Answer:
The depreciation expense during the year: $12,000
Explanation:
The Likert Company uses the units-of-production depreciation method to calculate depreciation expense by the following formula:
Depreciation Expense = [(Cost of asset − Residual Value ) x Number of Miles Produced]/Life in Number of Miles
Depreciation Expense per mile = ($64,000 - $4,000)/200,000 = $0.3
During the year, the truck travelled 40,000 miles
Depreciation Expense = $0.3 x 40,000 = $12,000
Answer:
Marketing helps consumers learn about new products and services.
Explanation:
Market is the process of promotion of buying and selling of product / services. it creates a relationship with the consumers because it is used to attract the customers towards the product or service. Business wants to approach the consumers and Inform them about the product or service. In a competitive market a consumer has many choices. An effective marketing may gain the loyalty of the consumer.
Answer:
marginal product of n th worker =total output of n workers - total output of n-1 workers
MP(n)=TP(n)-TP(n-1)
MP(10)=209- 191
= 18
======
AP=TP/L
AP(10)=209/10=20.9 units
Explanation:
On my view, if one country has inflation and workers didn't adjust their wages immediately, then this will cause unemployment. Let me explain in more details:
The inflation will reduce the purchase power of the workers and this will cause reduction on the demand on the market as a whole. When demand shrink, companies will see themselves producing too much of their products. The products wont be sold so easily and inventory will rose. After this, many companies will start to reduce its production and then the downsaizing of business will start, causing unemployment. This is difficult to see on the real world, because in countries that show a high inflation (like Argentina), the Government works to prevent the rise on unemployment rate.
When workers get wages above their productivity, inflation soon or later appear, and the adjustment will be necessary. In Brazil this is happening, the inflation got more than 10%, in 2015 and more than 6% in 2016 and we almost didn't expand our GDP because the demand shrinked a lot.
He is a determined young man that gives his best in all the things he does in playing baseball. He displayed this quality during his play. A positive thinker that believes in his talent. I think Bandura showed a lot from this characteristic that made him win awards most of the time.
