Answer:
I think the answer is B
Explanation:
if theres a drop in supply there will be a price change aswell, most of the time increases the price of products.
Answer:
The <u>CYCLICAL</u> unemployment rate while Economy X is <u>GROWING IS</u> 0%. The 5% unemployment rate is due to structural and <u>FRICTIONAL</u> factors.
Explanation:
there are basically three types of unemployment:
- Frictional unemployment: voluntary and takes place when someone quits his/her job because they want to find a better job.
- Structural unemployment: is not voluntary and happens when the workers do not possess the required skills to fill vacant jobs.
- Cyclical unemployment: is not voluntary and happens when the economy is contracting and the businesses are forced to lay off workers.
Answer:
Entry is given below
Explanation:
Entry for factory labor cost
DATE ACCOUNT DEBIT CREDIT
DEC 31 Work in Progress(w) $97,780
Factory overhead $6,340
Wages payable $104,120
Working
Work in progress = 3,860+4,300+24,500+18,600+7120+7400+32,000
Work in progress = 97,780
NOTE: Work in progress is sum of all direct labor cost
Factory Overhead = all indirect labor cost which is only $6,130
The best thing that Marla should do in this type of problem is letter d, investigate the market. It is because in doing business especially to the field that she is going to take on, it is best to assess and evaluate the decision and the outcome of it. It is best to make sure if she could benefit from it and could be a potential as she runs the business.
Answer:
The correct answer is option B.
Explanation:
The statement "There is no free lunch" means that no product is made for free. Production of any good or service requires resources. These resources are scarce and have alternative uses. So in order to produce any goods or services limited resources are used and its alternative uses are sacrificed.
