The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be an increase in output, but not in the price, of the product. This is further explained below.
<h3>What is a
product?</h3>
Generally,
In conclusion, The market is in a state of long-term balance. There is currently a drop in typical salaries and the economy is entering a recession. As a consequence, production will rise without corresponding increases in cost.
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Answer:
It is recognition, measurement, and disclosure concepts (D)
Explanation:
Elements of financial statements : this falls under the second level of the conceptual framework.
Objective of financial reporting : this falls under the first level of the conceptual framework.
Qualitative characteristics of accounting information : this falls under second level of the conceptual framework
Recognition, measurement, and disclosure concepts: this falls under the third level of conceptual framework.
The financing that is most likely being used for this construction are <u>taxation </u>or <u>government securities issuance</u>.
<h3>Sources of government financing </h3>
- Government can raise funds from taxing the people they govern.
- They can also raise funds by issuing securities such as notes to the public.
The agency behind the construction of the venue is a governmental agency which means that it is most likely raising funds from one of the two methods described.
Find out more on government finance at brainly.com/question/342292.
Answer: d. All of the above.
Explanation:
The marginal revenue for hiring the workers will be:
= 100 × $20
= $2000
Marginal cost of hiring Tom is $1500. Likewise, the firm should hire Tom since marginal revenue of $2000 is greater than the marginal cost of $1500.
Therefore, the correct option is All of the above.
Answer:
4.96%
Explanation:
In order to determine the component after-tax cost of debt first we need to compute the before tax cost of debt by applying the RATE formula which is to be shown in the attachment below:
Given that,
Present value = $1,155
Future value or Face value = $1,000
PMT = 1,000 × 8.25% ÷ 2 = $41.25
NPER = 40 years × 2 = 80 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after applying the above formula
1. The pretax cost of debt is 3.54% × 2 = 7.08%
2. And, the after tax cost of debt would be
= Pretax cost of debt × ( 1 - tax rate)
= 7.08% × ( 1 - 0.30)
= 4.96%