Answer:
Price increase is about 4.2%
Explanation:
Price Elasticity of Supply (PES) is a measure of the responsiveness of the quantity of a particular good/service supplied to a change in price.
The price elasticity of supply is mathematically the ratio of the percentage change in quantity supplied to the percentage change in price.
Answer:
does not apply to unpaid internships.
Explanation:
Minimum wage is the least price that can be paid to labour. It is an example of price floor.
To be binding, minimum wage is set above equilibrium price.
Minimum wage isn't applicable to unpaid internships because they aren't paid.
Minimum wage would affect the quantity of labour demanded and supplied.
I hope my answer helps you
Answer:
<u>EQUITY AND LIABILITIES</u>
<u>EQUITY</u>
Retained earnings $ 41,563
Preferred stock $ 8,485
Common stock - Issued $ 8,743
Treasury stock $ 2,450
Share Premium $ 52,878
Total Equity $114,119
Explanation:
The the stockholders’ equity section of the balance sheet shows the amount of capital invested by the shareholders in the business as well as the reserves that have been allocated to them.
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Answer:
Carter G. Woodson
Explanation:
Woodson. Carter G. Woodson was a scholar whose dedication to celebrating the historic contributions of Black people led to the establishment of Black History Month, marked every February since 1976.
Answer:
The employees in Mexico can either produce 2 cars or 50 bushels of wheat.
This means that the opportunity cost of producing 50 bushels of wheat is 2 cars.
For 1 bushel of wheat therefore;
= 2/50
= 0.04 cars
Opportunity cost of producing a car in Mexico will be;
= 50/2
= 25 bushels of wheat.
The opportunity cost of producing a car in Mexico is 25 bushels of wheat, and the opportunity cost of producing a bushel of wheat in Mexico is 0.04 cars.
