If his starting balance is the $225.91
then his balance would be
-131.71
Answer:
hedonic Theory of Wages:
Accept just two kinds of occupations in the work showcase (safe employments versus unsafe occupations). Under this, sheltered employments have likelihood of zero that specialist gets harmed. Unsafe occupations have likelihood of 1 and laborers know this. Laborers care about whether their occupations are sheltered or hazardous.
Laborers expand utility by picking wage-chance blends that offer them the best measure of utility. Expect laborers disdain hazard, yet to various degrees, for example they have diverse ideal pay chance blends. Firms are on their isoprofit bends that give the hazard wage mixes that give zero (financial) benefit. They vary between firms. An indulgent pay work mirror the connection among wages and occupation qualities. It matches laborers with various hazard inclinations with firms that can give employments that coordinate these diverse hazard inclinations.
Apathy bends uncover the exchange offs that a laborer favors among wages and level of hazard (chance thought to be an 'awful'). To give a similar utility, dangerous occupations must compensation higher wages than safe employments. The more prominent the laborer's aversion for hazard, the more prominent the pay off required for changing from a safe to an unsafe activity, and the more noteworthy the booking cost. As the pay firms bring to the table for hazardous occupations increments, less firms will extend to dangerous employment opportunities and bringing about a descending slanting interest bend as it turns out to be increasingly productive for firms to make occupations spare than to pay the higher compensation.
Suppositions of Differential Wage Theory are:
- The compensation differential is sure. Hazardous employments pay more than spare occupations.
- The balance wage differential is that of the last laborer employed (the peripheral specialist). It's anything but a proportion of the normal abhorrence for chance among laborers in the work showcase.
- Along these lines, everything except the minimal specialist are overcompensated by the market.
On the off chance that a few specialists like to work in dangerous occupations (they are eager to pay for the option to be harmed) and if the interest for such laborers is little, the market repaying differential is negative. At point P, where supply rises to request, laborers utilized in unsafe occupations acquire not as much as laborers utilized in safe employments. The outline given beneath shows the circumstance:
Isoprofit Curve:
As it is exorbitant to create well-being, a firm contribution hazard level P* can make the working environment more secure for example move left on flat pivot, just on the off chance that it diminishes compensation while keeping benefits consistent, so that the iso-benefit bend is upward slanting. Higher isoprofit bend returns lower benefit.
Answer:
Production December= 15,000
Explanation:
Giving the following information:
Month Unit Sales
October 10,000
November 14,000
December 15,000
Finished goods inventory at the end of November was 4,000 units.
<u>To calculate the production required for December, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
Production= 15,000 + 16,000*0.25 - 4,000
Production= 15,000
The Long-Run Aggregate Supply curve represents the full employment capacity of the economy and depends on the amount of resources available for production and the available technology.
<h3>What is Long-Run Aggregate Supply Curve?</h3>
The Long-Run Aggregate Supply (LRAS) Curve depicts the relationship between price level and real GDP that would exist if all prices, including nominal wages, were completely flexible. Along the LRAS, prices can move, but production cannot since it represents the output of full employment.
To learn more about LRAS visit:
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Answer:
Cash flows from investing activities is $653,200.
Explanation:
XYZ Company
Statement of cash flows (extract)
Proceed from sale of equipment ($80,000 - $34,000) $46,000
Purchase of vehicle $103,000
Proceed from sale of land $410,000
Proceed from sale of long-term investments in stock $94,200
Cash flows from investing activities $653,200