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3 years ago

6. What are complements? evonomics

Business

1 answer:

hichkok12 [17]3 years ago

3 0

Answer:

The answer is below

Explanation

Complements in economics is a term that is used to describe goods that are used or consumed together. For example, pencil and eraser, pen and paper, etc.

Complements are goods in economics whose value is increased when combined with other goods. Another example of complement goods is movies and popcorn

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In the country of Economica, the total labor force consists of 15,000 workers. 750 of these workers are unemployed, and thus the

wel

Answer:

At the end of the year, the labor force will consist of 15,555 workers

The unemployment rate will be 7.71%

Explanation:

In order to calculate the labor force we would have to make the following calculation:

labor force=labour force - workers will lose their jobs +workers will return to the labor force - workers voluntary leave their jobs + new workers entered

labor force= 15,000 - 300 + 255 - 150 + 750

labor force=15,555

At the end of the year, the labor force will consist of 15,555 workers

In order to calculate the unemployment rate we would have to make the following calculation:

unemployment rate=Unemployed labour force/labor force

Unemployed labour force=new workers entered+workers will lose their jobs+workers voluntary leave their jobs

Unemployed labour force=750 + 300 + 150

Unemployed labour force=1,200

Therefore, unemployment rate=1,200/15,555

unemployment rate= 7.71%

The unemployment rate will be 7.71%

3 0

3 years ago

A flower shop makes a large sale for $1,500 on June 30th. The customer is sent an invoice on July 5th, and a check is received o

Likurg_2 [28]

Answer:

June 30

Explanation:

According to the revenue recognition principle, the transaction should be recorded in the books of accounts when the sale is made. It records that revenue which is earned and the possibility of the receipt of cash should be high.

It records that when the product and services are sold to the customer and in return customer received it. Whether the payment received later but the sale is made.

So, on June 30, the revenue should be recognized.

6 0

3 years ago

Martin received a nonstatutory stock option from his employer on January 1, 2018. The option gives him the right to purchase 100

Ksju [112]

Answer:

Correct answer is option A

Explanation:

In case of non-statutory stock option, income which is fair market value less any cost incurred for stock options, is included when the stock options are exercised.

5 0

3 years ago

What are the three basic economic questions all societies must answer?.

Anna11 [10]

Answer-

What goods and services should be produced?
How should they be made?
Who consumes these goods and services?

8 0

3 years ago

Find an online news article related to tort law and write a 3 to 5 sentence response tying the article to at least one key conce

Arisa [49]

Answer:

Tort law is the civil law that enables the employees to seek compensation by the business if anything wrong is done against them.

Explanation:

Tort law secures the rights of employees and enables them to ask for compensation if they are mentally disturbed or physically harmed by the business activities or management team. The law also protects individuals from the threats of harm and compensation can be seek by providing proofs in the court.

4 0

3 years ago