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never [62]
4 years ago
11

Labor is a resource that is necessary to produce many goods. "If the price of labor falls," says the economist, "the prices of g

oods will soon follow." How does this work?
a. the supply of goods rises
b. the demand for goods falls
c. the demand for goods rises
d. the supply of goods falls
Business
2 answers:
Snezhnost [94]4 years ago
6 0
Labor is a resource that is necessary to produce many goods. "If the price of labor falls," says the economist, "the prices of goods will soon follow."
This works because A) the supply of goods rises.
kumpel [21]4 years ago
6 0
<span>If the price of labor falls, the supply of goods rises, and the prices of those goods fall.

The right answer is: </span><span>a. the supply of goods rises</span>
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Write down<br>any<br>four importance of employment​
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Answer:

1. to make money to pay bills.

2. to sopport your family.

3. to so responce abilaty.

sorry I can't think of a fourth one.

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3 years ago
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All of the following are advantages of using the services of an investment company except:
Serjik [45]
The one that is not an  advantage of using the services of an investment company is: D. insurance protection against loss of principal.
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3 years ago
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On July 1, 2019, Bronson Co. purchased some equipment that initially cost $52,800. Additional costs included freight costs $300,
Lostsunrise [7]

Answer:

Depreciation Expense = $5800

Explanation:

As per the data given in the question,

Initial cost = $52,800

Freight cost = $300

Non-refundable tax = $6,400

Installation = $500

Estimated residual value = $2,000

Rate = 10%

So total cost of assets = $52,800 + $300 + $6,400 + $500

= $60,000

As per the following formula,

The straight line depreciation expense = (Cost- Residual value) × Straight line depreciation rate

=($60,000 - $2,000) × 10%

=$58,000 × 10%

=$5,800

8 0
3 years ago
Press agentry refers to the: A. Gathering of marketing research to determine the best public relations strategyB. Reciprocal arr
Pavlova-9 [17]

Answer:

C. Planning of activities and the staging of events to attract attention and to generate publicity.

Explanation:

When an individual or a company staged an event with the aim of catching the attention of the press or generate publicity, it is called press agentry.

Press agentry is mostly done by an organization to attract the public towards its product for personal gain. It focuses on the outcome of an event rather than the process that leads to the event.

Example of press agentry is when the CEO of a plastic industry suddenly announce an increment(about 500%) for its product. The increment generate uproar on social media because the company has become a household name and the product whose price was increased has also become a brand.

Due to the above scenario, the uproar would definately bring criticism to the company but such would also attract the media. The sudden increment will be termed publicity stunt to gain media attention.

3 0
4 years ago
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