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marusya05 [52]
3 years ago
6

In a perfectly competitive market in the long run, after all adjustments have occurred, an increase in demand causes equilibrium

price to:
Business
1 answer:
Gemiola [76]3 years ago
4 0
Spike before falling to the equilibrium level
You might be interested in
EB4.
avanturin [10]

Answer:

Fixed and Variable cost:

Fixed cost are the costs which cannot be changed with change in the level of goods and services sold or produced.

Variable cost are the costs which changes with change in the level of output produced and sold.

Product and Period cost:

Product costs are the costs which are incurred for making the product such as direct material, factory overhead and direct labor, etc.

Period costs refers to the cost which are incurred for a certain period of time. It is normally associated with the time period than with any type of transactional event.

Therefore, the classification of items is as follows:

(a) Variable cost - Product cost

(b) Variable cost - Product cost

(c) Fixed cost - Period cost

(d) Fixed cost - Period cost

(e) Fixed cost - Period cost

(f) Fixed cost - Period cost

(g) Variable cost - Product cost

(h) Fixed cost - Period cost

(i)  Fixed cost - Period cost

6 0
3 years ago
Kyle, a single taxpayer, worked as a freelance software engineer for the first three months of 2021. During that time, he earned
laila [671]

The total amount of FICA Taxes (self-employment and employment related) that Kyle owes for 2021 is $17,181.

Data and Calculations:

Kyle = single taxpayer

Self-employment income for three months = $44,000

Employment income for nine months = $178,000

Total income for 2021 = $222,000

FICA taxes:

Social Security tax = $13,764 ($222,000 x 6.2%)

Medicare tax = $3,219 ($222,000 x 1.45%)

Additional Medicare tax  = $198 ($22,000 x 0.9%) ($222,000 - $200,000)

Total FICA taxes = $17,181 ($13,764 + $3,219 + $198)

Thus, Kyle's total FICA taxes for 2021 is $17,181.

Learn more about calculating FICA taxes at brainly.com/question/21750517

4 0
3 years ago
Dan is the President of a major corporation. He is hiring a new Vice President, and while he knows Lauren is the most qualified
aksik [14]

The fact that Dan picked George over Lauren even though Lauren was the most qualified shows homosocial reproduction.

<h3>What is homosocial reproduction?</h3>

This refers to when people employ or choose people for a position that they feel are more like them.

Dan selected George over Lauren because he felt that George was more like him and so could be trusted better.

Find out more on employment bias at brainly.com/question/17368438.

#SPJ1

5 0
2 years ago
How much does it cost to play 18 holes at augusta national.
Vladimir [108]

Answer:

$21 to $27

Explanation:

That how much it is

5 0
1 year ago
Mr. and Mrs. Napper are interested in funding their children's college education by taking out a home equity loan in the amount
FrozenT [24]

Explanation:

Given that

Amount of equity loan = $24,000

Appraisal value of home = $110,000

Using percentage = 70%

Owed amount = $60,000

By considering the above information,

As we know that for the borrowing purpose, only 70% is eligible i.e

= $110,000 × 70%

= $77,000

So, the highest credit limit would be

= $77,000 - $60,000

= $17,000

So, there is no enough residual value left for $24,000 equity loan

2. By seeing the credit rating, income of a person, the lender could is willing to offer them additional amount i.e $7,000 that is come from subtracting the $17,000 from the $24,000 equity loan amount

5 0
3 years ago
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