Answer: Increase
Explanation:
According to the Law of Supply and Demand, If the demand for the good is higher than the supply, the price will be higher to reflect the relative scarcity and if the demand is lower than supply, the price will be lower to reflect the relative excess.
In this case the quantity demanded is higher than the quantity supplied so the price will have to increase to reflect the relative scarcity of the good.
Answer:
Labor productivity= 2.35 tires per hour of work
Explanation:
Giving the following information:
Fok makes 1,000 tires per day with the following resources:
Labor: 425 hours per day at $12.50 per hour.
The labor productivity is calculated based on the number of units made divided by the amounts of hours required:
Labor productivity= 1,000/425= 2.35 tires per hour of work
<span>Herman would have to take action if he find's out from Sally that Jake has a visual impairment. He would have to consider whether or not he could reasonably make changes that would allow Jake to still do his job, or if the needed changes would cause an undue hardship on the business.</span>
Answer:
The human capital theory
Explanation
The human capital theory explores the relationship between investment in human capital and earnings.
Investment in human capital can take the form of education or training.
The theory suggest that those that invest in human capital earn higher income
The human capital theory also explores pattern of earnings. The theory suggests that the earnings of young people would be low as they would forgo earnings to invest in human capital . Earnings would increase as one gets older because old people invest less in education and training
Answer:
a. February 15, 20y9, supplies purchased on account
Dr 15-Supplies 2,250
Cr 21-Accounts payable 2,250
b.
Supplies Account N. 15
Date Particulars Journal Debit Credit Balance
ref. Debit Credit
2/11 purchase 1 2,250 2,250
c.
Accounts payable Account N. 21
Date Particulars Journal Debit Credit Balance
ref. Debit Credit
2/11 supplies 1 2,250 2,250
