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3 years ago

In the Basic Solow Model without exogenous growth, if the population, and therefore the labor supply, doubles:_______

Business

1 answer:

otez555 [7]3 years ago

3 0

Answer:

In the Basic Solow Model without exogenous growth, if the population, and therefore the labor supply, doubles steady state output per worker will be unchanged.

Explanation:

According to the given scenario options A, B and C are ruled out. Hence, the answer to the above question is option D. Steady state output per worker will be unchanged.

Hope this helps.

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In the game of economics,

kirill [66]

Answer:

Services

Explanation:

In the game of economics, services are actions that other people value. Services are something which people get and it helps to improve the utility level of a customer. Services are valued by people because it satisfies their needs and wants. Moreover, this is why people pay a lot of money to get better services because it plays an important to fulfil human wants.

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4 years ago

A new factory manager was hired for a company that was experiencing slow production rates and lower production volumes than dema

rodikova [14]

Answer:

C. unfavorable direct labor cost variance

Explanation:

The payment of cash bonuses would result in an unfavorable direct labor cost variance

. The Direct labor cost variance is unfavorable if the actual cost per hour is higher than the standard cost which in this question is as a result of bonuses charged to the direct labor budget. In other word, the factory paid more per hour of labor than what it has estimated

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3 years ago

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,500 of dir

serg [7]

The amount of job costs added to Work in Process Inventory during October is $37,000

Explanation:

Job A3B was ordered by a customer on September 25.

The company applies overhead at a rate of 200% of the direct labor cost incurred.

Cost of September:

$2,500 of Direct Materials(DM)

$4,000 of Direct Labor(DL)

$4,000 manufactured overhead(OH)

Total job cost = DM + DL + (OH)

Total Job Cost =$2500+$4000+($4000*200%)

Total Job Cost=$2500+$4000+$8000

Total Job Cost=14500 (Cost for September)

Cost of October:

$3,000 of direct materials

$6,500 of direct labor

$6,500 manufactured overhead

Total job cost = DM + DL + (OH)

Total Job Cost =$3000+$6500+($6500*200%)

Total Job Cost=$3000+$6500+$13000

Total Job Cost=22500 (Cost for October)

Total cost of Job A3B= September $14,500+ October $22,500 = $37,000

Work in process contains the sum of the costs on job cost sheets for jobs that are not yet complete.

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3 years ago

As idle time gaming, inc.s business and product lines continue to grow, it wants to limit the need to build additional space to

FrozenT [24]

The answer to this is that the company has strategically decided to adopt “telecommuting”.

Telecommuting is the general term used which refers to working at places outside the office which is usually at home using the internet, email, or telephone.

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3 years ago

One source of friction in the government provision of a pure public good is that voters receive __________ of the public good an

astra-53 [7]

The answer is the same amount; different reservation prices

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3 years ago