Answer:
The reasons are 1. Increase the wages, 2. More variety or substitute's along with increase more jobs skilled and unskilled
Explanation:
1. Increase the wages- As it will lead to better living standard
2. More variety or substitute's along with increase more jobs skilled and unskilled
Answer:
Probably country Y had a comparative advantage over country X in the production of widgets, therefore trade resulted between the countries and it increased the gains for both countries.
Country Y will probably continue to produce and export widgets and country X will be producing and possibly exporting some other good.
Answer:
$37,500
Explanation:
You receive 2% of the sales.
You have to earn $750 to break even, or cover the franchise cost.
So, if we let Sales be "x", we can say:
<u><em>2% of x would be 750</em></u>
What is 2% in decimal?? We divide by 100, so we have:
2% = 2/100 = 0.02
Now, we convert the word equation above to mathematical equation:
0.02 * x = 750
Now, we solve for x, the amount customers have to buy (or sales):
Hence,
Customers would have to buy $37,500 to cover the cost of this fee.
Answer:
tertiary circular reactions stage.
Explanation:
Tertiary circular reactions stage starts at the age of 12 months to 18 months. it is the fifth sub stage of children development stages
At this stage the children try to explore the object by involving them like pulling the string, throwing the toys regularly. During this stage, children try to different different action in order to get attention from surrounding
Answer:
The year end closing inventory is $1256
Explanation:
The LIFO or Last In First Out method of inventory valuation follows that the latest or last purchased inventory will be the one that is sold first. Thus, under this method, the inventory that is purchased at start will be the one that will be left at the end and will form up the ending inventory.
The ending inventory of 24 units means that these units will comprise of inventory from the beginning of the period.
Thus, out of these 24 units, 8 units will be from the beginning inventory and the remaining from the first purchase (24 - 8 = 16).
The cost of ending inventory will be,
8 units at $49 per unit = $392
16 units at $54 per unit = $864
The total amount of closing inventory is = 392 + 864 = $1256
