Answer:
The answer is (A) higher than it was in short-run equilibrium.
Explanation:
Answer:
Dr. Cr.
Work in progess 139,000
Salaries and wages payable account 139,000
Explanation:
Direct Labor are charges to work in progress account and a payble is created as a result.
Total Labor cost = $212,000
Indirect cost = $73,000
Direct labor cost = $212,000 - 73,000
Direct labor cost = $139,000
Answer:
households act in their own best interests.
Explanation:
Economic Decision-Makers includes the Households, Firms, Governments, and the Rest of the World. Economic decision-making is the means or process of selecting which needs and wants that should be satisfied. The factors that determines what is produced are Resources available and consumer preferences and the factors that determines what is purchased are consumer preference and price.
The Households demand for goods and services will lead to what the industries produces. Households are seen as rational because they try to act in their upmost best interests and not what will make them sad.Utility maximization is dependent on household's subjective goals.
Answer:
a promissory note
Explanation:
Based on the information provided within the question it can be said that the instrument that Ewa signed is most likely a promissory note. This is a not that enforces an unconditional promise, from one individual to another promising to make a certain payment in a certain time period. Which is exactly what EWA is signing when agreeing to pay $5,000 with interest in installments with the final payment due June 1, 2013.
Answer:
The payment after 1 year will be
F=P(1+i)^n
n=1 year
P=100,000
F=100000(1+0.09)
F=109000 after 1 year
interest=9/100*100000=90000
exceeded payment=109000-90000=19000
