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ladessa [460]
3 years ago
13

Perfectly competitive industry X has constant costs and its product is an inferior good. The industry is currently in long-run e

quilibrium The economy now goes into a recession and average incomes decline. The new long-run equilibrium will result in a(n) Multiple Choice
1. increase in output and in the equilibrium price of the product.
2. increase in output, but not in the equilibrium price of the product.
3. decrease in output, but not in the equilibrium price of the product.
4. decrease in output and in the equilibrium price of the product.
Business
1 answer:
klio [65]3 years ago
7 0
Chicken is the best food in the whole world Saharan in a long way is a life of y’all
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On January 2, Haskins Company purchases a laser cutting machine for use in fabrication of a part for one of its key products. Th
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Answer:

Explanation:

Cost of machine - $80000

Useful life - 5 years

Salvage value -$5000

Depreciable amount = 80000-5000= 75000

Annual depreciation = 75000/5 = 15000

Year                    DR                       Accum Dep

Cost                                                                                   8000                  

1                Depreciation 15000       15000  

2               Depreciation  15000      30000

Year 3      Depreciation  15000      45000

Year 4      Depreciation   15000      60000

Year 5      Depreciation   15000      75000

Financial statement template

Balanced sheet

Cash asset + Non cash asset = liabilities + Equity

Cash asset + 65000  = liabilities + equity

Income statement

Revenue - expenses = Net income

Revenue - 15000 - Net Income

3 0
3 years ago
A union can achieve higher wages without accepting lower levels of employment of members by promoting right-to-work laws. beginn
Misha Larkins [42]

Answer:

Promoting right to work laws.

Explanation:

This is situation where by laws are put in place to stop firm from hiring alternative supply of labour so as to increase monopolistic power on wage determinant and increase of employment opportunities through unionism.

8 0
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What item should you look for when adjusting your check register?
Varvara68 [4.7K]

Answer:

The payment and the Deposit

Explanation:

The check register is adjusted using the item: payment and the Deposit and from the point of view of the bank statement the item is the withdrawal and deposit.

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Explanation:

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LUCKY_DIMON [66]

Answer:

The answer is below

Explanation:

The impact of globalization on human resource planning is both positive and negative depending on the point of view it is being looked upon.

Some of which are:

1. Globalization has led to firms and organizations to recruit from far and wide, across nations if needed.

2. It has reduced the cost of traveling and goods and services deliveries

3. It has led to increasing firms reducing the cost of maintaining staff as individual contractors have increased due to the opportunity of remote jobs caused by globalization.

4. The human resources planning has been impacted by globalization such that, many staff has been retrenched.

5. Globalization has also caused brain drain to developing nations in terms of human resource planning.

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