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lesya [120]
3 years ago
5

In the labor market, the supply curve represents A) the workers and the demand curve represents the product of the labor. B) the

supply of workers, and the demand curve is the demand for their labor. C) the firms in the labor market and the demand curve is the labor seeking work. D) the supply of product produced by labor and the demand curve the consumer demand.
Business
1 answer:
fgiga [73]3 years ago
7 0

Answer:

The answer is: B) the supply of workers, and the demand curve is the demand for their labor.

Explanation:

In the labor market;

The supply curve represents the amount of labor that the workers are willing to offer at different price levels (wages).

The demand curve represents the number of workers that businesses are willing and able to hire at different wages.

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In United States v. Butler, the Supreme Court overturned the Agricultural Adjustment Administration (AAA) because
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The correct answer is the tax on food processors was unconstitutional.

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3 0
3 years ago
he following information was drawn from the accounting records of Chapin Company. On January 1, Year 1, Chapin paid $56,000 cash
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Answer:

a. Record the year-end adjusting entry for depreciation expense on the truck in T-accounts.

December 31, 202x, accrued depreciation expense on truck

Dr Depreciation expense 10,000

    Cr Accumulated depreciation - truck 10,000

b. Determine the book value of the truck that will appear on the December 31, Year 1, balance sheet.

Truck $46,000

c. Record the year-end adjusting entry of uncollectible accounts expense.

December 31, 202x, allowance for doubtful accounts

Dr Bad debt expense 16,000

    Cr Allowance for doubtful accounts 16,000

d. Determine the net realizable value of receivables that will appear on the December 31, Year 1, balance sheet.

Accounts receivable $52,000

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truck's depreciation expense straight depreciation = ($56,000 - $6,000) / 5 years = $10,000 per year

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