Answer:
The correct answer is letter "C": Common- size income statement.
Explanation:
A Common Size Income Statement is expressed as a percentage of net sales for each company's account. Common Size Income Statements are simple tools that a business owner or a high-rank executive can use to compare the company's finances over different periods, with competitors or industry averages.
Explanation:
A. When microchip used in smartphones become less costly to produce, the supply of smartphones are going to increase, causing a fall in equilibrium price and a rise in equilibrium quantity.
since one of the resources used to make smartphones has become cheaper, more smartphones would be produced, raising its supply, increased supply causes fall in price and rise in equilibrium quantity.
B. since the ALS bucket challenge went viral, supply and demand for research would increase, causing equilibrium price or opportunity cost to either rise or remain unchanged. the equilibrium quantity will then rise, fall or remain unchanged
False I believe! Hope this was correct for you..
Answer:
II. The Federal Government spends more than it collects in taxes in a given year.
Explanation:
A federal budget deficit is when government spending exceeds income from taxes.
I hope my answer helps you
Answer:
The temporary unemployment resulting from such sectoral shifts in the economy is best described as frictional unemployment.
This is because it is temporary and people in the affected sector could opt for jobs in other performing sectors of the economy.
Explanation:
Suppose the world price of cotton falls substantially, the following scenario will ensue.
The demand for labor among cotton-producing firms in Texas will reduce .
The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will also decline .
The temporary unemployment resulting from such sectoral shifts in the economy is best described as frictional unemployment.
Frictional unemployment is seasonal employment that could occur when there is no demand or work period is completed unlike structural unemployment that can last for long.
It is a temporary unemployment situation because workers in the cotton industry could opt for jobs in other performing sectors of the economy.
