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joja [24]
4 years ago
11

If labor demand is downward sloping and labor supply is upward sloping, then when labor demand rises faster than labor supply, i

t is expected that real wages _______________.
Business
1 answer:
Lelechka [254]4 years ago
7 0

Answer:

Rises

Explanation:

If labor demand is downward sloping and labor supply is upward sloping , then when labor demand rises faster than labor supply , it is expected that real wages rises.

Labor demand is downward sloping means the demand for labor in the market is less as compared to the supply of labor which is high as compared to its supply so when the demand starts rises faster as compared to the supply then the available labor been less in quantity gets a chance to demand for high wages because of monopoly competition .

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Using the indirect method (statement of cash flows), a gain from the sale of equipment would: A) be subtracted from net income B
eimsori [14]

Answer:

The correct answer is A) be subtracted from net income

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income.

A gain from the sale of equipment is subtracted from net income

7 0
3 years ago
Select all that apply. Which of the following items demonstrate poor choices made by private property owners?
pashok25 [27]
The first one the third one and possibly the last one. I'm unsure about the last one because depending on the amount of scorpions that are hunted, the food web in that area could be negatively impacted.
4 0
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Felicia invested $25,000 into an account earning 3% annual interest compounded quarterly. she makes no other deposits into the a
katovenus [111]
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6 0
4 years ago
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Which of the following statements is false? Multiple Choice The journal entry to record bad debt expense decreases current asset
sammy [17]

Answer:

The journal entry to write off an uncollectible account receivable decreases operating income.

Explanation:

Accounts receivable is the amount that debtors owe a business and is collectible at a particular time in the future. If however the debtor is unable to make payment, the amount owed is written of.

The journal entry to record the write-off involves a debit to accounts recievable and reduces allowance for uncollectible account balances.

This does not affect the operating income of the business.

7 0
3 years ago
The marginal cost for a company to produce q items is given by MC (q )equals 0.002 q squared minus 0.8 q plus 635. The​ company'
TEA [102]

Answer:

Cost to increase production is $733.6

Explanation:

We have given marginal cost MC=0.002q^2-0.8q+635

Fixed cost = $8400

So total cost TC=0.002q^2-0.8q+635+8400

Cost of 310 items

TC=0.002\times 310^2-0.8\times 310+635+8400=8979.2

Cost of 530 items

TC=0.002\times 530^2-0.8\times 530+635+8400=9712.8

So the cost increases production is  $9712.8 - $8979.2 = $733.6

6 0
4 years ago
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