Answer:
C) $50,000,000
Explanation:
The aggregate rent is the surplus earned by the lawyers for operating over their cost at this market equilibrium.
In the picture attached, the rent is showed graphically.
At PL=$250 per hour, the amount of demanded hours is QL=1,000,000.
The oportunity cost at a zero hours level is PL(0)=$150.
The rent can be calculated as:
The aggregate rent is $50,000,000.
Answer: Option C
Explanation: As per the leader- member exchange model, the relationship between the senior and subordinate is based on the honesty and truth and extends beyond the employment relations.
This model is often used by the organisations that gives high importance to the employees and tries to maintain healthy relationships and positive environment within the workplace.
Hence from the above we can conclude that the correct option is C .
Answer:
12 weeks of unpaid family or medical leave per year.
Explanation:
The Family and Medical Leave Act was signed by President Clinton in 1993. The benefits included in the law are (per year):
- up to 12 weeks of unpaid leave when you give birth to a child or your wife gives birth to a child (this also applies to child adoptions)
- up to 12 weeks of unpaid leave for caring for a seriously ill relative (child, wife or parent)
Answer:
the trucking company recorded<em> a</em><em> </em><em>loss on disposal of $152,200 </em>when it sold the fleet of trucks.
Explanation:
Open the Truck Disposal T-Account as Follows:
Debits :
Cost $1,496,000
Totals $1,496,000
Credits:
Cash Receipt $56,800
Accumulated Depreciation $1,287,000
Profit and Loss (Balancing figure) $152,200
Totals $1,496,000
<em>Therefore, there was a loss on disposal of $152,200</em>
