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Svetach [21]
3 years ago
12

Seamstresses at Rear Gear, a large maker of backpacks, have become more productive due to the firm’s recent purchase of new sewi

ng machines. Because Rear Gear is a profit-maximizing firm, it will:
Business
1 answer:
maksim [4K]3 years ago
4 0

Answer:

Hire more labor and increase the output.

Explanation:

Because Rear Gear is a profit-maximizing firm, it will  hire more labor and increase the output.

This is because, when the firm has purchased a new sewing machine, they need to produce more in order to capture the fixed cost of production (i.e. cost of sewing machine). In order to do so, they need to hire more workers or labour to increase the total output.

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Why might the government or society want the rent policy in place rather than letting the market decide on the price of the good
alekssr [168]

Rent control does decrease housing costs for some low income households, the savings from dwelling in these devices tends to accrue disproportionately to families who show up to be in the right vicinity at the proper time; and a couple of households in better income brackets with greater ability to secure.

According to the basic idea of supply and demand, rent control causes housing shortages that lessen the wide variety of low-profit folks who can stay in a town. Even worse, lease manipulation will have a tendency to raise demand for housing — and therefore, rents — in other areas.

Policymakers often react to the results of hire manipulation by means of implementing additional rules. As an example, there are laws that make racial discrimination in housing unlawful and require landlords to provide minimally ok residing situations. Those laws, but, are difficult and luxurious to implement.

Learn more about Rent control here: brainly.com/question/2423256

#SPJ4

5 0
1 year ago
Income Statement Wayne Corporation had the following revenue and expense account balances (in millions) for a recent year ending
stiv31 [10]

Answer:

                                       Income Statement

Revenue                                                                 $24,698

Expenses

Salaries and employee benefits      $8,815

Purchased Transportation                $1,203

Fuel Expense                                     $3,228

Rental and landing fees                     $1,748

Depreciation Expense                       $925

Maintenance and repairs expense   $1,573

Provision for income taxes                $805

Other expense (revenue) net            <u>$4,995</u>

Total Expenses                                                        <u>$23,292</u>

Net Income                                                               <u>$1,406</u>

5 0
2 years ago
Times-Roman Publishing Company reports the following amounts in its first three years of operation:
kolbaska11 [484]

Answer:

Unearned subscription

2016 deferred tax asset

2017 deferred tax liability

2018 deferred tax asset

Explanation:

The balance sheet account is unearned  subscription which is a liability account,

It is a liability because the company already collected cass but is yet to provide the necessary services paid for the by the customers.

Earned subscription account is sales revenue account which is a profit and loss item.

                     ($'000)                    2016           2017               2018

taxable income                            $290           $220              $260

Pretax accounting income         ($250)         ($240)              ($230)

Deferred tax asset/(liability)        $40            ($20)               $30

When taxable income is more than pretax accounting income, the resulting effect is a deferred tax asset which shows that tax was charged on a higher taxable income which provides tax relief in future.

When pretax accounting income is higher,it implies that tax was calculated on a lower taxable income and that more tax would be incurred in the future when the temporary difference reverses.

                   

3 0
3 years ago
Which of the four main methods of international entry did Assan Motors employ to expand into the U.S.
kirill115 [55]

Answer: Foreign direct investment

Explanation:

The method of international entry that Assan Motors employed to expand into the United States is the foreign direct investment.

Foreign direct investment is regarded as the investment by a company in another country apart from the country where the entity is based. FDI is an aggressive way regarding international expansion, and has a high level of control.

5 0
2 years ago
Normally, a person with a high level of education makes more money than a person without an education.
WITCHER [35]

Answer: true

Explanation:

8 0
2 years ago
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