Answer:
According to the law of supply, an increase in the supply of workers for a job if all other factors remain equal means the company wants to be efficient and it is also proof that the company is making more profit which signals the demand for the commodities they produced as increased drastically.
Explanation:
The law of supply work in the dimension of price, the number of goods available in the market, and it is hugely affected by demand. Now, when the price of goods decreases, it makes production by producers decrease as well and staffs are also laid off to avoid profit loss by the producers. This changes when the price of commodity increases as it makes producers of the commodity have the capacity to employ more staff to maximize time and this also causes the producers to increase sales. However, the higher demand for a commodity would also increase the supply of that commodity.
Answer:
Fractional Reserves
Explanation:
Banks are required to hold money to lend out. If you deposit $100 into your account that is $100 for the bank to lend that money out to ones who need it.
Purrrr you look cute gurllll as you should
Answer:
Explanation:
1. To find the cost per unit of production, first we find the total cost. So we multiply the unit of each factor used times its cost.
capital: 2*$10=$20
raw materials: 5*$4=$20
labour: 8*$3=$24
Total cost: $20+$20+$24=$64
Then we divide the total cost over the total units produced:
Cost per unit: $64/640=$0,1 Answer is B
2. If the cost per unit of raw materials increases from $4 to 8$. Then the total cost of production will be:
capital: 2*$10=$20
raw materials: 5*$8=$40
labour: 8*$3=$24
Total cost: $20+$40+$24=$84
To find how much the cost per unit will rise, to find how much it rises
64$→100%
$84←x
x=($84*100%)/$64=131.2%
131.2%-100=31.2%. The answer is B
3. Because there is a change in raw materials, then there would be changes in the supply demand. In this case, the total cost and the cost per unit increased, then it is a negative shock to the supply demand. This is represented as a shift to the left. The answer is D
Answer:
$100,000
Explanation:
If the individual transfers personal property to a tax-exempt entity and the corporation uses the asset in a similar way to its tax-exempt intent, the individual is entitled to subtract the property's fair value.
in this scenario, Maple Corp. has the right to deduct $100,000 (market value of painting) from his taxable income.
