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3 years ago

Why did african americans prefer sharecropping to wage labor?

1 answer:

ozzi3 years ago

6 0

This was after the Civil war. African Americans preferred sharecropping to wage labor because they preferred the autonomy of farming their own plots. During this time, most blacks found employment in sharecropping. Hope this answers your question. Have a great day!

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Lancelot Manufacturing is a small textile manufacturer using machinehours as the single indirectcost rate to allocate manufactur

zhenek [66]

Answer:

$3,927

Explanation:

For the computation of bid price first we need to follow some steps which is shown below:-

Manufacturing overhead rate = Overhead cost ÷ Machine hours

= 45,000 ÷ 100,000

= $0.45

Total manufacturing cost charged to the school

= 2,000 + 400 + (900 × 0.45)

= $2,805

Markup cost = $2,805 × 0.4

= $1,122

Bid price of job = Total manufacturing cost charged to school + Markup cost

= $2,805 + $1,122

= $3,927

7 0

3 years ago

A monopolist will find that its marginal revenue curve Grupo de opciones de respuesta Lies below its demand curve and has the sa

alexdok [17]

Answer:

Lies below its demand curve and is steeper than its demand curve.

Explanation:

The marginal revenue curve for a monopolist lies below the demand curve because of the quantity effect. The quantity effect refers to the fact that even a monopolist must lower its price if it wants to sell a larger quantity of goods or services.

The slope of the marginal revenue curve is steeper than the demand curve because it reflects the market power of the monopolist. Instead, the marginal revenue curve for a perfectly competitive firm (with 0 market power) is horizontal or perfectly elastic.

5 0

3 years ago

An example of a microeconomic phenomenon is: Select one: a. Global warming research turns out to correctly predict the weather i

IgorC [24]

Answer:

The correct answer is letter "E": None of the above.

Explanation:

Microeconomics deals with the economic choices of individuals and small companies. Jointly, these individual decisions influence the demand for and supply of goods and services in the economy. One of the subjects most discussed in microeconomics is the supply, demand and equilibrium model.

A) Global warming research turns out to correctly predict the weather in the future. (No major impact in economy)

B) The dictator of a country builds ten new airports. (Macroeconomic)

C) A child buys a delicious chocolate bar. (No major impact in economy)

D) The country of Montenegro adopts the Euro. (Macroeconomic)

None of the statements above represents a microeconomic phenomenon.

4 0

3 years ago

Texas Oil Company (TOC) paid $3,000,000 for an oil reserve estimated to hold 50,000 barrels of oil. Oil production is expected t

IrinaK [193]

Answer: Please see answer below

Explanation:

Oil Reserve $3,000,000 for year 1, 2, 3

Accumulated Depletion

Year 1 = $3,000,000/50,000 X 10,000= $600,000

Year 2 = 3,000,000/50,000 X 30,000+600,000=$2,400,000

Year 3 =3,000,000/50,000 X 10,000+ 2,400,000= $3,000,000

Oil Reserve

Year 1 =$3000000- $600,000=$2,400,000

Year 2, $3,000,000- $2,400,000=$600,000

Year 3= $3,000,000 -$3, 000,000=$0

Net Oil Inventory

Year 1= $600,000

Year 2 $2,400,000

Year 3= $3,000,000

Year 1 Year 2 Year 3

Oil Reserve $3,000,000 $3,000,000 $3,000,000

Accumulated Depletion $600,000 $2,400,000 $3,000,000

Oil Reserve, $2,400,000 $600,000 $0

Net Oil Inventory $600,000 $2,400,000 $3,000,000

4 0

3 years ago

Labor unions are organizations of employees formed to protect and advance their members' interests by bargaining with management

gavmur [86]

Answer:

I think that the correct answer is True

8 0

3 years ago