Answer:
400,000
Explanation:
7% of what number = 28,000
(0.07)(X) = 28,000
X = 400,000
(which is less than 700,000. But that makes sense because not everyone living in Michael's city is necessarily part of the labor force. Some could be kids in school, others grandparents who have retired, others people who stay at home and don't work.)
Answer:
The correct answer is that the price of the product will decrease in order to meet the equilibrium
Explanation:
Equilibrium point is the point where the quantity supplied is equal to the quantity demanded. And the equilibrium price as well as the quantity is evaluated through the intersection of the demand the supply.
When the quantity which is supplied is greater or more than the quantity demanded, it will create a situation of surplus. And if the product price is decreased or lowered down, then the quantity demanded of the product will increase or rise until it reached to equilibrium. In short, the surplus drives the price down.
Answer:B. Amanda must advise Sean and Dianne promptly of the inaccuracy and the consequences provided by Internal Revenue Code and Regulations.
Explanation:
Sean and Dianne have probably engaged Amanda at the end of the tax year and they are to face implications of the transactions as it relates to tax matters, Amanda is to provide them with legislation in relation to the matter to educate them in future tax transactions.
He made the decision to try the lawn care business for three months because he was unable to find a job with a suitable compensation. James spent $1,160 on a used pickup truck on June 1 after researching the market. He painted "James Cook Lawn Service, Phone 471-4487" on each door. Additionally, he spent $680 on tools, trimmers, and mowers. He signed a note payable agreeing to pay the $2,520 borrowed plus interest of $65 at the end of the three months in order to purchase these products (ending August 31). We can determine James' profit for the summer
To learn more on financial statements
brainly.com/question/24296949
#SPJ4
