Answer: The correct answer is "a. lower wage rate and hire fewer workers than will a purely competitive employer.".
Explanation: Monopsony is generated when there are many people looking for work and there are only a few employers, who can afford to offer a lower salary than they would have to offer if there was more competition for workers.
Answer:
net income = $31,500
Explanation:
given data
collect tailoring fees = $43,300
paid expenses = $12,300
Depreciation expense= $2,500
Accounts receivable = $1,050
supplies increased = $4,300
liabilities increased = $2,350
to find out
accrual basis net income
solution
we get here net income by given expression that is
net income = tailoring fees - expenses paid + account receivable + supplies increased - liabilities increased - Depreciation expense .......1
put here value
net income = $43,300 - $12,300 + $1,050 + $4,300 - $2,350 - $2,500
net income = $31,500
Answer:
job enlargement
Explanation:
Job enlargement refers to the increase in duties and responsibilities related to the job. It combined all other activities with the same level in the organization
Since in the question it is mentioned that Simone boss is impressed by her dedication and her hard work so he assigner her more task for freelancer writers
Therefore this situation represents the job enlargement
Answer:
The company report on its balance sheet at December 31, 2010, as accounts receivable before the allowance for doubtful account is $590,000
Explanation:
The computation of the accounts receivable before the allowance is shown below:
= Beginning account receivable balance + bad debt expense - uncollectible accounts receivable
= $540,000 + $90,000 - $40,000
= $590,000
The bad debt is an expense so it will be added whereas the account receivable which is not yet collected should be deducted in the computation part.
