The contract may be long it in shirt time.the end process is usually reffered to as “closing,” and this is a term that explains that both parties need to fulfill all terms and conditions that is associated with the exchange.

It should be noted that When a single broker represents both parties in a real estate transaction, a dual agency may exist.

who was the first men in india​

Answers

Answer:Jawaharlal Nehru

Explanation:

Answer:
Balangoda Man

What helps art directors ensure that ad vision works on the screen and allows cost effective critical changes to take place before production?
A.
Copywriting
B.
Storyboarding
C.
Animating
D.
Auditioning

Answers

Storyboard - hope that helps!

Answer:

Storyboarding B

Explanation:

meaning of miscellaneous ​

Answers

Answer:

it means consisting of different items/member that are of different kinds

Explanation:

If a 3D printer increased in cost at exactly the inflation rate, what was the inflation rate if the printer costs exactly twice as much now as it did 10 years ago?

Answers

Answer:

7.18% per year

Explanation:

Calculation for the inflation rate

Using this formula

Inflation rate =1(1 + f)^10 =2

Inflation rate = (1 + f) =2^0.1

Inflation rate=( 1.0718f-1)*100

Inflation rate = 0.0718 *100

Inflation rate=7.18%

Therefore the inflation rate will be 7.18% per year

The Nacho Division of the Tex-Mex Company has a return on investment (ROI) of 12%, sales of $217,000, and an asset turnover of 4. What was Nacho's operating income?
a. $1,628.
b. $6,510.
c. $104,160.
d. $26,040.

Answers

Answer:   Nacho's operating income= b. $6,510.

Explanation:

First, we calculate the Total Asset of the Divison.

Asset turnover = Sales/ Total Assets

Total Assets = Sales/ Asset turnover

= $217,000/ 4

Asset turnover=$54,250

Also Return on investment = Operating Income/ Total Assets

Therefore Operating Income=Return on investment x Total Assets

= 12% X 54,250

=$6,510

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