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I think it’s the second one letter B
The number of hours worked for which I will the receive the payment is 7 hours.
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<u>Explanation:</u>
Considering the working hour is from 7:30 am to 8:30 pm
Initial work hours = 7:30 to 11:30am
number of hours = 4
If I start working at 5:30 pm and work till 8:30 pm then the number of hours would be 3
Thus,
total number of hours worked = 4 + 3
= 7
Therefore, number of hours worked for which I will the receive the payment is 7 hours.
What would be the effect of a decrease in government taxes on a good's supply curve, ceteris paribus shift to the right
Supply curve shift:
Changes in production cost and related factors can cause an entire supply curve to shift right or left. This causes a higher or lower quantity to be supplied at a given price.
A supply curve shows how quantity supplied will change as the price rises and falls, assuming ceteris paribus—no other economically relevant factors are changing. If other factors relevant to supply do change, then the entire supply curve will shift. A shift in supply means a change in the quantity supplied at every price.
The ceteris paribus assumption :
A demand curve or a supply curve is a relationship between two, and only two, variables: quantity on the horizontal axis and price on the vertical axis. The assumption behind a demand curve or a supply curve is that no relevant economic factors, other than the product’s price, are changing.
Learn more about supply curve :
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Answer:
$5,490
Explanation:
Computation for the equivalent units for conversion costs
To complete beginning work in process inventory 360
[400*(1-10%)]
Units started and completed 4,500 (4,900-400)
Ending work in process inventory 630 (900*70%)
Equivalent units for Conversion costs $5,490 units
Therefore the equivalent units for conversion costs is $5,490
