Answer:
Decreases by 50 percent
Explanation:
The law of supply asserts that other things remaining constant, the quantity of goods and services supplied increases as price rises. Therefore, the price and quantity supplied are directly related. Should the price fall, the quantity supplied will also decrease. Producers will prefer to supply more when the price is high to make more revenue.
The supply curve is upward sloping indicating how quantity supplied changes at different price levels. In the case, the price has decreased from $4 to $2, which represents a 50 percent drop. The quantities supplied will decrease as per the law of supply. A 50 percent decrease may result in a similar decrease in quantity supplied as the supply curve is upward sloping.
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Answer:
A) lag the cycle.
Explanation:
One of the basic mistakes made by classical economists is that they believe that wages and employment are economic variables that can be easily controlled like money supply or interest rates, when actually they are extremely inflexible and they usually vary much less than the economic cycle.
For example, no employee will accept a pay cut, it is easier for the company to fire him than to convince him/her o earn less money. This is logical since I wouldn't accept a pay cut and you probably wouldn't either. Employment as a whole is more closely related (but in the opposite direction) to the inflation rate than to the economic cycle.
Even the government (at all 3 different levels) tries to avoid massive layoffs since a person fired is not simply a lower cost, but it has negative impacts on the economy as a whole and at social and community levels also.
You must also remember that it sometimes is much easier to fire someone than to hire him/her again or someone with similar skills to perform a job once the economy rebounds.
Answer:
Accounts receivable (Dr.) $1,075
Sales revenue (Cr.) $1,075
Cost of goods sold (Dr.) 800
Finished goods (Cr.) 800
where
Dr. = Debit
Cr. = Credit
Explanation:
The inventory account of a manufacturing firm has three sub-accounts: Raw materials, Work-in-process, and Finished goods. The goods purchased by the company were sold without any work done. It means that they were purchased in finished form, so, the company will record these goods in its finished goods inventory. When goods are sold, we have to record sales and receivable. AND on the same time, under perpetual inventory system, the cost of goods that are sold and inventory account are also adjusted to reflect the changes.
Answer:
CNN) – El secretario del Tesoro de EE.UU., Steven Mnuchin, prometió que para este viernes los propietarios de pequeñas empresas podrán solicitar un nuevo préstamo perdonable para ayudar a mantener sus negocios a flote durante la crisis del coronavirus.
Se han asignado casi US$ 350.000 millones para ese propósito en el nuevo paquete de ayuda económica firmado la semana pasada.
A menos que se publique más orientación técnica pronto, podría ser difícil para muchos prestamistas comenzar el viernes, según Chris Hurn, director ejecutivo de Fountainhead, un prestamista directo no bancario de la Administración de Pequeñas Empresas. De lo contrario, cree que los prestamistas deberían estar listos para la próxima semana.
Muchos ya hicieron todo lo posible para prepararse para un aumento esperado de la demanda. Hurn estima que solo su compañía probablemente procesará solicitudes de préstamos por más de US$ 1.000 millones de inmediato.
Esto es lo que los propietarios de pequeñas empresas deben saber.
LEE: La Casa Blanca y el Senado alcanzan un histórico acuerdo de estímulo de US$ 2 billones para la crisis del coronavirus
¿Quién es elegible para aplicar?
Explanation: