A(n) __________ is an economic structure in which a few very large, very powerful, and very rich owners control an industry or collection of related industries
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Answer:
I guess the answer to the question is capitalist economy
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A cost associated with home buying would be:
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Most likely, a macroeconomist will research inflation. As a result, choice (C) is the proper approach.
What is inflation?
In the field of economics, inflation is the overall rise in the cost of products and services throughout a country's economy.
A decrease in the purchasing power of money results from an increase in the general price level, which makes each unit of currency buy less in goods and services.
This is why inflation is a result of rising prices generally. Deflation is the reverse of inflation, which is an increase in the average level of prices for goods and services.
The annualized percentage change in an index of general prices, or the inflation rate, is the most widely used indicator of inflation. The consumer price index (CPI) is frequently employed for this since household prices do not rise uniformly. American salaries are calculated using the employment cost index.
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Answer:
I would say the answer is c. inflation.
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Job change a person's lifestyle such as the increases the source of the income are the switch the higher rate of the product. A person can also increase the knowledge and the experience.
What is job?
The term job refers to employed on a particular company. The company pay amount on employee is also known as job. The job is created opportunity for built the career. A job is support to the financial earn and built the experience. There are producers, builders, thinkers, and Improvers.
A person is doing the job as they change the lifestyle. A job was the increased the source of income. So, the person are the switch the high price of the product and the services. A person status was the high. The job was the rises in the economy because a person is the employed.
As a result, the job change a person's lifestyle as the switch the high price of the product.
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Answer:
It changes a persons lifestyle by changing what they do on a day to day basis, is the right answer.
Explanation:
In the following ways, the lifestyle of an individual change drastically after getting a job:
Initially, by looking at the other employees of the workplace people began to wear clothes accordingly. They began following the trends that the people of his/her office are following.
By looking at others and to maintain his/her image in the company people start travelling through cabs and having coffee at Starbucks instead of the local street-side tea stall.
b. An increase in the price of a good will lead to a decrease in consumer demand, and a decrease in the price of a good will lead to an increase in consumer demand.
c. An increase in supply of a good will lead to a decrease in demand for that good.
d. An increase in income will lead to a decrease in demand, and a decrease in income will lead to an increase in demand.
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Final answer:
The Law of Demand dictates that there is an inverse relationship between the price of a good or service and consumer demand. As price increases, demand typically decreases and vice versa.
Explanation:
The Law of Demand is a principle in economics that states that as the price of a good or service increases, the quantity demanded decreases, assuming all else is equal. Conversely, as the price of a good or service decreases, the quantity demanded increases. Therefore, the correct response to your question would be option B: 'An increase in the price of a good will lead to a decrease in consumer demand, and a decrease in the price of a good will lead to an increase in consumer demand.'
As an example, if the price of a candy bar increases significantly, customers might choose to purchase fewer candy bars or possibly buy other types of candy instead. Conversely, if the price decreased, customers were likely to buy more candy bars, all else being equal.
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Answer:
$2,261,560
Explanation:
Budgeted finished goods inventory (June 1) = beginning = 500 units
Budgeted finished goods inventory (June 30) = ending =80 units
Planned sales (June) = 28,000 units
Direct labor hours = 4.1 per direct labor hour
Direct labor rate = $20 / direct labor rate
June production :
Planned sales + ending inventory - beginning inventory
(28000 + 80 - 500) units
= 27,580 units
Total Direct labor hour required for production :
27,580 × 4.1 = 113,078 labor hours
Cost of production:
Total direct labor hour × rate per hour
113,078 × $20 = $2,261,560
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Answer:
380 minutes
Explanation:
Given: Plan A : Monthly fee $25
Additional per minute charges = 9 cents
Plan B = Monthly fee = $32.60
Additional per minute charges = 7 cents
The equation for cost usage under plan A will be,
X = 25 + 0.9 y
wherein y denotes the number of minutes consumed
Similarly, for Plan B, the equation would be,
X = 32.6 + 0.07 y
since total cost under the two has to be same at the same number of minutes.
Equating the two , we get,
25 + 0.09 y = 32.6 + 0.07y
⇒ 0.02y = 32.6 - 25
⇒ 0.02y = 7.6
⇒ y =
⇒ y= 380
Hence till the usage level of 380 minutes, Plan A will not cost more than Plan B.
A. debit to SUTA Payable of $810
B. debit to SUTA Payable of $18,900
C. credit to SUTA Payable of $810
D. credit to SUTA Payable of $18,900
Answers
Answer: C. credit to SUTA Payable of $810
Explanation:
The SUTA tax is a certain percentage expected of employers to pay to the state so as to provide palliative or benefit to displaced workers.
The state unemployment tax rate = 5.4% = 0.054
Taxable amount = $15,000
Tax fee = SUTA rate × taxable amount
SUTA tax amount = $15,000 × 0.054
SUTA tax fee = $810.
Therefore accrued payroll taxes will be feature a journal entry to credit the State Unemployment Tax payable of $810.