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never [62]
3 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]3 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]3 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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McDonald has invented a machine that harvests corn in the field, automatically shucks the corn from the husk, and peels the kern
julia-pushkina [17]

Answer:

Correct option is (d)

Explanation:

Utility patent is granted to protect an innovation from being copied by others. Utility patent is granted to protect the functionality or usage of the product while design patent is granted to protect the way the product looks like its appearance or ornamentation.

Utility patent is granted for 20 years from the date the application is file with the US trade office while design patent is granted for 14 years from the date of invention.

Here, McDonald's invention is granted utility patent that protects the product for 20 years from the date application is filed with the US patent office.

6 0
3 years ago
Gonzo Co. owns a building in Georgia. The building’s historical cost is $970,000, and $440,000 of accumulated depreciation has
ladessa [460]

Answer:

1. The cost to be capitalized to building account is $343,600

2. The subsequent carrying amount of the building is $873,600

Explanation:

1. In order to calculate the which of the costs incurred by Gonzo Co. should be capitalized to the building account we would have to use the following formula:

cost to be capitalize=Major improvement to the plumbing+Added a loby

cost to be capitalize=$109,000+$234,600

cost to be capitalize=$343,600

The cost to be capitalized to building account is $343,600

2. To calculate the subsequent carrying amount of the building we have to use the following formula:

subsequent carrying amount=Historical cost+improvements-Accumulated Depreciation

subsequent carrying amount=$970,000+$343,600-$440,000

subsequent carrying amount=$873,600

The subsequent carrying amount of the building is $873,600

5 0
3 years ago
You have collected data for the 50 U.S. states and estimated the following relationship between the change in the unemployment r
sleet_krkn [62]

Answer:

[ -0.13, -0.15 ]  ( D )

Explanation:

Given data :

sample size ( n ) = 50

Independent variable ( p ) = 1

<u>determine the confidence interval for the slope </u>

Df ( degree of freedom ) = n - p - 1 = ( 50 - 1 - 1 ) = 48

b ( estimated slope ) = -0.23

Standard error of slope = 0.04

confidence interval = 95%

For confidence interval of 95% and Df of 48 ; critical value ( t ) = 2.011

∴ Confidence interval

= -0.23  ±  ( 2.011 * 0.04)

= -0.23 ± 0.08044

=  [ -0.13, -0.15 ]

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olga2289 [7]

Answer:

oh wow that's nice I think... XDD

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