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Mumz [18]
3 years ago
6

In the short run, the decrease in investment spending associated with business pessimism causes the price level to

Business
1 answer:
Andrei [34K]3 years ago
8 0

In the short run the decrease in the investment spending associated with business pessimism will cause the price level to fall below

Explanation:

Due to this the price level and that the people expect and the quantity of the output will sharply fall below the natural level of the output the business pessimism will cause the markets to be down and it will increase the problem of unemployment

There will a natural increase in the problem of unemployment in the short run hence the decrease in the investment spending associated with business pessimism will cause the price level to decrease

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A monopsonistic employer in an unorganized (nonunion) labor market will: Group of answer choices pay a wage rate in excess of la
pogonyaev

Answer:

pay a wage rate less than labor's MRP

Explanation:

A monopsonistic employer in an unorganized (nonunion) labor market will: "pay a wage rate less than labor's MRP"

The above statement is based on the idea that Monopsony is a market situation whereby a single buyer or firm is the only purchaser of a good or service, which in most cases has to do with the purchase of labor.

And given the fact that the firm is the sole purchaser of labor, where there is no labor union, there is a high tendency that such firm or employer pays a wage rate less than labor's marginal revenue productivity.

3 0
3 years ago
. Compute the unit (per visitor) costs for the two tour types (student and donor) assuming TCM uses the current cost system. (Do
Nastasia [14]

Answer:

Hello your question is incomplete attached below is the complete question

answer: A) $38.4

             B) For student tour = $46,800 / 1,500 = $31.2

                 For Donor's tour =  $39,600 / 750 = $52.8

Explanation:

A) compute the unit cost ( using current cost system )

cost per visitor = Total Operational cost / Total number of visitors

                        = $86400 / 2250 = $38.4

B) using The ABC system

 unit cost per visitor :

For student tour = $46,800 / 1,500 = $31.2

For Donor's tour =  $39,600 / 750 = $52.8

attached below is the ABC  system Table showing the calculations

8 0
3 years ago
Thomas Textiles Corporation began November with a budget for 60,000 hours of production in the Weaving Department. The departmen
netineya [11]

Answer:

a) $12,500 unfavorable

b) 0

Explanation:

variable factory overhead controllable variance = actual variable overhead expense - (standard variable overhead per unit x standard number of units)

actual variable overhead expense = $725,000

standard variable overhead per unit = $712,500 / 60,000 = $11.875

standard number of units = 60,000

variable factory overhead controllable variance = $725,000 - $712,500 = $12,500 unfavorable

Controllable factory overhead is not related to any changes in the actual volume or quantity produced.

Fixed factory overhead volume variance = actual fixed overhead - standard fixed overhead = $262,500 - $262,500 = 0

Fixed overhead was exactly the same as the standard or budgeted overhead.

6 0
3 years ago
Lorie Nursery plans to sell 320 potted plants during April and 240 units in May. Lorie Nursery keeps 15% of the next month's sal
Dmitry [639]

Answer:

Lorie Nursery should produce during April 308 units

Explanation:

According to the given data, In order to calculate how many units should Lorie Nursery produce during April we would have to use the followinf formula:

Required Production = Expected Sales + Desired Closing Invenory - Opening Inventory

Required Production = 320 + 240 * 15 % - 320 * 15 %

=320 + 36 - 48 = 308 units

Lorie Nursery should produce during April 308 units

8 0
4 years ago
Read 2 more answers
Earth's stratosphere is heated primarily by which process?
denis23 [38]
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4 0
3 years ago
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