3 years ago

1.Describe the role that workers play in the game of economics.

1 answer:

8 0

In the game of economics, workers play a double role, functioning as both consumers and producers. The workers role is unique in the game of economics since they are directly involved. They are the ones who will manufacture, market, sell the products in an economy.

You might be interested in

Each adjusted entry transaction needs to be posted to A. individual journal entries B. individual accrual accounts C. individual

ANTONII [103]

Answer: B. Individual ledger accounts

Explanation:

just took the test

5 0

2 years ago

You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three su

katrin [286]

Answer:

the price per unit is $1.20

Explanation:

The computation of the price per unit for Thailand Polishing is shown below:

= 2,400 ÷ 200 polished disks

= 12 bhat/unit

Given that

$1 = 10

So, 12 baht it is

= 1 ÷ 10 × 12 baht

= $1.2

Hence, the price per unit is $1.20

The same should be considered

4 0

3 years ago

Your store has average sales of $1,680 per day. Its shrinkage rate is 3%. What will its losses be for an entire year?

Lerok [7]

Answer:

$18,396

Explanation:

Average sales of the store per day = $1,680

Number of days in a year = 365

Total sales in a year = $1,680 x 365 = $6132,200

Shrinkage rate = 3%

Losses for an entire year = 0.03 x $6132,200 = $18,396

6 0

3 years ago

Transactions for Sheridan Company for the month of May are presented below. Prepare journal entries for each of these transactio

babymother [125]

Answer:

May 1

Cash $4,350 (debit)

Common Stock $4,350(credit)

May 3

Equipment $1,055 (debit)

Accounts Payable $1,055 (credit)

May 13

Rent Expense $394 (debit)

Cash $394 (credit)

May 21

Accounts Receivable : Noble Corp $530 (debit)

Service Revenue $530 (credit)

Explanation:

Note that, When stockholders invest cash in exchange of common stock, we recognize the increase in assets of cash and also the increase in equity item common stocks.

6 0

4 years ago

A typical American worker covered by unemployment insurance receives _____ percent of his former wages for up to ________ weeks.

erica [24]

Answer:

correct answer is 50% and 26 weeks

Explanation:

solution

American worker wage replacement rate for the minimum wage worker is 50 percent of former wage

and weekly benefit for the full time and full year worker earn minimum wage they not replace 50 percent of lost income

and worker run out of benefit prior to standard that is 26 weeks

so correct answer is 50% and 26 weeks

5 0

3 years ago