Examples of skilled laborers for these jobs include carpenters, construction workers, plaster workers, house painters, plumbers and electricians. Those who work in trade jobs may even work for themselves. Some specialized trade jobs, such as welder, require certification and can pay very well.
When <u>cost of production increase </u> business firms will supply lower quantity of output
<h3>Effect of production cost on prices </h3>
When the cost of production increases, producers will tend to produce a lesser quantity of goods and services and this is cause an increase in demand over supply in the open market.,
An increase in demand without a corresponding increase in supply will cause the supply curve to shift to the left.
Hence we can conclude that When <u>cost of production increase </u> business firms will supply lower quantity of output
Learn more about shift in supply curve : brainly.com/question/23364227
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Answer:
Review all the Markups and make the requiered changes
Explanation:
Track changes permits to edit a text before the final version its complete, then reviewing all the Markups made in the editing process is critical to define the final version of the text that then will be share.
Answer:$722,000
Explanation:
The over applied overhead of $8000 is deducted from cost of goods sold of $730,000.
The simple exponential smoothing is a method suitable
for predicting data with no style or seasonal pattern. While
in Moving Averages the past observations are weighted similarly, Exponential
Smoothing allocates exponentially lessening weights as the
observation get older.
<span>Forecast for upcoming week = 25.10 + 0.3 (31 – 25.10) =
26.87</span>
