What considerations should govern your decision making as a consumer?

If the Market Equilibrium Wage Rate is $105.00 and FC = $1500.00: A. The firm Shuts Down and hires no workers and loses $1500.00

BartSMP [9]

Answer: B. The firm hires 45 workers and earns a $1,200.00 Economic Profit

Explanation:

If the Market Equilibrium rate is $105 then the company should hire 45 workers as shown in the table.

If they did that, revenue would be $7,425

Expenses would be wages and fixed costs:

= Wages + fixed costs

= (45 workers * wage rate) + 1,500

= (45 * 105) + 1,500

= $6,225

Economic profit would be:

= 7,425 - 6,225

= $1,200

6 0

3 years ago

What is down payment with regarding to buying a house?

mart [117]

The down payment is an initial payment made when something is bought on credit. It usually depends on the type of house or any other form of object

5 0

3 years ago

) Market size and growth rates in different countries can be influenced positively or negatively by A. E) the absence or presenc

tatyana61 [14]

Answer:

B. A) population sizes, income levels and cultural influences, the current state of the infrastructure, and distribution and retail networks available.

Explanation:

In a country where population is high, the demand for goods and services would be high and this would stimulate market growth. On the other hand, in a country where population is low, demand for products would be low and this can hinder market growth.

In a country where income level is high, demand for goods and services would also be high and this would stimulate market growth. The opposite is the case when income is low.

The presence of good infrastructure in a country enhances innovation and production and this can lead to market growth.

The presence of a strong and good retail network to enhance distribution of goods and services can lead to market growth as it assures producers of efficient distribution of goods and services produced.

I hope my answer helps you

3 0

3 years ago

One advantage of proprietary software versus off-the-shelf software is that _____.

Serjik [45]

(C) the software provides a company a competitive advantage by solving problems in a unique manner

Proprietary software is a special software designed for a specific application and owned by the organization, firm or individual that uses it. Proprietary software can give an organization leverage over competitors, by solving problems in a unique manner, however, off-the-shelf software is mass produced software used by several other organizations, thereby giving other organizations simple and identical problem-solving technique.

6 0

3 years ago

Read 2 more answers

Gladiator USA, a tire manufacturer, guarantees its tires against defects for five years or 60,000 miles, whichever comes firs

Harrizon [31]

Answer:

DR Cash............................................$96,450

DR Notes receivable........................$546,550

CR Sales revenue...................................................$643,000

(To record sales)

DR Warranty expense .............................$32,150

CR Warranty liability.................................................$32,150

(To record Warranty Expense)

DR Warranty liability.................................$20,000

CR Cash......................................................................$20,000

(To record Warranty Claim Payments)

Explanation:

Cash = 15% * $643,000

= $96,450

Notes Receivable = 643,000 - 96,450

= $546,550

Warranty Expense = 5% x $643,000

= $32,150

7 0

3 years ago