Answer: Coefficient of elasticity of supply is 0.75.
Explanation:
Price elasticity of supply measures the responsiveness of quantity supplied to a change in the price of the good. It can be measured using the percentage point method,



Therefore, coefficient of elasticity of supply is 0.75. Since it is less than 1 we can infer that supply for this good is relatively inelastic.
Answer:
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Answer:
Explanation:
The journal entry that would include is shown below:
Work in Progress inventory A/c Dr $125,000
Factory overhead A/c Dr $24,000
(Being labor cost is recorded)
The computation is shown below:
Work in progress = Labor expenses + whole labor expenses
=$88,000 + $37,000
= $125,000
The labor expenses are directly related to the product which means it is a direct cost
And, the whole labor expense is considered to be the overhead cost as it is not directly related to the product
And, the $24,000 is also considered as an overhead cost because it is used in both the departments so it is come under the factory overhead account
Answer:
answer
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Answer:
Disparate impact.
Explanation:
Types of Discrimination :
-DisparateTreatment. Defendant discriminates overtly against all members of protected class.
-Disparate Impact. Defendant’s apparently non-discriminatory practices result in disproportionately heavy impact on protected class.
Disparate Impact characteristics:
-Indirect discrimination
-Unequal consequences or results
-Decision rules with racial / sexual consequences
-Unintentional discrimination
-Neutral, color-blind actions
-Same standards, but different consequences for different groups