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3 years ago

The demand for labor depends primarily on the additional output produced as a result of hiring an additional worker and

Business

1 answer:

Monica [59]3 years ago

7 0

Answer:

the additional revenue that the company will receive from selling the extra output produced by hiring the additional worker. This additional revenue is calculated by simply multiplying the total additional output times the sales price of each units of additional output.

As long as the additional revenue received is higher than the marginal cost of hiring an extra worker, the company will continue to hire more workers.

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Which action is an example of the United States using economic influence as a tool of foreign policy?

yan [13]

Answer:

Econimy Can use alot of help by influencing more things for their city.

Explanation:

Is there an option tho?

7 0

3 years ago

A pharmaceutical company in Belgium decides to expand into additional markets. It conducts research and decides to focus on mark

stepladder [879]

Answer:

C) standardization strategy

Explanation:

standardization strategy can be regarded as one whereby a business owner or firm give same treatment to the whole world as if it's just one market that have just small meaningful variation It's base on an assumption that needs of people can be met with a product.

7 0

3 years ago

What accounts are affected. issued check $644 to pay for an advertisement

mixas84 [53]

Answer:

Bank and Advertisement accounts

Explanation:

Journal entries

Advertisement A/c Dr $644

To Bank A/c $644

(Being advertisement expenses made by cheque)

Bank and Advertisement accounts are affected

8 0

3 years ago

A debit balance in the Allowance for Doubtful Accounts A. is the normal balance for that account.B. indicates that actual bad de

charle [14.2K]

Answer: The correct answer is "D".

Explanation: A debit balance in the "Allowance for Doubtful Accounts" indicates that actual bad debt write-offs have exceeded previous provisions for bad debts. So there was an estimating error of "Allowance for Doubtful Accounts".

8 0

4 years ago

On December 1, Milton Company borrowed $350,000, at 6% annual interest, from the Tennessee National Bank. Interest is paid when

rusak2 [61]

Answer:

The the adjusting entry for accruing interest is:

Debit Interest expense $1,750

Credit Interest Payable $1,750

Explanation:

On December 1, Milton Company borrowed $350,000, at 6% annual interest.

The interest amount Milton Company paid for 1 year = $350,000 x 6% = $21,000

The interest amount Milton Company paid for a month = $21,000/12 = $1,750

On December 31, following 1 month borrowing, Milton made adjusting entry for accruing interest:

Debit Interest expense $1,750

Credit Interest Payable $1,750

8 0

3 years ago