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Ket [755]
2 years ago
9

Since nominal wages were constant as the price level changed, you explain that a decrease in the price level leads to an _______

___, which leads to firms ________
Business
1 answer:
Wittaler [7]2 years ago
6 0

Answer:

increase in real wages, hiring less workers

Explanation:

In the case when the nominal wages are remain same but at the same time the level of the price should changed so if there is an decrease in the level of the price so that means there is an increased in the real wages as it is an inverse relationship between the real wages and the price level due to this the firm could hired less workers as the wages are increased

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Examples of utilities that make it possible for people to create and share multimedia files include _____.
lozanna [386]

include: Audio Recorders, QuickTime, RealPlayer, video players.

Hope this helps!

4 0
2 years ago
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Oakley Company does not ring up sales taxes separately on the cash register. Total receipts for February amounted to $32,100. If
Murrr4er [49]

Answer: $2100

Explanation:

From the question, we are informed that Oakley Company does not ring up sales taxes separately on the cash register and that the total receipts for February amounted to $32,100 and the sales tax rate is 7%.

The amount that must be remitted to the state for February's sales taxes will be:

= $32,100/(1+7%) × 7%

= $32100/(1 + 0.07) × 0.07

= $32100/1.07 × 0.07

= $2100

7 0
2 years ago
When the indirect method is used, if accounts receivable increases during the accounting period, the change in accounts receivab
liberstina [14]
The answer is that "<span>the change in accounts receivable is subtracted from net income".
</span>

<span>When the indirect method is used, the starting point is the net income and it is transformed to cash flows from operational actions by adding back losses and subtracting gains so that these quantities are removed.</span>

4 0
3 years ago
explain the difference between a change in quantity demanded and a change in demand. Provide a real world example of a factor th
Zina [86]

Answer:

A change in quantity demanded is caused by a change in price only. That is, when price rises quantity demanded falls vise versa

A change in demand occurs when there is a shift in the demand caused by a change in other determinates of demand other than price such as change in income, change in taste and fashion, demographic changes etc.

Explanation:

Real word example of change in demand :

Changing Tastes or Preferences

From 1990 to 2020, the per-person consumption of chicken by Americans rose from 48 pounds per year to 85 pounds per year, and consumption of beef fell from 77 pounds per year to 54 pounds per year, according to the U.S. Department of Agriculture (USDA). Changes like these are largely due to movements in taste, which change the quantity of a good demanded at every price: that is, they shift the demand curve for that good, rightward for chicken and leftward for beef.

Simply put it this way> Change in quantity demanded : Price change, quantity demanded change

Change in Demand: Price doesn't change but quantity demanded changes as a result of change in other determinates of demand examples the change in preference

6 0
2 years ago
Heya, guys! I got banned yesterday, but now I'm back! It's good to be back, hahahaha!
erastovalidia [21]
The answer is 72 lol
6 0
3 years ago
Read 2 more answers
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