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Paha777 [63]
3 years ago
10

People who make goods and services are called _____ .

Business
2 answers:
const2013 [10]3 years ago
8 0
They are called producers
Flauer [41]3 years ago
7 0
They are called direct labor
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ABC Company leased equipment to Best Corporation under a lease agreement that qualifies as a finance lease. The cost of the asse
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$12120 is the annual amortization expense

<u>Explanation:</u>

The following formula is used to calculate the annual depreciation expense that will be recorded in the books of accounts

Depreciation = ( cost of the asset minus salvage value) divide by number of years.

Given data in the question: number of years = 10, cost of the asset = $124000, salvage value = $28000

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2 years ago
What would be the effect of a decrease in government taxes on a good's supply curve, ceteris paribus?
dimaraw [331]

What would be the effect of a decrease in government taxes on a good's supply curve, ceteris paribus   shift to the right

Supply curve shift:

Changes in production cost and related factors can cause an entire supply curve to shift right or left. This causes a higher or lower quantity to be supplied at a given price.

A supply curve shows how quantity supplied will change as the price rises and falls, assuming ceteris paribus—no other economically relevant factors are changing. If other factors relevant to supply do change, then the entire supply curve will shift. A shift in supply means a change in the quantity supplied at every price.

The ceteris paribus assumption :

A demand curve or a supply curve is a relationship between two, and only two, variables: quantity on the horizontal axis and price on the vertical axis. The assumption behind a demand curve or a supply curve is that no relevant economic factors, other than the product’s price, are changing.

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