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2 years ago

How will an increase in labor productivity affect equilibrium in the labor market?

1 answer:

8 0

We can actually infer here that an increase in labor productivity will affect equilibrium in the labor market in the following way: The demand for labor will increase and the equilibrium wage and quantity of labour will increase.

<h3>What is equilibrium?</h3>

Equilibrium refers to the state whereby opposing things are balanced in order to achieve a desired outcome.

If the labor productivity is increased, it will definitely affect equilibrium in the labor market in such a way that the demand of labor will increase.

Learn more about equilibrium on brainly.com/question/517289

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This year Lloyd, a single taxpayer, estimates that his tax liability will be $10,900. Last year, his total tax liability was $15

Aneli [31]

Answer:

How much does Lloyd need to increase his withholding by (for the year), in order to avoid the underpayment penalty?

Explanation:

If he increase withholding by $1,440 for the year.

A citizen can maintain a strategic distance from an underpayment of punishment if their retention and evaluated assessment installment measure up to or surpass one of the two safe harbors.

90% of current expense risk = 90% * $10,900

= $9,810.

100% of past assessment risk = $15,600.

Since, Lloyd's retention does not equivalent or surpass $9,810 or $15,600.

He should expand retaining or make payment this year to stay away from the underpayment punishment

= $9,810 - $8,370

= $1,440

8 0

3 years ago

Production Budget Weightless Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales fo

LUCKY_DIMON [66]

Answer:

Total units to be produced:

Bath Scale = 144,500

Gym Scale = 88,000

Explanation:

The following anticipated unit sales for the scales by sales region are given in the question:

Bath Scale Gym Scale

East Region unit sales 55,000 30,000

West Region unit sales 95,000 60,000

Total 150,000 90,000

The production budget can now be prepared as follows:

Weightless Inc.

Production Budget

For the Month Ending October 31

Units Bath Scale Units Gym Scale

Expected units to be sold 150,000 90,000

Desired inventory, October 31 12,500 8,000

Total 162,500 98,000

Estimated inventory, October 1 (18,000) (10,000)

Total units to be produced  144,500   88,000 

7 0

3 years ago

Paul makes an offer to lynn in a written purchase order, saying nothing about how her acceptance should be sent. lynn indicates

nignag [31]

Lynn’s acceptance is effective when she decides to accept. By the time she decided to accept the offer, there was already meeting of the minds between Paul and Lynn. Therefore, the acceptance of Lynn is effective from the time she decided to herself that she would accept the offer regardless of the time when the acceptance was received by the other party.

4 0

4 years ago

C-Stop reports the following information at year-end: Estimated Book Value Cash Flows Fair Value Building $ 500,000 $ 380,000 $

forsale [732]

Answer:

total amount of impairment loss: $139,,000

Explanation:

Given that:

Book value Estimated cash flow Fair value

Building $ 500,000 $ 380,000 $ 360,000

Patent $ 35,000 $ 40,000 $ 38,000

Machine $ 100,000 $ 120,000 $ 85,000

The impairment loss happens when C-Stop corporation cash flow is less than it's book value.

As we can see that the estimated cash flow of copyright and building are less than the book value, so total amount of impairment loss:

($ 500,000 - $ 360,000 ) - ($ 40,000- $ 39,000 )

= $ 140,000 - $1,000

= $139,000

Hope it will find you well.

8 0

3 years ago

Which of the following price bases is mostly likely to be used for commercial construction projects or custom-made equipment?

Svet_ta [14]

Answer:

b. cost-plus pricing

Explanation:

cost-plus pricing is a price base that involves a markup addition to the cost of services and goods to get to the final selling price. In this technique you compute all cost (material, labor, etc) and then add a percentage in order to obtain the product's price

4 0

3 years ago