<u>Explanation:</u>
The four factors which affect the geographical mobility of labor are as follows:
Educational facilities: When enough facilities are not available for the labor to educate themselves in their location.
Social capital: it refers to the relationship between the people in and around the place with whom the labor network. Some society does not accept outsiders to work along with them.
Language : language is a barrier for the labor to adopt to. Living in an area with unknown language makes life complicated.
Information: Labor do not have any data about the local area where they move to which makes it difficult to live in new area.
Family: The family ties of the labor restricts the labor to move to new location.
Answer:
$43,000
Explanation:
Warranty expense for 2021 = $40.8 millions * 1%
Warranty expense for 2021 = $408,000
Balance in Liability on 31 Dec = Warranty Liability on 1 Jan + Warranty Expenses - Warranty Expense paid
Balance in Liability on 31 Dec = $88,000 + $408,000 - $453,000
Balance in Liability on 31 Dec = $43,000
So, the balance in the warranty liability account as of December 31, 2021 is $43,000.
Answer:
D. The amount of one product that must be given up to produce one more unit of another product.
Explanation:
Opportunity cost is defined as the potential benefits that you would recieve if you choose one option over another. This is an economic term that can easily be applied in our day to day lives: Ex. When you choose to study over work, the opportunity cost is represented by the money you could earn as payment for your work.
In business, companies must decide whether they produce a wide range of products or services or if they focus their resources in producing those products in which they are more efficient and would represent higher earnings.
Answer:
B. Cash 4,600 Sales Revenue 4,600 Cost of Goods Sold 1,000 Merchandise Inventory 1,000
Explanation:
The journal entry is as follows
Cash $4,600
To Sales Revenue $4,600
(Being the goods are sold for cash is recorded)
Cost of Goods Sold $1,000
To Merchandise Inventory $1,000
(Being the cost of the goods is recorded)
These two entries are recorded for recording the cash and the cost of the inventory
Answer:
The Manager Andy Davis worked hard to improve Eddie's behavior and skills by implanting commitment in improving Eddie through team-based efforts.
Explanation:
