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natita [175]
3 years ago
14

Consumers are limited in the total utility that they can gain from buying products because they have limited

Business
1 answer:
Cloud [144]3 years ago
6 0

Answer: income i think

Explanation:

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Suppose there is perfect competition in the output market and the labor market and that the output price is $10 and the wage is
Pani-rosa [81]

Answer:

2 hours of labor

Explanation:

Labor is hired up to a point where the marginal product of labor * Price of the output = wage of the worker.

Thus, 35 * 10 = 350.

35 widgets are produced using 2 hours of labor.

4 0
3 years ago
(Chapter Supplement) Under the gross method of recording sales discounts discussed in this chapter, is the amount of sales disco
UkoKoshka [18]

At the time of collection, if the amount is paid within the discount period, the following entry is recorded:

Cash (+A).......................xxx

Sales discount(+XR,-R,-SE)........xxx

R. Jones (Accounts Receivables)(-A)….xxx

If the account is paid in full before the end of the discount period, the customer can be eligible for a cash discount rate. The duration of the trade credit is known as the credit period, and up until the end of the credit term, no interest is applied to the outstanding balance.

You use it to illustrate how a company's cash flow is distributed equally throughout the year rather than arriving in full at the end. We would use discount period numbers of 1 for the first year, 2 for the second year, 3 for the third year, and so on in a DCF without the mid-year convention.

Learn more about discount period here

brainly.com/question/2264363

#SPJ4

8 0
1 year ago
Bruce enjoys working one on one with individuals who are struggling to cope with a situation. He has great interpersonal skills
Anon25 [30]

Your answer would be mental health counselor.

Hope it helps!

5 0
3 years ago
Read 2 more answers
A $200 petty cash fund has cash of $20 and receipts of $177. The journal entry to replenish the account would include a credit t
nalin [4]

Answer:

a. Cash for $180

Explanation:

The receipts from the petty cash fund indicate that the owner of the box made purchases adding up to $177. Therefore that money is no longer part of the fund. Since the fund holds $200 and currently only has $20 then to replenish the account the journal entry would need to include a credit to cash for $180 ... ($200-$20=$180)

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Given the data below for production equipment,Initial Cost, P = $50,000 Salvage Value at the end of 5 years, S = $10,000. Deprec
Taya2010 [7]

Answer:

1. B. $8,000

2. C. $7,200

Explanation:

Units or production (UOP) method of depreciation bases the depreciation expense of a machine or equipment on how much it is actually used during the period.

depreciable value = $50,000 - $10,000 = $40,000

depreciation rate per unit = $40,000 / 25,000 = $1.60

Year          Projected Production units         Actual Production units

1                              4,500                                    5,000

2                             5,000                                    4,000

3                             3,500                                    3,000

4                             5,500                                    5,000

5                             6,500                                    Not known

Total                      25,000

depreciation expense year 4 = $1.60 x 5,000 = $8,000

accumulated depreciation year 4 = $1.60 x 17,000 = $27,200

book value = $50,000 - $27,200 = $22,800

if sold at $30,000, gain resulting from sale = $30,000 - $22,800 = $7,200

7 0
2 years ago
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