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torisob [31]
2 years ago
6

Certain skilled labor, such as hair cutting, requires licensing or certification. This is costly and takes a long time to acquir

e. If this licensing requirement were removed, the price elasticity of supply for haircuts would: multiple choice decrease, or become less elastic, because more people could enter the occupation. decrease, or become more elastic, because more people could enter the occupation. increase, or become more elastic, because more people could enter the occupation. increase, or become less elastic, because fewer people could enter the occupation.
Business
1 answer:
Arisa [49]2 years ago
3 0

Answer:

Certain skilled labor, such as hair cutting, requires licensing or certification. This is costly and takes a long time to acquire. If this licensing requirement were removed, the price elasticity of supply for haircuts would: increase, or become more elastic because more people could enter the occupation.

Explanation:

Can I get brainly

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Often, international researchers must collect their own primary data because ________.
pashok25 [27]

Answer:

A. reliable secondary data is both scarce and difficult to

Explanation:

Primary data are data collected or retrieved from the source. These data are obtained directly by researchers from the source where the data emanate from. Examples of primary data are survey, interview, group discussion.

Secondary data are data collected by other people other than the source or user. Examples are reports, news paper articles, journals etc.

Most international researchers collects their own primary data because of the difficulty and scarcity of collecting reliable secondary data. Both types of data are important though but the difficulties in obtaining those reliable secondary data prompts the collection of primary data.

These researchers goes to the root or source of the data to be collected because their findings will eventually be relied upon by users like individuals, government, corporate organizations, schools etc. Relying on secondary data might be hard because they might have be tampered with or altered which may not reflect the true nature of the data.

4 0
3 years ago
On October 29, 2016, Lobo Co. began operations by purchasing razors for resale. Lobo uses the perpetual inventory method. The ra
olga_2 [115]

Answer and Explanation:

1.1 The Journal Entry is shown below:-

a. Cash Dr, $5,400

     To Sales $5,400

(Being Sales Held is recorded)

b. Warranty Expense Dr, $330  

Estimated Warranty Liability $330

(Being warranty expense recognized is recorded)  

($5,500 × 6%)

c. Estimated Warranty Liability Dr, $435

       To Inventory $435

(Being warranty Executed is recorded)  

(29 razors × $15)

d. Cash Dr, $16,200  

       To Sales $16,200

(Being Sales Held is recorded)

e. Estimated Warranty Liability Dr, $360

        To Inventory $360

(Being Warranty Executed is recorded)

(24 × $15)

f. Warranty Expense Dr, $972

           To Estimated Warranty Liability $972

(Being warranty expense recognized is recorded)

($16,200 × 6%)

2. The computation of warranty expense is reported for November 2016 and December 2016 is shown below:-

Warranty Expense for Nov 2016 = $5,500 × 6%

= $330

Warranty Expense for Dec 2016 = $16,200 × 6%

= $972

3. The computation of warranty expense is reported for January 2017 is given below:-

Warranty Expense for Jan 2017 =$10,800 × 6%

= $648

4. The computation of balance of the Estimated Warranty Liability account as of December 31, 2016 is given below:-

Balance of Estimated Warranty Liability on 31 Dec 2016 = Estimated Warranty Liability For Nov 2016 + Estimated Warranty Liability For Dec 2016 - Warranty Claim in Dec 2016

= $330 + $972 - $648

= $654

5. The computation of balance of the Estimated Warranty Liability account as of December 31, 2017 is given below:-

Balance of Estimated Warranty Liability on 31st Jan 2017 = Balance of Estimated Warranty Liability on 31 Dec 2016 + Estimated Warranty Liability for Jan 2017 - Warranty Claim in Jan 2017

= $654 + $648 - (29 × $15)

= $654 + $648 - $435

= $867

6 0
3 years ago
Why are we forced to make choices in day-to-day life? we are forced to make choices in day-to-day life because of resources.
rewona [7]
We are forced to make choices in our day to day life because our resources are limited.

An example of this limited resources is our financial resources, we need to work to earn money to buy our necessities to live a comfortable life. Simply put, no work no pay. No pay, no food. No food, no life. So, no choice but work.
6 0
3 years ago
Read 2 more answers
Can i call the post office to check on a package
Greeley [361]
Yes, you can call the post office to check on a package
7 0
3 years ago
A(n) is a document used to present one's background,skill sets,and accomplishments
miss Akunina [59]

Answer:

Explanation:

A resume is a document used to present one's background,skill sets,and accomplishments used in job searches.

3 0
3 years ago
Read 2 more answers
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