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g100num [7]
3 years ago
9

Which of the following scenarios would result in a decrease in the wage rate of solar panel installers and a decrease in the qua

ntity of solar panel installers employed in Billy's town? An increase in the demand for solar panels raises the price of each installation A. decrease in people's income decreases the demand for solar panels A solar panel company shuts down in another town and solar panel installers try to find jobs in Billy's town. Wages of solar panel installers increase in another town and attract workers away from Billy's town.

Business
1 answer:
Digiron [165]3 years ago
7 0

Answer:

Wages of solar panel installers increase in another town and attract workers away from Billy's town.

Explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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Explain the differences between qualitative and quantitative forecasting techniques and when each one is appropriate to use in f
kupik [55]

Qualitative forecasting is based on the information that cannot be measured while quantitative forecasting relies on historical data.

<h3>What is forecasting?</h3>

It should be noted that forecasting uses historical data to predict future trends.

In this case, qualitative forecasting is based on the information that cannot be measured while quantitative forecasting relies on historical data.

Learn more about forecasting on:

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6 0
2 years ago
Jerrod is relatively new to Xenon Corporation and wants to make sure that he makes a good impression on his coworkers and superv
larisa86 [58]
I think the correct answer for this would be enchancement
6 0
3 years ago
Annette Anderson has a choice of receiving either $5,000 in two years or a discounted sum today. If her opportunity cost is 8% w
kolezko [41]

Answer:

the present value is $4,286.69

Explanation:

The computation of the sum received today is shown below:

As we know that

Present value = Future value ÷ (1+rate of interest)^number of years

 = $5,000 ÷ (1 + 0.08)^2

= $5,000 ÷ 1.1664

= $4,286.69

hence, the present value is $4,286.69

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

8 0
3 years ago
Bad debts expense is estimated by the percent-of-sales method. The management estimates that 3% of net credit sales will be unco
Hoochie [10]

Explanation:

Total Sales = 75,000

Bad debt = 75,000*3%  =  2250

Entry:                                                                  Debit            Credit

Bad debt expense                                              2250

Allowance for Doubtful debt                                                  2250

8 0
4 years ago
The Bears Corporation has provided you the following information:Increase in accounts receivable balance 50,000 Net sales 500,00
Sliva [168]

Answer:

A. cash collected is 442,500

B. Cash paid to suppliers is 62,000

Explanation:

A. To determine the cash collected for the period, the account that we should analyze is the accounts receivable.

Net sales 500,000

Less: Increase in accounts receivable 50,000

Less: write off 7,500

total collection 442,500

*increase in accounts receivable means lesser amount of collection than the sale on account

*write off will decrease the accounts receivable which means, it affects the cash collection computation.

B.To determine the cash paid to suppliers, let’s analyze the accounts payable account.

Increase in inventory 45,000

add: decrease in accounts payable 17,000

total cash paid to suppliers is 62,000

*increase in inventory implies an additional purchase made by the company

*decrease in accounts payable resulted from cash payment made to suppliers.

5 0
4 years ago
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