Answer:
Allura’s Little Robotics Company sells Good S in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $62 per unit.
Answer:
a.increase in assets (Cash) and increase in owner's equity (Michael Anderson, Capital)
Explanation:
we solve this using the accounting equation
Assets = Liabilities + Equity
The cash would represent currency own by the company. That is the definition of assets. Something own by the company that either is cash or can be converted into cash in the future or help to provide an inflow of cash.
Now, as Asset increase by 15,000 the other side must also increase.
The company has no liability against the owner Thus this will be an equity account Which precisely, it represent the capital of the owners.
1.) Many American workers lost their jobs
2.) Uneducated laborers are now becoming unemployed
3.) An education is more necessary to get a job/be employed
<span>The herfindahl-hirschman index is the measure of the percentage market share of each firm summed over the largest 50 firms in a market.
HHI is the measure of market concentration. It is the commonly accepted measure. if H</span>erfindahl-Hirschman index is low and its four firm concentration ratio is low then the market is considered competitive.