Answer:
B. Workers lost these jobs because technological advances increased productivity.
Explanation:
The employees lost employment due to the increased efficiency of technological progress. By improving the productivity of manufacturing drivers, technological advancement expands an economic limit on the possibility of production, allowing equivalent output to be manufactured with fewer resources or more output to be manufactured with the same quantity of resources. For example a machine component that takes 5 men to lift and 10 to assemble in 5 minutes just takes a single machine that doesn't receive wages apart from lubricant a minute to lift and assemble perfectly. Definitely machines are replacing humans to increase efficiency and productivity. Only few humans are employed to supervise and monitor.
Answer: on edge it's B the right to attend classes at a school...
Explanation:
Answer:
decline and product diversity in the market increases.
Explanation:
Competitive price searcher markets are those that have little barriers of entry for new firms.
Also the new forms are able to engage in transactions that are profitable. That is they easily take a market share.
In this scenario it will result in greater diversity of products as many firms can now produce goods that will be profitable in the market.
Also it will lead to a decrease in profit of existing firms as the new firm gets some of the market share
Answer:
$221,500
Explanation:
The computation of the amount of the goodwill is shown below:
Goodwill = Acquiring value - fair market value of all assets
where,
Acquiring value = $502,000
And, the fair market value of all assets is
= Account receivable market value + inventory market value + fixed assets market value + other assets market value
= $35,000 + $183,000 + $46,500 + $16,000
= $280,500
So, the goodwill is
= $502,000 - $280,500
= $221,500