Answer:
Income will be redistributed from wage earners to goods sellers.
Explanation:
In this instance there are only 2 parties in the economy, the wage earners (buyers) and the seller's.
When there is a price increase by 20% the sellers gain more because they are getting 20% higher on their previous sales.
On the other hand the buyers or wage earners now have to pay more with a constant wage for goods. Their purchasing power is reduced.
So income is being redistributed from the wage earners to the sellers in this economy.
Answer:
(C
) debit; $27,376.
Explanation:
The 58% portion related to factory expenses and should be charged to Manufacturing Overhead (DR) as an indirect expense. This should be absorbed as part of production costs.
The Balance of 42% will be charged as general depreciation on office building.
Answer:
A
Explanation:
As by 2020 college educated and skilled workers will be short, so companies instead of hiring more skilled workers are relocating their already hired experts and transferring some of their tedious lower skilled tasks to other workers thus reducing their cost of hiring more experts.
By redefining these __high value__ knowledge jobs, they address ___skill__ shortages and _____lower___ costs while enhancing job satisfaction.
Some problems that Hudson will face when they enter into the European market include:
- Competition from established industries.
- Higher cost of establishment.
- Lower profits or losses in first few years.
<h3>Why will Hudson face these problems?</h3>
Hudson would be going up against already established companies who have a loyal customer base and less costs as they do not need to pay for startup costs.
Hudson will also incur high investment costs in the areas of production and advertisement as they try to establish themselves in the European markets.
As a result of these high costs, Hudson will make losses or low profits as they might not be able to draw enough clientele to cover the cost of setting up in Europe.
In conclusion, Hudson faces several challenges.
Find out more about start up costs at brainly.com/question/13923720.
