Answer:
B. Decrease
Explanation:
Base on the scenario been described in the question, when the P.HD in economics increase, it will in turn make the equilibrium wage to increase. The labor market, sometimes called as the job market, refers to the demand and supply for labor in which employers provide the demand and employees the supply
Answer:
Identification of Features Applying More to Job Order Operations, Process Operations, or Both:
Features
1. Cost object is a process. Process Operations
2. Measures unit costs only at period-end. Process Operations
3. Uses indirect costs. Both
4. Transfers costs between Work in
Process Inventory accounts. Process Operations
5. Uses only one Work in Process account. Job Operations
6. Uses materials, labor, and overhead costs. Both
Explanation:
The main difference between the two operations is the manner costs are accumulated. Job operations accumulate costs for different jobs that are not similar. Process operations accumulate costs to show the process a product passes through. The product of a process operation is not unique like the product of a job operation.
If the typical balance on Lucy's credit card is $750 and the interest rate (APR) on her credit card is 16%, how much in interest would you expect Lucy to be charged in a typical month
(16%/12)750=10.00
Answer:
The correct answer to this question is A) with the addition of 11th worker , the marginal profit ( for 11th worker ) of Rosie's flower shop would be $500.
Explanation:
Marginal profit can be defined as the additional amount of profit that a company earns because of an additional unit that had been produced.
Here we can calculate what marginal profit would be for the 11th worker as-
Workers Selling price Cost price Profit
10 $7500 (500 x $15) $4000 (10 x $400) $3500
11 $8400 (560 x $15) $4400 (11 x $400) $4000
So from the given above information we can say that if we take out the marginal profit for 11th worker it would be $500 ( $4000 - $3500 ).
Answer:
$20 million
Explanation:
The gross domestic product is the total production of final and legal goods and services produced within country during a specific period (usually a year).
All the automobiles produced by Quality Motors were manufactured in the US during 2007, so they should all be accounted for in the GDP of 2007.
GDP = consumption + investment + government + exports - imports
$12 million fall under consumption, $6 million under exports and $2 million under investments
