Answer:
The answer is "increase; LRAS curve to the right".
Explanation:
The curve LRAS represents the flow between all the level of wages and economic GDP supplied because all prices are fully flexible, also with nominal salaries; its cost may change all along LRAS, however, the output cannot, as it represents the complete output of workers, that's why the several economists say that lower marginal rate consistently increases the motivation to work, shifting the LRAS curve to the left.
In this case, they would understand the revenue, report the money owed receivable fee, and record the expenses for the sale all at the same time.
Revenue is the total quantity of earnings generated with the aid of the sale of goods or services associated with the business enterprise's number one operations. sales, also referred to as gross sales, is frequently referred to as the "top line" as it sits on the top of the profits announcement. earnings, or internet income, is a business enterprise's total income or income.
Revenue = fee of goods or offerings × variety of units offered or quantity of customers. for instance, if a corporation sells 10 computer systems at ₹50,000 each, it can use this system to calculate its gross revenue: Gross sales = ₹50,000 × 10 = ₹500,000.
Revenue refers to the overall income a company generates via its center operations like sales of services or products, rents on a property, routine payments, interest on borrowings, and so on. sales calculations come earlier than doing away with any fees, together with discounts and returns.
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Set an equation:
x=the cost before
22000000= 1.117x
divide both sides by 1.117
x=19659613.2
Answer: It costed the publishers $196,59513.2 last year.
Answer:
The opportunity cost is $200.
The accountant would measure the cost at $100.
The accounting profit will be $100.
There will be a negative economic profit of $100.
Explanation:
Farmer McDonald's earning from banjo lessons is $20 per hour.
If he spends 10 hours planting $100 worth of seeds.
The explicit cost here is $100.
The implicit or opportunity cost is
= 
= $200
The accounting cost includes only explicit costs, so the accountant would measure the cost at $100.
If the revenue from the crops is $200, then the accounting profit will be
= Total revenue - Explicit costs
= $200 - $100
= $100
Economic profit will involve both explicit as well as implicit cost .
Economic profit
= Total Revenue - (Explicit cost + Implicit cost)
= $200 - ($100 + $200)
= $200 - $300
= -$100
So the farmer will have a loss of $100.
Answer:
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