The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be an increase in output, but not in the price, of the product. This is further explained below.
<h3>What is a
product?</h3>
Generally,
In conclusion, The market is in a state of long-term balance. There is currently a drop in typical salaries and the economy is entering a recession. As a consequence, production will rise without corresponding increases in cost.
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C. the answer is c. hope it helps
Answer: $26.48
Explanation:
The total cost of producing 2,000 units of Job 434 is;
= Direct materials + Direct labor cost + Manufacturing overhead cost
= 41,000 + (620 hours * 13 ) + ( 10 * 390 hours)
= $52,960
Unit product cost:
= total cost/ no. of units
= 52,960/ 2,000
= $26.48
<span>1. the land squatters occupy is not protected against seizure by someone else.
2. squatters cannot mortgage, or borrow against, the land.
3.</span><span>Squatters cannot legally sell the land they occupy.</span>
A. Transportation on land
The New Nationalism
New generation of political leaders
1816: Congress chartered Second Bank of the United States and passed a mildly protective tariff
Support for national internal improvements
<span>The accelerating growth of a national market was due in large measure to the fact that the cost of transportation and land dropped by 95% between 1825 and 1855.</span>
