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2 years ago

g If the price level rises and the money wage rate stays the same, what effect will this have upon labor demanded and production

Business

1 answer:

kaheart [24]2 years ago

5 0

Answer:

The quantity of labour demanded increases ad production increases

Explanation:

When price level rises and the money wage rate stays the same, the real money wage rate falls. This makes it cheaper for firms to hire labour. As a result, their demand for labour increases and this leads to an increase in production.

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Another term for the cash-and-carry purchasing procedure is: Question 2 options: a) stockless purchasing b) forward buying c) fi

satela [25.4K]

Answer:

Will call purchasing

Explanation:

Cash and carry also known as "will call purchasing" or "carry trade" is a sales strategy or method of purchase in which a customer must pay for an item immediately and must take the item with them. It eradicates all forms of credit sales.

Cash and Carry involves paying for an item and taking it along with you. There is no space for future delivery and it doesn't include delivery cost in the price of an item.

Pickup can't be delayed to a later date.

5 0

3 years ago

The Converting Department of Worley Company had 2,400 units in work in process at the beginning of the period, which were 35% co

PolarNik [594]

Answer:

Worley Company

Units Completion % Equivalent Units

D. Mat CC

Beginning work in process 2,400 35% 2400 840

Transferred 10,800 10,800 10,800

Ending work in process <u>1,900 60% 1900 1140</u>

<u> Total 15100 15,100 12780</u>

Worley Company

Number of Equivalent Units of Production

Whole Units 15100

Direct Materials Equivalent Units 15,100

Conversion Equivalent Units 12780

Inventory in process, beginning= Direct Materials + Conversion Costs

= 2400 + 840 = 3240

Transferred to Packing Department= Direct Materials + Conversion Costs

= 10,400 + 10400

Inventory in process, ending = Direct Materials + Conversion Costs

= 1900 +1410= 3310

Total= Direct Materials + Conversion Costs= 15,100 + 12780= 27880

3 0

3 years ago

Montclair Corporation had current and accumulated E&P of $500,000 at December 31, 20X3. On December 31, the company made a d

siniylev [52]

Answer:

The tax consequences of the distribution to Montclair in 20X3 would be a $150,000 gain recognized and a reduction in E&P of $175,000.

Explanation:

The distribution company distinguishes profit on the distribution, which is included in E&P netting of tax and decreases E&P by rhe lands fair market value fewer the liability believed by the shareholders.

Therefore, The tax consequences of the distribution to Montclair in 20X3 would be a $150,000 gain recognized and a reduction in E&P of $175,000.

3 0

3 years ago

A(n) ______ allows the free movement of factors of productions among member countries, eliminates trade barriers among member co

Alecsey [184]

Answer:

common market

Explanation:

5 0

2 years ago

Journal entries relating to capital

Doss [256]

The answer to this problem would be c :))

3 0

2 years ago