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Rom4ik [11]
2 years ago
9

When firms face reduced demand for their goods and services during recessions, behavioral economics suggests that the firm shoul

d Multiple Choice reduce pay just for the salaried employees, not the hourly production workers. cut production and lay off workers according to the percent decline in sales. increase morale by increasing production and hiring more workers. explain to the workers that in order to make it through the recession, they all need to take a pay cut.
Business
1 answer:
natali 33 [55]2 years ago
5 0

Answer:

Cut Production and lay off workers according to the percent decline in sales.

Explanation:

When there is a decline in demand for goods and services, there is a lower demand for labor. This means that companies and organizations cut costs and try to reduce as much of the losses as possible by laying off workers according to the percent decline in sales.

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on july 1, the knit shop paid $9,000 to townsend realty for 6 months’ rent beginning july 1. prepaid rent was debited for the fu
lubasha [3.4K]

Answer:

debit Rent Expense, $1,500; credit Prepaid Rent, $1,500.

Explanation:

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Depending on the style of the wedding gown dash– and the size of the bride dash– a wedding dress​ custom-designed and sewn in​ j
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<span>These would be the variable costs. Since the dress uses up to a specified amount of each of these elements, the costs can vary depending on the size of the gown and the person wearing the gown. Variable costs, unlike those that are fixed, are able to change based upon outside factors.</span>
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3 years ago
On the basis of the following data taken from the Adjusted Trial Balance columns of the work sheet for the year ended March 31 f
max2010maxim [7]

Answer:

Banes Domino's Company

Closing Entries

Date      Acct.No              Account                    Debit                 Credit

                 9           Income Summary             329,000.00

                 11                  Salary Expense                              244,500.00

                 12                 Rent Expense                                48,000.00

                 13       Depreciation Expense                           25,000.00

                 14         Supplies Expense                                  9,500.00

                15     Miscellaneous Expense                              2,000.00

Expenses are closed to Income Summary Account.

                10               Fees Earned                  510,000.00

                   9           Income Summary                                  510,000.00

Revenue Accounts are closed to Income Summary Account.

                              9           Income Summary   181,000.00

                                        Jack Banes, Capital                      181,000.00

To close Income Summary Account

                           Jack Banes, Capital    47,000.00

                             Jack Banes, Drawing                               47,000.00

To Close withdrawals account.

5 0
3 years ago
What does the intersection point of the demand and supply curves mark? The intersection point of the demand and supply curves ma
vladimir2022 [97]

Answer:

The equilibrium point

Explanation:

The equilibrium point is where there is an exact quantity of production output that perfectly satisfies the total demand of the market.

6 0
3 years ago
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: ____ refers to all of the pay and benefits provided to employees for the completion of work.
steposvetlana [31]
The answer is total compensation. 
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3 years ago
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