Business, 01.04.2020 22:40 BluSeaa

The increased use of automation and less use of the work force in companies has caused a trend towards an increase in

Answers: 2

Show answers

Answers

Answer from: Tyjon16

hi your question lacks the required options here is the complete question

The increased use of automation and less use of the work force in companies has caused a trend towards an increase in

both variable and fixed costs fixed costs and a decrease in variable costs variable costs and a decrease in fixed costs variable costs and no change in fixed costs

Answer : Increase in fixed cost and a decrease in variable costs

Explanation:

In the increased use of automation and less use of the workforce in companies and firms will lead to an increase in the fixed cost of production incurred by the company because acquisition of Machines for production is classified as a fixed cost and a relative decrease in the variable cost of production.

The variable cost of production is the production cost incurred in the production of an additional unit of product produced .since the production is done by automation hence the cost of hiring an additional workforce to produce an additional product will be eliminated ( decrease in variable cost )

Answer from: Quest

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Answer from: Quest

clarify customers’ doubts only when asked.

Another question on Business

Business, 21.06.2019 14:50

Bayside began 2014 with an inventory t-account debit balance of $155,000. inventory purchases during the year amounted to $75,000. there were no inventory-related write-downs or losses. what is its december 31, 2014, inventory account balance?

Answers: 1

Answer

Business, 22.06.2019 04:30

Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income ax this year

Answers: 1

Answer

Business, 22.06.2019 11:10

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value

Answers: 2

Answer

Business, 22.06.2019 17:30

After the embarrassing sign incident at the restaurant you own, you decide to offer employees a six-week fundamental writing skills workshop. a local business communication instructor, who has experience teaching writing skills at treleaven community college, will facilitate the sessions. to encourage employees to attend these optional sessions, write an email that explains why you’re offering the workshop and why employees should participate.

Answers: 2

Answer

You know the right answer?

The increased use of automation and less use of the work force in companies has caused a trend towar...

Questions