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Snezhnost [94]
3 years ago
9

The marginal seller is the seller who

Business
1 answer:
trapecia [35]3 years ago
3 0

Answer:

b. would leave the market first if the price were any lower.

Explanation:

In the market, the producer always sells more than the economic cost ( raw materials and labor cost) that he bears during production. The marginal seller means that the seller earns zero economic profit ( producer surplus) i.e. an economic cost equals the selling price. So if the price falls then the marginal seller would leave the market first because he will be indifferent when earns the zero economic profit but when the price falls he would leave the market.

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List three ways Populist party proposed to expand the powers of the government in the united states​
agasfer [191]

They abolished the national banks they graduated the income tax system they enabled the election of the senators by the direct vote of the people the working day for eight hours and the postal banks were some of the main ideas proposed to expand the rule

Explanation:

This party was mainly developed in the idea of promoting the agricultural based products and they worked in improving the conditions of the people and the country

They had many goals and the most important among them was the coinage of silver the abolition of national banks and some schemes and they had many other policies which worked in the improvements in the lives of the people

5 0
3 years ago
Fragmental Co. leased a portion of its store to another company for eight months beginning on October 1, at a monthly rate of $9
kenny6666 [7]

Answer:

Debit to Unearned Rent

Credit to Rent Earned for $2,925

Explanation:

Given:

Amount of total rent = $7,800

Computation:

Amount unearned = Amount of total rent (3months / 8 months)

Amount unearned = 7,800 [3/8]

Amount unearned = $2,925

Journal entry:

Unearned rent A/c Dr $2,925

Rent A/c Cr                   $2,925

[Debit to Unearned Rent

Credit to Rent Earned for $2,925]

4 0
4 years ago
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Kamila [148]

Answer:

Explanation:

1. No effect. The GDP is the total value of goods and services produced in a country in a specific period of time. If we are talking about US GDP, the purchase of a Belgium chocolate would not affect it.

2. Effect on investment. In spite Honda is a Japanese enterprise, it is producing in the United States. The GDP, is the value of all goods and services produced in country.

3. Effect on investment. Purchase of new housing affects the count of investment (not consume).

4. Affects consume. Because the air-conditioner was produced in the US.

5. Affects consume. They paid an accountant for a service produced in the U.S

6. Effect in government expenses. The salary for these workers is paid by the government, specifically the subdivision of New York.

7. Effect in government expenses. These economic benefits are paid by the government and no other private entities.

4 0
3 years ago
This the part of the market you can capture in the future
vovangra [49]
the answer would be letter b
8 0
3 years ago
Read 2 more answers
The Flapjack Corporation had 8,200 actual direct labor hours at an actual rate of $12.40 per hour. Original
mariarad [96]

Answer:

Option (C) is correct.

Explanation:

Given that,

Actual direct labor hours = 8,200

Actual rate = $12.40 per hour

Original  production = 1,100 units

Actual units produced = 1,000

Labor  standards = 7.6 hours per completed unit

standard rate = $13.00 per hour

Labor time variance:

= (Standard hours - Actual hours) × Standard rate

= (1,000 × 7.6 - 8,200) × $13

= 7,800 Unfavorable

3 0
3 years ago
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