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jek_recluse [69]
4 years ago
7

The labor demand curve is downward sloping because as the real wage ________ the amount of labor hired ________.

Business
1 answer:
Alex Ar [27]4 years ago
5 0
As the real wage Increases, the amount of labor hired decreases. 
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An enterprise resource planning (ERP) system is: a. a collection of integrated software for every functional area within an orga
Helen [10]

Answer:

An enterprise resource planning (ERP) system is:

(a) A collection of integrated software for every functional area within an organization.

Explanation:

7 0
3 years ago
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The traditional view of american diversity emphasized the concept of assimilation, which for many groups meant?
gregori [183]

The correct answer is true.

Minority communities have been forced to adopt Anglo-American culture and give up their traditions as a result of assimilation.

<h3>In terms of cultural plurality, what is assimilation?</h3>

In anthropology and sociology, assimilation refers to the process through which people or groups with different ethnic ancestries are assimilated into the dominant culture of a community.

<h3>What does assimilating into American society entail?</h3>

Assimilation is a hotly debated idea in which immigrant groups are urged, through social and cultural practices and/or political maneuvers, to embrace the culture, values, and social behaviors of the host country in order to gain full citizenship status.

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7 0
2 years ago
A monopolist faces a demand curve given by: P = 105 – 3Q, where P is the price of the good and Q is the quantity demanded. The m
geniusboy [140]

Answer: 15

Explanation:

For profit to be maximized by a monopolist, the marginal revenue and marginal cost must be gotten.

P= 105-3Q

MC= 15

Since total revenue is price × quantity, TR= P×Q = (105-3Q)Q

= 105Q-3Q^2

MR= 105-6Q

Since we've gotten marginal revenue and marginal cost, we equate both together.

MR=MC

105-6Q = 15

6Q = 105-15

6Q=90

Divide both side by 6

6Q/6 = 90/6

Q= 15

The quantity that will maximise profit is 15

6 0
3 years ago
The common stock of Buffalo Inc. is currently selling at $113 per share. The directors wish to reduce the share price and increa
ruslelena [56]

Answer:

Buffalo Inc.

a. Journal Entry:

No journal entry required except a memorandum to record the split.  

b. Journal Entry:

Debit Stock Dividend (Retained Earnings) $84 million

Credit Stock Dividend Distributable $84 million

To record the declaration of a 100% stock dividend.

When issued:

Debit Stock Dividend Distributable $84 million

Credit Common Stock $84 million

To record the issuance of stock dividends.

2. Both methods increase the outstanding number of shares by 100%.  However, with a stock split of 2-for-1, there is no journal entry except a memorandum record to state the split.

Secondly, with a stock split or 2-for-1, the market price is also halved.  This does not happen with a stock dividend.  The market forces will determine and correct the market price to an acceptable level.  A stock dividend requires some accounting entries to be made.

Explanation:

a) Data and Calculations:

Current market price of common stock per share = $113

Par value per share = $10

Book value per share = $68

Shares issued and outstanding = 8.40 million

a. The board votes a 2-for-l stock split:

Shares outstanding = 16.80 million shares

Market price = $56.50

Journal Entry:

No journal entry required except a memorandum to record the split.  The value of common stock remains the same.

b. The board votes a 100% stock dividend:

Shares outstanding will increase to 16.80 million shares

Market price = $113 and level off based on demand and supply.

Journal Entry:

Stock Dividend (Retained Earnings) $84 million

Common Stock $84 million

5 0
3 years ago
What would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent?
Afina-wow [57]

What would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent is: $135

<h3>Yearly earnings </h3>

Using this formula

Yearly earnings =Savings×Annual interest rate

Where:

Savings=9,000

Annual interest rate=1.5%

Let plug in the formula

Yearly earnings=9,000×1.5%

Yearly earnings =$135

Therefore what would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent is: $135

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3 0
1 year ago
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