Answer:
d. inflation will reduce their real wage and so decrease the number of available workers.
Explanation:
In the case when the demand for workers in some industries declines and they have to cut in nominal wages, so there would be increase in the wage bill of the industry because of this the price of the products will increased that also increase the inflation.
In the case when the inflation is rise, the real wage would fall as there would be declining in the purchasing power of money
So, the option d is correct
Dettol and Lifebuoy product comparison is taken
Explanation:
1. Features - The color of Dettol packaging is Green in color ,and Lifebuoy is Red in color. This makes the major physical difference in the products.
2.Benefits - Both oh them exhibit the same benefits of detoxing and use of disinfectant of germs. Soaps. liquid hand wash and hand sanitizers are the most common products of them.
3. Product Information- Dettol contains Chloroxylenol whereas Lifebuoy contains germ protection soap bars.
4.Style -Lifebuoy is a ring or horseshoe shaped and has a connecting line allowing the causality to be pulled to the rescuer in a boat.
5. Performance- Both the products have pros and cons attached to it. Where dettol is superior in some features whereas Lifebuoy has some superiority in other certain things.
Though both exhibit almost the same characters , it totally depends upon the person which they prefer over the two products.
Answer:
Transportation costs.
Explanation:
Alfred Weber lamented in his theory that the industries would set up where the least cost of transportation of raw material and finished goods would incur.
- He determined transportation costs on the basis of the difference of weight of raw material coming in and final product going out. And the proximity to the source of raw material.
Answer:
Debt Salaries payable is $8800
Credit Salaries expense is $8800
Explanation:
given data
earn unpaid and unrecorded salaries = $8,800
paid = $22,000
to find out
journal entry to reverse the effect
solution
here journal entry to reverse the effect January 1 journal entry to reverse the effect of the December 31 salary expense accrual is as
particular debt credit
Salaries payable $8800
Salaries expense $8800
as here unpaid salaries of December is paid in January
