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3 years ago

The following units of a particular item were available for sale during the year:

Business

1 answer:

Natali5045456 [20]3 years ago

3 0

Answer:

Explanation:

The total cost of the ending inventory according to FIFO is $22,880.

Part b

The total cost of the ending inventory according to LIFO is $22,000. 

 

 

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A general decrease in wages will result primarily in the _____ curve shifting to the _____. aggregate demand; left short-run agg

Archy [21]

A general decrease in wages will result primarily in the aggregrate demand curve shifting to the shifting to the right.

<h3>What is the impact in the decrease in wages? </h3>

When there is a decrease in wages, it becomes cheaper to hire labor. As a result, there would be an increase in the demand for labor. This would shift the demand curve for labor to the right.

The decrease in wages, would shift the long run aggregrate supply curve to the left.

To learn more about the demand curve, please check: brainly.com/question/25140811

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2 years ago

Alfonso has noticed that increases in unemployment insurance claims are associated with recessions, and therefore be advocates l

7nadin3 [17]

Answer:

c. The reasoning of both Alfons and Mary suffers from the omitted variable problem

Explanation:

The issue of omitted variables occurs as a result of mis-specification of a linear regression model, which could be either because the impact of the omitted variable on both the dependent variable is unclear, or the evidence was not accessible.

This causes you to omit the variable from your regression, resulting in over-estimation (upward bias) or underestimation (downward) of the influence of one of the other predictor variables.

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3 years ago

Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing

Mashcka [7]

Answer:

The financial securities would decline by $106.7

Explanation:

Given

Financial securities at a geometric rate= $128

Underlying Security Asset = $14

Decreased value of the underlying asset = $6

When there's a reduction of $6 in the underlying asset price, this means the securities value will also get a reduction by a ratio of 6.

Because of this, we'll only consider the financial securities because it increases at a geometric progression unlike underlying assets that increases by arithmetic progression.

First, the value of financial securities needs to be calculated using the following formula;.

Value of Financial Securities = Financial securities at a geometric rate ÷

Decreased value of the underlying asset

Value of Financial Securities = $128 ÷ 6

Value of Financial Securities = $21.3

Tthe decline value of the financial securities is calculated as follows:

Decline Value = Financial securities at a geometric rate - Value of Financial Securities

Decline Value = $128 - $21.3

Decline Value = $106.7

Hence, the financial securities would decline by $106.7

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3 years ago

Suppose a nation opened its borders to the free flow of workers from other nations. how would this event likely affect the long-

OverLord2011 [107]

Answer:

B) both curves would shift to the right.

Explanation:

The long-run aggregate supply (LRAS) curve will shift to the right because the production costs will decrease, increasing total production output and lowering prices.

The production possibilities frontier (PPF) will also shift to the right because more production output increases total supply, and that increases the production possibilities of the country.

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3 years ago

How long does someone stay on your best friend list on Snap chat??

Dennis_Churaev [7]

it's for as long as u want except ur phone begins to malfunction

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3 years ago