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The wage rate and employment are determined by the intersection of demand and supply of labor.
Two things that can change the demand for labor are, (1) the amount or price of a produced good (if the prices rise it leads to an increase in labor, and if the price falls it leads to a decrease in demand for labor). The demand for labor changes when the price of the good being produced changes because it directly affects the marginal revenue product of labor. (2) Changes in the productivity of labor (more productive workers will cause an increase in demand for labor, if workers are less productive it'll cause a decrease in demand for labor)
Changes in the supply of labor, two things to mention are (1) changes in wage rate within competing markets then the supply of labor will change. (If rival industries offer higher wages it will cause a decrease in the supply of labor and if they offer lower wages will lead to an increase in the supply of labor. (2) They are barriers to entering the market (permits, licenses, etc.) and population growth.
The portfolio's beta is 1.2. You sell one stock with a beta of .8 for 5,000 and use that to buy a stock with a beta of 1.6. What is the portfolio's new beta.
Kayla also took out a two-month loan for $40,000 on October 1 at 7%. How much is interest payable on the 12/31 Balance Sheet?
Broussard Skateboard's sales are expected to increase by 20% from $8.0 million in 2013 to $9.60 million in 2014. Its assets totaled $4 million at the end of 2013. Broussard is already at full capacity, so its assets must grow at the same rate as proj..
By 1995, a period of 17 years, its earnings had grown to $1.01 per share. What was the compound annual rate of growth in the company's earnings?
Income before income tax was $200,000, and income taxes were $80,000 for the current year.
Dapper Corporation had only one job in process on May 1. The job had been charged with $1,030 of direct materials, $3,760 of direct labor, and $6,350 of manufacturing overhead cost.
The regression analysis for Cruz Catering gave the following results: Total costs = $3,000 + $1.90 meals + $15 jobs + $100 new products + $50 new customers. What are the estimated total costs in a month in which there are 3,000 meals prepared/sold, 2..
If you deposit $20,000 in a bank account that pays 15% interest annually, how much will be in your account after 6 years
Using the FIFO method, prepare a process cost report for April. Identify the amount that should be transferred out of the Work in Process Inventory account, and state where those dollars should be transferred.
How much cash was collerted from customers during the year? Philip Corp reported credit sales of $240,000 and write-offs of bad debts of $57,000
An example of an activity cost pool is
Based on this information, the expense budget for part time staff only for the months of July, August and September respectively will be
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