Taking into account recent technological developments, what technical advances do you think are possible in the next twenty years

The economic system of free enterprise is an economic system that encourages entrepreneurs and allows individuals to own most businesses.

To learn more about the economic system of free enterprise refer to:

https://brainly.com/question/18213699

#SPJ4

Option D is correct. A company expects to operate over a relevant range.

The word "relevant range" in accounting typically refers to a normal range of volume or normal amount of activity, where the total amount of a company's fixed costs won't change as the volume or amount of activity changes. Since a corporation would take action to reduce its overall amount of fixed costs if its volume were to drastically collapse, the term "relevant range" is included in the definition of fixed costs. In a similar vein, if the company's volume were to sharply rise, it would probably have to raise the overall sum of its fixed costs.

It's crucial to select a relevant range because otherwise, you risk making inaccurate estimates if you assume that all of your costs—variable or fixed—will remain constant. Additionally, if you disregard relevant range, you risk running into production capacity problems, failing to recognize that you have reached your limit for the time period and cannot physically produce all the necessary goods.

To know more about relevant range visit:

https://brainly.com/question/13296648

#SPJ4

A) then the units started into production will equal the number of units transferred out. If there are no units in process at the beginning of the period, then the units started into production will equal the number of units transferred out.

When no units are in progress at the start of a period, all units put into production during that period will have been finished and transferred out by the conclusion of that period. This is because there aren't any ongoing projects from earlier periods that were started during the current period. Additionally, this indicates that by the end of the period, there won't be any units in progress. It's also vital to keep in mind that just the precise scenario mentioned in the question applies to this; in other cases, the units put into production and those moved out might not be the same.

Learn more about production units here:

brainly.com/question/14772856

#SPJ4

Businesses may help society by providing excellent goods, such as those offered by Volvo.

b. Increasing quality

e. Increasing value for money

Quality improvement refers to everyone in a firm working together to improve everything about it, notably its manufacturing process. It is a methodical technique for eliminating or reducing rework, waste, and losses in the manufacturing process. A product's quality can be judged in terms of performance, dependability, and durability. Quality is an important factor that distinguishes one firm from its competitors. Quality management tools guarantee that improvements in systems and processes result in higher-quality goods and services.

To learn more about the manufacturing process, click

https://brainly.com/question/28384697

#SPJ4

Equifax, TransUnion, and Experian are the three credit reporting organizations that offer free credit reports to consumers.

A lender's decision to grant you credit or approve a loan is influenced by your credit report. Additionally, the reports influence the interest rate they will impose on you. Renters, insurers, and employers may also check your credit report. When a lender or employer checks your credit, you won't know which credit report is being used.

Information for your credit reports is gathered and kept up to date by credit reporting agencies (CRAs). Since each CRA keeps its own records, it's possible that some of your accounts may not be covered by their records. No organization is more significant than the others, notwithstanding discrepancies in their reports. Moreover, each agency's information

To know more CRA visit: https://brainly.com/question/27995693

#SPJ4

The correct answer is B) 9.5%.

The unemployment rate in 2019 was 9.5%.

The rate is calculated by dividing the number of unemployed individuals who are actively looking for employment by the total labor force, including both employed and unemployed individuals. In this case, the calculation would be 10 million unemployed individuals divided by a total labor force of 95 million individuals (10 million unemployed + 85 million employed).

However, it's important to note that this rate doesn't take into account individuals who are not actively looking for employment, such as those who have given up looking or are unable to work. Therefore, it's important to consider other labor market indicators as well to get a more accurate picture of the labor market.

To learn more about unemployment

https://brainly.com/question/22775872

#SPJ4

The correct option of this question is 2. A competitive firm's product only makes up a small portion of the market’s total product.

In a monopolistic market, there is just a single firm that directs the cost and supply levels of goods and services.

An entirely cutthroat market is made out of many firms, where nobody firm has market control.

In reality, no market is simply monopolistic or entirely aggressive.

In the middle of between a monopolistic market and wonderful rivalry lies monopolistic contest or defective rivalry.

In monopolistic rivalry, there are numerous makers and buyers in the marketplace, and all organizations just have a level of market control.

In a monopolistic market, firms are cost creators since they control the costs of goods and services. In this sort of market, costs are for the most part high for goods and services since firms have complete control of the market. Firms have absolute market share, which makes troublesome section and leave points. Since obstructions to section in a monopolistic market are high, firms that figure out how to enter the market are still frequently overwhelmed by one greater firm.

to know more about goods and services click here:

https://brainly.com/question/25262030

#SPJ4

The correct answer is  teleconferences collaborative technologies have been most commonly used by virtual teams over the past 25 years.

A teleconference is a two-person or more live audio- or video-based meeting. Remote teams within a business may cooperate and communicate even when they are geographically separated because to the capacity to teleconference. An audio conference call between two different places with many people speaking through speakerphones on either end might be an example of a teleconference in its most basic form. written conversation utilising keyboard inputs and a shared programme across two or more computers. Teleconferencing is a conference that takes place over a phone line. It is a general word for using technology to connect individuals between two or more sites.

To learn more about teleconferences click the link below:

brainly.com/question/28317409

#SPJ4

The amount of one thing that must be sacrificed in order to obtain more of the other good is known as the opportunity cost of switching from one efficient combination of production to another.

The value or advantage lost by selecting one activity over another is referred to as the opportunity cost in microeconomic theory. More specifically, it means that once you choose one activity, you can no longer choose another. The best activity is the one that, once opportunity costs are deducted, delivers the highest return in comparison to all other activities. For instance, if you possess a car that you use just for personal transportation, you are not permitted to rent it out, but if you do, you are not allowed to use it for personal transportation either. If the cost of transportation without a car is more than the cost of renting one,

Learn more about opportunity cost from

brainly.com/question/3611557

#SPJ4

Economists are scientists who explain the world, and they also serve as policy advisers who advance humankind. These two jobs need different kinds of language since their objectives are different. The assertions made by economists as scientists are positive, whereas the statements made by economists in their capacity as policy advisers are normative.

What is the main visions and thoughts of these two professional groups?

To know more about Economy here

https://brainly.com/question/26368181

#SPJ4

Individuals and economies are similar in that they both involve the exchange of goods and services for money. Both individuals and economies must manage their resources and make decisions about how to allocate them in order to maximize their benefit.

Individuals and economies refer to the collective economic activities of people in a certain region or area. It encompasses the entire economic output of a region or area, including both production and consumption of goods and services. Individuals and economies are interrelated, as the economic activities of individuals can impact the economy as a whole. For example, if an individual purchases a product or service, it helps to stimulate the economy by creating jobs, increasing wages, and increasing the demand for goods and services. This, in turn, helps to increase the overall economic growth of the area. Additionally, the economic activities of individuals can also influence the economic policies of governments and other organizations.

Both individuals and economies must also manage risk and uncertainty in order to remain successful. Finally, both individuals and economies must be able to adapt to changing conditions in order to remain competitive.

To learn more about individual purchases
https://brainly.com/question/29305163
#SPJ4

Flour would not be considered as conversion cost by a baking company.

The conversion cost is the expense made by any industrial company to turn its raw materials into finished products that can be sold on the market. It frequently includes actual costs like administrative and manufacturing overheads in addition to the total cost of labor. Manufacturing Costs known as "overheads" may be directly related to each unit of a product or step in a process. These cover costs for items like electricity, rent, depreciation, insurance for the plants, upkeep for the plants, etc. The price of direct labor, which includes salaries, wages, pensions, insurance for those working in production, supervision, etc., is directly connected to how much the product is produced.

To learn about conversion cost, visit:

https://brainly.com/question/14619798

#SPJ1

Marketing ethics is the set of moral precepts that guides marketing decisions.

A company's promotional operations are governed by a set of moral rules called marketing ethics. Businesses that develop and uphold marketing ethics often work to respect the rights, preferences, and expectations of their customers.

Natural resources, consumerism, and interpersonal relationships make up the three main categories of social responsibility issues. Promoting initiatives that safeguard and maintain the environment is one of the most widespread ways that marketers show their sense of social responsibility.

To know more about Marketing ethics visit :-

https://brainly.com/question/28269622

#SPJ4

GDP per capita rises if population growth is slower than economic growth, while it falls the other way around.

GDP per capita is calculated by dividing the total gross value contributed by all producers who are residents of the economy by the mid-year population, plus any product taxes (less subsidies) that are not taken into account when valuing output.

The purchasing power parity (PPP) GDP per capita (current international dollars) is calculated by dividing the GDP by the midyear population. The GDP is the total value of goods and services produced by resident producers in an economy for final consumption, regardless of how much of that value is allocated to domestic and foreign claims.

gross private investment plus government spending plus investment plus government spending plus private consumption (exports – imports). "Per capita" is short for "per head." Gdp per capita = Gdp amount divided by population.

To learn more about Per capita GDP refer to:

https://brainly.com/question/18414212

#SPJ4

Option e is correct. Performance appraisals helps organizations oversee employee selection, training and development activities.

Performance appraisals are used to ascertain an employee's performance over a period of time. These ratings are used to highlight both strengths and weaknesses to improve future performance. The term “performance evaluation” refers to the regular review of an employee's job performance and overall contribution to the organization. Performance appraisals, also known as annual reviews, performance appraisals or evaluations, or employee appraisals, assess an employee's skills, achievements, and growth, or lack thereof.

Organizations use performance reviews to provide employees with comprehensive feedback on their work and to justify raises and bonuses, as well as termination decisions. It can be done at any time, but is typically annual, semi-annual, or quarterly. Performance appraisal is the regular evaluation of an employee's performance and contribution to the organization.

Know more about development here:

https://brainly.com/question/28011228

#SPJ4

Answer:

nvjnjhunvcddyj jkkooncdyj

How much people trust you is less important than the overall number of fans and followers you have,

The statement is False.

I believe that trust can be defined in terms of the following elements: consistency, compassion, communication, and competency after reviewing a wealth of literature on the subject.Trust is described in the dictionary as "feeling safe when one is weak." When we rely on a boss, relative, or friend, we might feel exposed, and we need trust to control our anxiety when this happens. Things run smoothly when there is trust present; however, the relationship is put at risk when trust is lost.

Consider a specific connection you have with someone at work as you read the descriptions.

To  know more about trust here

https://brainly.com/question/13457976

#SPJ4

A key idea in the Communist Manifesto by Karl Marx and Friedrich Engels is that workers should support the the condition for the free development of each is the free development of all.

Karl Marx was a well-known thinker who published works on social, political, and economic issues. Marx, who was born in Germany, spent a significant amount of time in London, where he produced many notable works, such as The Communist Manifesto and Capital (Das Kapital). Marx and his longtime friend and social theorist Friedrich Engels frequently worked together. Marx is well-known for his revolutionary writings that support Communist and socialism.

To learn more about karl marx refer here:

https://brainly.com/question/27753769

#SPJ4

All of the following are advantages of a company that has a dominant market share EXCEPT It has a production cost advantage due to higher production volume.

All direct and indirect expenses incurred by a company when producing a good or rendering service are referred to as production costs. labour costs, raw materials, consumable manufacturing supplies, general overhead, and other costs can all be included in production costs.

Expenses associated with producing a good or offering a service that brings in money for a business are referred to as production costs.

Labor, raw materials, consumable manufacturing supplies, general overhead, and other costs can all be included in production costs.

The sum of all direct material and labour costs as well as all production overhead costs can be used to calculate the overall cost of the product.

To learn more about production cost From the given link

https://brainly.com/question/29383456

#SPJ4

The opportunity cost of the nuclear buildup due to scarcity, as explained by Dwight Eisenhower, was that resources, both financial and human, that would have been used to fund other projects or initiatives were instead diverted to the nuclear buildup.

This, in turn, limited the ability of the government to fund other programs and initiatives that may have been of economic and social benefit.

The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost."

To know more about cost here

https://brainly.com/question/8879518

#SPJ4

Having fun, missing movies, achieving higher marks, Having fun and achieving higher grades . Better grades, missing the movie and the concert

Therefore, Mali has a clear advantage when it comes to manufacturing dates. The capacity for growing grains per farmer is equal across the two nations. As a result, neither nation has a distinct edge in terms of grain production. The expense of the rejected option is known as the opportunity cost.

You can express electronics prices in terms of food units. The range of electronics costs where trade could benefit both nations is Price must be greater than 2 food units but less than 4 food units. International trade is a decision made by two nations that benefits both of them in the long run. A nation can consume a combination of items that is beyond its original production potential frontier through specialisation and trade.

To learn more about costs refer to :

https://brainly.com/question/25881160

#SPJ4

This means the check will not be able to be processed and the person will likely incur a fee from their bank. Additionally, the person may be charged a fee by the person or entity to whom the check was written.

There are several common reasons for a check to bounce, including insufficient funds in the account, closed account, an account that is no longer active, or a mistake when writing the check such as incorrect date, amount, or payee. Additionally, if a check is written for an amount that exceeds the account balance and any available overdraft protection, it will also bounce.

The consequences of a bounced check can vary depending on the reason for the bounce, the amount of the check, and the person or entity to whom the check was written. Some common consequences include incurring a fee from the bank and the person or entity to whom the check was written, a negative impact on the person's credit score, and possible legal action, depending on the circumstances. It is also considered as a criminal offence in some countries and states, if done intentionally or repeatedly. Additionally, if the bounced check was written to a business, it can result in the person being added to a “bad check” database or being banned from doing business with that company in the future.

To know more about insufficient funds here:

brainly.com/question/3811038

#SPJ4

The correct answer is: c.  the opportunity cost of production increases

The production possibilities frontier with a bowed-out form suggests that when more of one commodity is produced in exchange for the other, the opportunity cost along the PPF rises. When two products are made from the same finite resource, the PPF curve on a graph shows the maximum amounts that may be produced of each product. The production possibility curve is another name for PPF. PPF is essential to economics as well. It might show, for instance, that a country's economy is operating at its peak efficiency. When creating things, opportunity cost refers to what is lost when resources are diverted from one product to another. A curve on a graph represents the greatest amount that can be produced. The PPF is the region on a graph that depicts production levels that are impossible to achieve given the resources at hand; the curve denotes optimal levels.

To learn more about PPF click here

brainly.com/question/17581360

#SPJ4

While it won't stop you from renew your Green Card, being well behind your taxes could have a negative impact on some of your future immigration benefits.

Taxes are compulsory payments made by a government agency, either local, regional, or federal, to people or businesses. Public works and services like roads and schools, as well as programs like Social Security and Medicare, are all funded by tax income.

In addition to financing public goods and services, taxation plays a crucial role in the social contract that unites people and the economy. A government's legitimacy may be determined by how taxes are collected and used.

To know more about taxes visit:

https://brainly.com/question/16423331

#SPJ4

An Economy Grows and Why It Crashes by Peter Schiff is a comprehensive and entertaining guide to understanding how the economy works.

In this book, Schiff explains the basics of economics and how it relates to the stock market and the real world. He discusses the importance of investing, the role of government, money supply and inflation, and how different economic policies affect the overall economy. He also explains the importance of understanding the business cycle and how to identify the warning signs of a recession. Finally, Schiff offers practical advice on investing for the long term and how to protect yourself from economic downturns.

To know more about economy here

https://brainly.com/question/8925980

#SPJ4

Resources are few, thus Bill Gates must deal with scarcity.

William Henry Gates III, a corporate magnate and philanthropist, was born on October 28, 1955. He established Microsoft with his late childhood friend Paul Allen. Gates held the positions of chairman, CEO, president, and chief software architect at Microsoft. He was also the largest individual shareholder in the company from May 2013 to May 2014. In the 1970s and 1980s, he played a crucial entrepreneurial role in the microcomputer revolution. Gates was born and raised in Seattle. He and Allen founded Microsoft in Albuquerque, New Mexico, in 1975. The company eventually became the largest producer of personal computer software globally. Gates presided as the company's chairman and CEO until January 2000, when he resigned and was succeeded by Steve Ballmer. He also served as the company's lead software architect. His business practices, which have been deemed anti-competitive, came under fire in the late 1990s. Many judicial judgements have supported this opinion.

Learn more about Bill Gates here

https://brainly.com/question/11297256

#SPJ4

A customer offers to put up other owned bring about a positive securities as backing for the buying of $12,000 worth of shares. The original margin is referred to as this.

Depositing cash equal to the call will satisfy a first-time Regulation T margin call. listed securities that are marginable and have a loan value equivalent to the call. In order to satisfy a Standard T margin call, an investor may deposit cash or deliver securities with a value equivalent to the loan amount of the call.

You may borrow up to 50% of the purchase price of margin securities in accordance with Federal Reserve Board Regulation T. The original margin is referred to as this. Some businesses want a larger deposit.

To Know more about marginable Visit:

https://brainly.com/question/13267735

#SPJ4

There are six major Performance Testing Types. Stress Examination, Spike checking, load testing, endurance evaluating, application, and scalability testing is especially useful are all types of testing.

Load testing is the most basic type of performance testing. You apply an ordinary or predicted workload to a device under test and watch what happens. Load tests can be used to ascertain overall behavior of the system, latency, and throughput. Load tests are commonly used to validate your quality requirements.

Stress testing is similar to load testing in that we apply a higher-than-expected workload to determine how the system will behave under severe stress and then when surpassing the allowable limit. You want to understand when your system fails and how it begins to fail in a dangerous traffic situation.

if an individual wants to tests application performance at peak times then he should go for stress Examination otherwise load testing.

To learn more about refer performance testing here

brainly.com/question/30078426#

#SPJ4

Listing a home does not bind the sales agent to the owner. If the owner fails to act seriously and professionally in order to sell the property, the listing agent may have reasons to terminate the listing.

Sales are actions that involve selling or even the number of items sold in a specific time period. A sale also includes the provision of a service for a fee. A sale is completed by the seller, or the provider of the products or services, in response to a purchase, appropriation, demand, or direct engagement with the buyer at the point of purchase. There is a passage of title and a price settlement, in which agreement is achieved on a price for which ownership of a item will be transferred. The seller, not the purchaser, normally executes the sale, which may be completed prior to the payment requirement. When it comes to indirect connection.

Learn more about connection here

https://brainly.com/question/28139077

#SPJ4

Offer B can be indicated by an arithmetic sequence because the salary difference is constant for two consecutive years.

Bn = 56,000 + 3,000n

where n is number of years in job.

Subtracting: B(n+1) - Bn

As you can see, the difference in salaries for two consecutive years is constant. That is, Bn is an arithmetic sequence.

An arithmetic sequence is an ordered set of numbers with a common difference between each successive term. For example, in the arithmetic sequence 3, 9, 15, 21, 27, the tolerance is 6. Arithmetic sequence can be called arithmetic progression.

To learn more about arithmetic sequence visit:

https://brainly.com/question/10396151

#SPJ4