1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
guapka [62]
3 years ago
9

Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will ______. T

he demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will _______. The temporary unemployment resulting from such sectoral shifts in the economy is best described as ___________.
decrease, increase,frictional
Business
1 answer:
Maslowich3 years ago
4 0

Answer:

Decrease, Increase and frictional

Explanation:

Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will <u>DECREASE</u>. The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will <u>INCREASE</u>. The temporary unemployment resulting from such sectoral shifts in the economy is best described as <u>FRICTIONAL</u>

You might be interested in
The Talbot Corporation makes wheels that it uses in the production of bicycles. Talbot's costs to produce 110,000 wheels annuall
Anna [14]

Answer:

Indifferent Purchase price per wheel = $123,200/110,000 = $1.12

Explanation:

Provided that:

Number of wheels produced: 110,000

Cost for these wheels in case of manufacturing

Direct Material = $22,000

Direct Labor = $33,000

Variable Manufacturing Overhead = $16,500

Fixed Manufacturing Overhead = $59,000

Total Cost = $130,500

Rate of outside supplier = $0.80

Then total cost in case of purchase = Purchase cost + Unavoidable fixed cost - Rent Revenue

= $0.80 \times 110,000 + ($59,000 - $14,000) - $37,700

= $88,000 + $45,000 - $37,700

= $95,300

since net effect of buying the wheels is a gain of $130,500 - $95,300 = $35,200

Thus the wheels shall be bought and not manufactured.

The price at which the buying and manufacturing option will be indifferent shall be:

Purchase Price + Unavoidable Fixed Cost - Rent Revenue = Manufacturing cost

Purchase Price + $45,000 - $37,700 = $130,500

Purchase Price = $123,200

Purchase price per wheel = $123,200/110,000 = $1.12

7 0
2 years ago
Suppose Country A and Country B each have a GDP equal to $440 billion and $560 billion respectively. Country A has 100 million p
Ber [7]

Answer:

A. Higher in Country A

Explanation:

So to get per capita income

Formula

GDP/Population

Therefore

For Country A

440/100=4.4

Per capita income for country A is 4.4

For Country B

560/175=3.2

Per capita income for country B is 3.2

So the per capita income for country A is higher than Country B

3 0
2 years ago
Maggie’s mom agrees to let Maggie buy small gifts for some of her friends. Each gift costs $4. Maggie’s mom gave her a budget of
solmaris [256]

Maggie can buy 3 gifts

Solution:

Total budget $19

Each gift costs $4

Shipping fee $7

a.  Total budget — Shipping fee = $19 - $7 = $12  

Maggie’s got $12 more

Each gift costs $4  

Number of gifts that Maggie can buy = \frac{12}{4}  =3  

b.   Let x represent the number of gifts.  

                      19 = 7 +4x

       Subtract -7 from both sides

             19 - 7= 7 + 4x - 7

            Now Simplify,

                   12 = 4x

         Divide both sides by 4

                   \frac{12}{4} = \frac{4x}{4}

                      x = 3  

5 0
3 years ago
The current value in today's dollars of a future sum of money is called :______
AleksandrR [38]
Ans: (a) present value
4 0
2 years ago
Roy Company manufactures a product in Departments A and B. Materials are added at the beginning of the process in Department B.
slamgirl [31]

Answer:

Number of equivalent units= 18,000

Explanation:

Giving the following information:

Conversion costs for Department B were 50% complete concerning the 6,000 units in the beginning work in process and 75% complete for the 8,000 units in the ending work in process. A total of 12,000 units were completed and transferred out of Department B during February.

With the information provided, we can calculate the number of equivalent units of the period.

Beginning work in process = 6,000*0.5= 3,000

Units started and completed = 12,000 - 3,000= 9,000

Ending work in process completed= 8,000*0.75= 6,000

Number of equivalent units= 18,000

6 0
3 years ago
Other questions:
  • Which demand did the aim members insist the fbi negotiator grant immediately?
    6·1 answer
  • Equipment that cost $420,000 and on which $200,000 of accumulated depreciation has been recorded was disposed of for $180,000 ca
    11·1 answer
  • Weisbro and Sons common stock sells for $24 a share and pays an annual dividend that increases by 4.9 percent annually. The mark
    8·1 answer
  • These often managerial level decisions occur in situations in which a few established processes help to evaluate potential solut
    9·1 answer
  • When a periodic inventory system is used, a.only the reduction of inventory is recorded each time a sale is made. b.only the cos
    11·1 answer
  • For each of the following characteristics, indicate whether it describes a perfectly competitive firm, a monopolistically compet
    13·1 answer
  • Explain the importance of decision making in management
    12·1 answer
  • How do stocks and bonds differ? Stocks may help you protect your money from inflation while bonds may be more susceptible to los
    10·1 answer
  • Lighting equipment listed for horticultural use and connected with flexible cord shall have outlets that are _______.
    11·1 answer
  • Carver Incorporated purchased a building and the land on which the building is situated for a total cost of $700,000 cash. The l
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!