An example of technological change is A. being able to produce the same output using fewer inputs. B. being able to produce more output using the same inputs. C. a decline in the quantity of output that can be produced from a given quantity of inputs. D. both a and b. E. all of the above.

Answers

Answer 1
Answer:

Answer:

The correct answer is option E.

Explanation:

Technological change implies a change in the level of technology. It can be both positive as well as negative. Positive technological change is called improvement or up-gradation in technology.  

Technological improvement will help to produce the same level of output using fewer inputs or to produce more output using the same inputs.

A negative change in technology is called degradation in technology. It will cause a decline in the quantity of output that can be produced from a given quantity of inputs.

Answer 2
Answer:

Final answer:

Technological change, being able to produce the same output using fewer inputs and producing more output using the same inputs, is best represented by both options A and B.

Explanation:

An example of technological change is indeed both A. being able to produce the same output using fewer inputs, and B. being able to produce more output using the same inputs. Technological change refers to the process by which businesses evolve their production processes via the application of technology. This might mean using an upgraded software to automate data entry, hence saving inputs, or leveraging a new machinery that increases the volume of output without requiring more inputs. Therefore, the correct answer is D. Both A and B.

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Quote from the scenario four challenges faced by the music industry
If Carol's disposable income increases from $1,200 to $1,700 and her level of saving increases from $200 to $300, her marginal propensity to: 1. save is three-fifths. 2. consume is one-half. 3. consume is four-fifths. 4. consume is one-fifths.

Money that your company has in the bank in case of unexpected financial needs or in case sales slow down is called

Answers

It is referred to as Liquid capital
emergency Funds , used to keep payroll or any other expenses going

When you gave your friend a fifty-dollar bill for an iPod, you used money as:A. a standard
B. store of value
C. medium of exchange
D. measure of value

Answers

Answer: Medium of exchange.

Explanation:

The $50 is given in exchange for an iPod, therefore in the question's illustration money serves as a medium of exchange. Money as a medium of exchange means that money is needed when conducting business transactions that involves buying and selling.

Interview a local business owner and request him/her to identify any business problem that they are experiencing using the Delphi technique

Answers

Delphi technique is a management technique which similar to brainstorming between panels of discussion

I interviewed a local Taxi owner with this technique. The current business problem that currently worry them the most is the development of uber technologies which greatly diminished their market share since they cannot compete with the price

The ________ holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver the desired satisfactions more effectively and efficiently than competitors in a way that preserves or enhances the consumer’s and the society’s well-being.

Answers

Answer:

Societal marketing

Explanation:

Societal marketing: The societal marketing is that marketing concept which focuses on serving the society at their best level by satisfying their needs, wants, and interest and keep the profit motive aside.  

It aims to produce such goods and serving those services which helps to improves the business organization image, goodwill, reputation to a larger extent. By satisfying the society at large, the organization can strengthen its long term success.  

This market concept is closely related to the Corporate Social Responsibility (CSR)

So, According to the given definition, the most appropriate term is Societal marketing

An individual's ecological footprint is equivalent to the:a.total amount of food consumed by that individual.
b.total amount of energy used by that individual.
c.total amount of carbon emissions from that individual's car.
d.amount of land required to provide all the resources used by that individual.
e.All of these choices are correct.

Answers

Answer: option D is correct

Explanation:

This is the biologically productive land that can sustain the individuals activities. It takes into account resources needed to produce goods and clean up it's waste.

Final answer:

An individual's ecological footprint is the total amount of land required to provide all the resources they use, and to absorb their waste. It is a comprehensive measure encompassing all areas of resource consumption and waste generation. In short, it reflects the true environmental impact of our lifestyle.

Explanation:

An individual's ecological footprint refers to much more than simply the food they consume, the energy they use, or the emissions from their vehicles. It is a comprehensive measure that is most accurately represented as the amount of land required to provide all the resources (like food, water, energy) used by that individual, and to absorb the waste they generate. Therefore, the correct answer to your question is d. amount of land required to provide all the resources used by that individual.

This footprint is equivalent to how much of the Earth's resources we use and how much waste we create compared to how much the planet can regenerate and absorb. If everyone lived like an average American, we would need five Earths to support us!

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Which of the following is an example of money as a unit of account?a. purchasing a remote-controlled toy on sale for $8.99
b. lending your best friend $25.00 to buy a guitar
c. opening a savings account at a bank that pays high interest
d. comparing camera prices at different store before buying one

Answers

The answer is lending your bestfriend 25 dollars to buy a guitar.
Unit of costs is the amount incurred by a particular company to be able to produce, store and sell the number of the same products. In the given example. 25 dollars is the cost of the guitar or the unit of costs.