Assume that labor is a variable input. The average wage of workers increases in a purely competitive industry. This change will result in an increase in marginal cost for firms in the industry and a decrease in the industry supply curve.
Businesses may decide to request a wide variety of inputs. The most prevalent two are labor and capital in perfect competitive industry.
Marginal labor output in terms of revenue. The firm decides how much labor to demand by examining the marginal revenue product of labor after it is aware of the level of demand for its production. The additional revenue the business makes by hiring one more unit of labor is known as the marginal revenue product of labor (or any input). The marginal product of labor has an association with the marginal revenue product of work. The value of the marginal product of labor in a market with perfect competition is the firm's marginal revenue product of labor.
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Students can get a GED by
D) passing a test that awards a Certificate of High School Equivalency
Explanation:
GED has a bad rep among the students because it is not said to be favored by professionals or college but that is not the case entirely and one can be giving a GED for a various number of reasons.
If the person has not been able to cross high school for some reason and has been out of school for 10 months and does not want to wait another year, or simply cannot go for another year for the school they can get this test.
It is basically an equivalent test to the one that is usually touted to the kids as high school passing.
Answer:
D. Planning, estimating, budgeting, financing, funding, managing and controlling cost.
Explanation:
When you use a project management for something this is carried out by steps so these steps include all in D, because planning is the first step in any project and then the other ones because project management works in stages this makes the work easier and better understandable to carry out by other people with a single sight of the planning.
Answer:
The responses to these question can be defined as follows:
Explanation:
In question 1:
YES, the guarantee expense is an obligation.
In question 4:
Journal entries:
Date Title of Account Dr Cr
31-Dec expense Warranty 
18400
Estimated liability Warranty 18400
31-Jan Estimated liability Warranty 16000
Cash 16000
Balance on Warranty Liability:
Part -2 31-Dec Approximate amount of guarantee liability: $ 18400
Part-3 31-Jan Approximate amount of guarantee liability: $ 2400
