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3 years ago

12

Consider a labor market in equilibrium. If the demand curve shifts to the right while the supply curve stays constant, then the

wage rate in the market will ________. Group of answer choices increase decrease remain unchanged either increase or decrease or remain unchanged

1 answer:

dybincka [34]3 years ago

4 0

Answer:

prices will increase or remain

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There are two main ways to measure social inequality, they are: Inequality of conditions refers to the unequal distribution of i

butalik [34]

Answer:

True.

Explanation:

Social inequality can be defined as an existence of unequal rewards and opportunities for different social status or classes within a group of people in a society.

Generally, social inequality is peculiar to a society that is grouped based on race, hierarchy of class, religion, culture and gender. A social inequality is characterized by unequal distribution of wealth, punishment, rewards, opportunities and goods or services to the various classes.

There are two main ways to measure social inequality, they are:

1. Inequality of conditions: refers to the unequal distribution of income, wealth, and material goods.

2. Inequality of opportunities: refers to the unequal distribution of life chances across individuals.

4 0

3 years ago

Which action will help increase a low FICO score?

Andreas93 [3]

Reducing credit card balances is the <span>action will help increase a low FICO score.

</span>The FICO mortgage score is between 300<span> and </span>850<span>. Higher scores indicate lower credit risk. Each individual actually has 65 credit scores for the FICO scoring model because each of </span>three<span> national credit bureaus, Equifax, Experian and TransUnion, has its own database.</span>

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2 years ago

If a special sales order is accepted for 8,100 widgets at a price of $39 per unit, and fixed costs increase by $13,000, how

Lana71 [14]

Answer:

D) Increase by $68,000

Explanation:

The computation of change in the operating income is shown below:

Sales ( 8,100 widgets × $39) $315,900

Less: Variable cost (8,100 widgets × $29) ($234,900)

Contribution margin $81,000

Less: Increase in fixed assets -$13,000

Net income increased $68,000

We simply applying the above format so that the change in the operating income could be find out. Since the net income is in positive so it shows an increment

8 0

3 years ago

During April, the production department of a process manufacturing system completed a number of units of a product and transferr

malfutka [58]

Answer:

1) completed and transferred 293,000

<u><em>Equivalent units under W/A method:</em></u>

EU materials 338,500

EU conversion 306,000

Explanation:

Beginning WIP 33,000

started and completed <u>260,000</u>

completed and transferred 293,000

Ending WIP 65,000

EU under weighted-average methood:

complete and transferred plus percentage of completion ending WIP

293,000 + 65,000 x 70% = 338,500

293,000 + 65,000 x 20% = 306,000

3 0

3 years ago

The BVM Corp., construction company, purchased a used hybrid electric pickup truck for 30,000 and used MACRS depreciation in the

Alina [70]

Answer:

The BVM Corp.

The After-tax Rate of Return for the truck = After-Tax Income/Investment in Truck x 100

= $10,200/$30,000 x 100 = 34%

Explanation:

a) Calculations:

Current Value of the Truck =

Sale of Truck = $9,000

Savings from Truck = $38,000 ($9,500 x 4)

Total $47,000

Investment increase = $17,000 ($47,000 - 30,000)

Combined Tax = $6,800 (40% x $17,000)

After Tax Income = $10,200 ($17,000 - 6,800)

b) MACRS means the modified accelerated cost recovery system. It is an allowance by the IRS for faster depreciation in the first years of an asset's life and the depreciation slows later on in order to allow a business to recover the cost basis of certain assets that deteriorate over time.

c) Rate of return (ROR) is the percentage increase or decrease of an investment (truck) over a set period of time (4 years), which is calculated by taking the difference between the current (or expected) value ($47,000) and original value ($30,000), dividing by the original value, and then this is multiplied by 100.

3 0

3 years ago