When you calculate marginal costs, they should include: both the variable and fixed costs.
Option C is correct.
What is Marginal Cost?Marginal cost refers to the increase in production costs caused by producing additional units of a product. Also called the marginal cost of production. By calculating marginal cost, firms can see how output affects costs and, ultimately, profits.
Why does marginal cost increase?In general, the marginal cost of production tends to increase as the production volume increases. Marginal costs allow manufacturers to determine how to allocate resources to production units and maximize output.
Why Marginal Cost Matters?Marginal cost of production is used to measure the change in the cost of a product due to the production of additional units of production. Once the company reaches the optimal production level, producing additional units will increase the production cost per unit.
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On January 1, 2020 (the date of grant), Lutz Corporation issues 2,000 shares of restricted stock to its executives. The fair value of these shares is $75,000, and their par value is $10,000. The stock is forfeited if the executives do not complete 3 years of employment with the company. Prepare the journal entry (if any) on January 1, 2020, and on December 31, 2020, assuming the service period is 3 years
The journal entry for January 1, 2020: Unearned compensation (debit) = $75,000, Common Stock (credit) = $10,000, Paid-in Capital in Excess of Par - Common Stock (credit) = $65,000
Fair value of a stock is the sale price, determined by the market. Par value, on the other hand, is the value of stocks determined by the corporation.
In journal entry, fair value will be recorded as unearned compensation (debited), and par value as common stock (credited)
Journal entry for January 1, 2020
- Unearned compensation (debit) = $75,000
- Common Stock (credit) = $10,000
- Paid-in Capital in Excess of Par - Common Stock (credit) = $65,000
Journal entry for December 31, 2020
- Compensation Expense (debit) = $75,000 / 3 = $25,000
- Unearned compensation (credit) = $25,000
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FILL IN THE BLANK. in the context of supply chain management (scm) technologies,___enables business partners to send and receive information on business transactions.
In supply chain management technologies, business partners can send and receive information about business transactions using electronic data interchange.
What is electronic data interchange?One technique that aids in the electronic exchange of data and business information from one organization to another is electronic data exchange.We can easily and quickly share information or data in an organization by using this concept. The electronic data exchange method allows business partners to send and receive data on business transactions.The benefits of electronic data interchange are:
We communicate and share data or any type of business information from one organization to another quickly by using electron data exchange.It reduces the use of paper as well as the costs.It also reduces turnaround time and provides high-quality information.To learn more about electronic data interchange refer to :
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During recessions, the official unemployment rate may not adequately reflect the true state of the official unemployment rate and percentage of unemployed, underemployed, and discouraged workers.
Official unemployment rate Total percentage of the labor force who are either unemployed, underemployed rate, or discouraged workers.
5.5% 8.4%
Using the data above, calculate the percentage of discouraged and underemployed workers. Percentage of discouraged workers and underemployed workers _____%.
Percentage of discouraged workers and underemployed workers 2.9%
Unemployment is the situation of one who is able to work, actively in search of work, but unable to discover any work. it's far vital to note that to be taken into consideration as unemployed a person must be an energetic member of the labor pressure and searching for remunerative work.
Unemployment rate = (Unemployed ÷ Labor Force) × 100
Total percentage of the labor force who are either unemployed, underemployed, or discouraged workers = [(Unemployed + Discouraged and Underemployed) ÷ (Labor Force + Discouraged and Underemployed)] × 100
Unemployment rate = 5.5% (given)
Total percentage of the labor force who are either unemployed, underemployed or discouraged workers = 8.4% (given)
So, the total percentage of the labor force who are either unemployed, underemployed or discouraged workers is calculated by adding discouraged and underemployed people in the numerator and denominator of the unemployment rate.
So, the percentage of discouraged workers and underemployed workers is 8.4% – 5.5% = 2.9%.
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a roller coaster ride in an amusement park employs which type of the queuing system line structure?
A roller coaster ride in an amusement park employs 'single channel, single phase' type of queuing system line structure.
A 'single-channel, single-phase' queuing system refers to a business entity that has only one server. As soon as a customer is attended to, they are provided with full service. For instance in the case of an automated car wash. It means that in 'single-channel, single-phase' queuing system only one car enters the one service system or one service facility; unless it is not washed completely or avail full wash service, no other car or vehicle is allowed to enter the service facility.
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in addition to identifying information on the mortgage loan originator notice of a prior suspension of a financial services related professional license will be made public in the registry
It holds completely appropriate and factually correct to mention that the notice related to the prior suspension of financial service related operational licenses are required to be made publicly available in the registry. Therefore, the statement given above holds true.
A public notice can be referred to or considered as the notice that is required to be made available to the access of the public, as it involves a general interest and has been mandated to do so under the relevant regulations made by the authorities.
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Complete question
It is a TRUE/FAlSE based question.
all but which of the following is an exception to the parol evidence rule? multiple choice contracts that contains obvious typographical errors contracts involving the transfer of an interest in land incomplete contracts contracts that have been subsequently modified
Contracts transferring other interests in land are outside the statute of frauds is an exception to the Parole evidence rule.
What are contracts, and are there any more types?A contract can be among other things unilateral, bilateral, conditional, voidable, express, implicit, executed, or executory. It can be generally categorized based on quasi-contract.
What is the purpose of a contract?A contract is a legally binding arrangement between two or more parties. Each party agrees to uphold the rights and obligations set forth in this agreement after it is signed. In essence, a promise forms the foundation of any contract.
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in a cost center, the manager has responsibility and authority for making decisions that affect a.both costs and revenues b.costs c.revenues d.investments in assets
In a cost center, the manager has responsibility and authority for making decisions that affect cost. (Option B).
What is a Cost Center?A department or function inside a business that does not directly contribute to profit but nonetheless incurs operating expenses is referred to as a cost center. Contrary to profit centers, which do so directly through their operations, cost centers only indirectly influence a company's profitability.
The accounting, human resources, IT, maintenance, and research and development departments are a few examples of cost centers. In comparison to a department, a cost center can be defined at a lower level. It might have to do with a certain machine, manufacturing line, or work role.
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Jill is buying new appliances. The cost of the dishwasher is rs. 559 and the cost of the microwave is rs. 289. What is the total price including the sales tax rate of 8%?.
The total price of the dishwasher and the microwave after the sales tax of 8% will be Rs 915.84
How to calculate the total price?
Cost of the dishwasher = 559
Cost of the microwave = 289
Total cost of the appliances = 559 + 289
= 848
Sales Tax = 8% of 848
= 67.84
Total Cost = Pre-Tax value + Sales tax
= 848 + 67.84
= 915.84
What is sales tax?
The government levies a consumption tax known as a sales tax on the purchase of goods and services. A company is responsible for paying sales taxes in a particular jurisdiction if it has a nexus there. Depending on the local rules, a nexus can be a physical location, a worker, an affiliate, or some other presence.
The total price of the dishwasher and the microwave after the sales tax of 8% will be Rs 915.84
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a small manufacturer, operating out of a rented space in a light-industrial area, produces inexpensive office supplies. classify each aspect of the operation as an example of sticky input prices, menu costs, or money illusion.
One feasible reason for sticky expenses may be the costs corporations incur whilst converting charges.
BLS defines complete employment as an economy wherein the unemployment charge equals the nonaccelerating inflation charge of unemployment (NAIRU), no cyclical unemployment exists, and GDP is at its capability.
The one motive why the combination demand curve is downward sloping is the hobby charge effect (also referred to as Keynes's interest fee impact).
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reserves (the amount the bank can lend out to earn interest) equal reserves minus reserves.
Reserves (the amount the bank can lend out to earn interest) equal Total reserves minus Required reserves.
What are the reserves of a bank?The reserves of a bank refer to the amount that it is legally permitted to be able to loan out to people so that it can then earn interest by charging interest on the loans provided. The reserves of a bank are created from the total reserves that it has access to, which themselves are drawn from the deposits made by people into the bank.
The total reserves that a bank has, cannot be lent out to people however, due to something called " required reserves. " These required reserves are the amount that a bank must keep with the Fed to ensure that it has some money to meet the demands of consumers.
The reserves of a bank are therefore found by the formula:
= Total reserves - Required reserves
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currently, all states require an average of (fill the blank) semester credits of supervised student teaching.
Currently, all states require an average of 6-8 semester credits of supervised student teaching.
Supervised student teaching practice is the practice of teaching under the supervision of an experienced teacher. It is proposed as a low-cost integrated approach to linking teacher support and development with quality assurance.
Because most schools have two semesters per year and degrees are designed to be completed in four years, that equates to 15 credit hours per semester. To break it down further, most college courses at semester-based schools are worth three credit hours. So, on average, you should take five classes per semester.
To calculate a college credit, you must first know how many hours you spend per week on classroom work and homework, as well as the number of days and weeks in your semester. A credit is calculated as 1 credit = (1 hour classroom work + 2 hours homework)/week x (15 weeks/semester).
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a credit is the right side of the t-account. it can increase or decrease the account, depending on the type of account true false
A credit is the right side of the T-account. It can increase or decrease the account, depending on the type of account: "True"
What is T-account?
A T-account is a graphic representation of a general ledger account. The name of the account is placed above the "T" (sometimes along with the account number). Debit entries are depicted to the left of the "T" and credits are shown to the right of the "T". The grand total balance for each "T" account appears at the bottom of the account. A number of T accounts are typically clustered together to show all of the accounts affected by an accounting transaction.
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A fast-fashion company may run a risk of hiring low cost vendors who supply at rock-bottom prices at the cost of unfair labor practices. This is an example of.
A fast-fashion company may run a risk of hiring low cost vendors who supply at rock-bottom prices at the cost of unfair labor practices. This is an example of unethical labor exploitation.
What is labor exploitation?Labor exploitation in the context of preventing human trafficking and modern slavery describes situations in which individuals are forced to work for little or no pay, frequently under the threat of punishment. The use of violence or intimidation is just one of several methods that can be used to persuade someone.
Human trafficking and forced labor are both crimes that constitute modern slavery, and labor exploitation is one of those crimes. Recruitment practices that are ethical can help to prevent worker exploitation. So make sure your agreement with the employer you've picked is in writing. Perform spot checks on the identification of agency workers (eg right work documents and contracts). Ask the employees if they feel they are being treated fairly.
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the percentage of workers who were members of labor unions grew fastest over the course of which decade?
The percentage of workers who were members of labor unions grew fastest over the course of 1940 - 1950 decade.
What is the purpose of the union?
A union is a group of two or more of his employees who come together to advance common interests, such as wages, benefits, schedules, and other terms and conditions of employment.
What are the 3 benefits of Union?Unions help narrow the pay gap between workers and people of color. Union members enjoy better job protection and paid leave than non-union workers, and can more safely exercise their rights at work.
How do unions work?Union members work together to negotiate and implement contracts with management that ensure you care: adequate salary increases, affordable health care, job security, stable schedules, etc. Retribution Better jobs and working conditions without fear .
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if geoff makes quarterly deposits of $1,000 into an account that pays 1.4% interest quarterly, how long will it take for his principal to grow to $10,000? use the future balance of a periodic investment formula from example 3 to answer the question. round to the nearest tenth of a year.
It takes 21.85 months for his principal to grow to $10,000. As you extend the future time, the future value rises.
Given,
Future value =$10,000
Deposit amount (principal) =$1,000 per quarter
Rate =1.4%
Required to calculate the time =?
The required calculations are shown in the file given attached below.
The basic idea underlying the time value of money concept is that money received now is worth more than money received after a specific amount of time.
Time has a stronger impact on value (r) when opportunity cost and risk are higher, as well as when time passes more quickly. Time has less of an impact on value the closer the liquidity.
Therefore, Geoff makes quarterly deposits of take 21.85 months to become $10,000.
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all of the following are characteristics of a perfectly competitive market except which one? question 8 options: a) no barriers to entry b) very high transaction costs c) perfect information d) homogeneous goods
All of the following are characteristics of a perfectly competitive market except very high transaction costs. Hence option (b) is the answer.
What are the five features of a market system with the perfect competition?In a market that has perfect competition, there are many buyers and sellers that affect the market price of essentially homogeneous goods, and there are no obstacles to entry or leaving. Although a purely competitive industry's demand curve is down sloping, it is completely elastic for a purely competitive firm.
Following are some traits or qualities of a market that is completely competitive:
1. Many people buy and sell comparable things, thus there are lots of buyers and sellers.
3. There are no barriers to admission or exit into the market; no transaction is involved
4. It has the ideal elastic demand
5. Complete product knowledge
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multiple choice question which depreciation method is most likely to be used by profitable businesses with high marginal tax rates? multiple choice question. units of activity depreciation method macrs 200% declining balance straight-line depreciation alternative depreciation system
MACRS 200% declining balance depreciation method is most likely to be used by profitable businesses with high marginal tax rates. (Option B)
What is Depreciation?Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life. How much of an asset's value has been used is shown through depreciation. It enables businesses to purchase assets over a predetermined length of time and generate income from those assets.
Depreciation, in sum, links the expense of using a material item with the benefit realized over the course of its useful life. Depreciation can take many different forms, including accelerated and straight-line depreciation.
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clampett, incorporated, has been an s corporation since its inception. on july 15, 2023, clampett, incorporated, distributed $50,000 to j.d. his basis in his clampett, incorporated, stock on january 1, 2023, was $45,000. for 2023, j.d. was allocated $10,000 of ordinary income from clampett, incorporated, and no separately stated items. what is the total amount of income j.d. recognizes related to clampett, incorporated, in 2023?
The total amount of income J.D. recognizes related to Clampetts, incorporated, in 2023 is $10,000.
$50,000 distribution - $30,000 basis - $10,000 increase basis = $10,000.
In economics, distribution is the manner overall output, income, or wealth is distributed among individuals or most of the elements of production (which include labor, land, and capital). In widespread principle and in for example the U.S. countrywide profits and Product bills, each unit of output corresponds to a unit of earnings.
One use of country-wide accounts is for classifying factor earnings and measuring their respective shares, as in national income. however, where cognizance is on earnings of individuals or households, modifications to the country-wide money owed or different facts resources are often used. here, interest is frequently on the fraction of profits going to the top (or bottom) x percentage of households, the next x percentage, and so on (defined by equally spaced reduce factors, say quintiles), and on the factors that might affect them (globalization, tax coverage, generation, etc.).
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Monopoly profit will _____ when a monopolist goes from single-price monopoly to perfect price discrimination. Remain the same increase decrease initially increase and then return to its original level.
Monopoly profit will decrease when a monopolist goes from single-price monopoly to perfect price discrimination.
A market system that is characterized by a single supplier offering a distinct product. In a monopoly market, there is no competition for the seller because there is no other close equivalent for the goods he is selling.
In a market with a monopoly, an entity becomes the sole seller of commodities due to elements including a government license, resource ownership, copyright, and patent protection, as well as high startup costs. All of these characteristics prevent other sellers from entering the market. Monopolies also have access to information that is not shared by competing sellers.
Due to the characteristics of a monopoly market, the sole vendor controls the market and sets the prices. He takes pleasure in having control over the pricing of his items.
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Which of the following is a strategy(ies) used by firms in monopolistically competitive industries to convince consumers that their product is better than their rivals' products?
Comparative advertising or niche marketing
Equity marketing
Niche marketing
Comparative advertising
Comparative advertising or niche marketing is the correct answer. Comparative advertising makes corporations develop quicker and generate innovative ideas in an extremely competitive setting.
Additionally, this kind of advertising attracts user attention, unveils the most effective options of many competitors' alternatives, and permits shoppers to form a well-read call. Comparative advertising generally referred to as “comparison advertising,” is an advertising strategy during which a whole compares itself to a contestant to spotlight parity or superiority. Comparative advertising is employed to gift a product or service as being superior to a comparable product or service as a contestant.
Comparative advertising is advertising apply during which a business compares its product (s) with its competitors and makes its product (s) look superior.
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packman company has a division that manufactures a component that sells for 75 and has variable costs of 30 and fixed costs of 16. another division wants to purchase the component. what is the minimum transfer price if the division is operating at capacity
When a company is operating at optimal capacity, the transfer price should be the opportunity cost, which is the sale value to outsiders in such cases. Therefore minimum transfer price is 75.
How to calculate the minimum transfer price?
The bare minimum transfer price can be determined in a number of different ways. Some businesses just set the minimum at the same level as variable costs. Some people include variable costs together with an estimated opportunity cost. According to the general economic transfer price rule, the minimum must be higher than or equal to the selling division's marginal cost.
When a company is operating at optimal capacity, the transfer price should be the opportunity cost, which is the sale value to outsiders in such cases. Therefore minimum transfer price is 75.
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How has vehicle demand in the united states influenced volkswagen’s global production strategy?.
As per the global production strategy Volkswagen has responded to market changes by producing its Atlas SUV in the United States.
What do you mean by the Global production strategy?Thinking holistically about a company's suppliers, production sites, customers, and competitors is a key component of a global strategy.
Every good or service must be evaluated from the standpoint of both domestic and international market norms.
Therefore, as per the global production strategy Volkswagen has responded to market changes by producing its Atlas SUV in the United States.
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at the utrgv college of business and entrepreneurship, we place great importance in values, initiative and professionalism. describe one example of how you have demonstrated these qualities.
A strong trait is professionalism. It enables you to play your part as effectively as possible.
What is professionalism?Regardless of your function or career, professionalism entails continually reaching high standards, both publicly and "behind the scenes." Certain "rules" of professionalism apply to certain industries, workplaces, or job functions. These may be overt, such as a social media usage guideline or a set clothing code. In meetings, for example, what is considered professional behavior, or even how people personalize their desks, might be just as essential as other norms and expectations that may not be written down. Being perceptive and seeking clarification when necessary will pay off. Real experts know when and how to challenge conventions and don't blindly obey rules. They are adaptable and creative, coming up with their own methods while upholding strict standards.
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you receive a full-price offer within one day for a new listing. your seller is concerned the home was under priced. how should you respond?
Seller is concerned the home was under priced. Make sure your seller is informed.
What is business communications?Business communication is any communication that aims to share information with both internal and external parties in order to further a company's core objectives. Information exchange between employees and people outside the corporation is referred to as business communication.
To achieve corporate goals, employees and management communicate with one another through efficient communication. It seeks to streamline organizational processes and lessen errors. In order to achieve corporate goals and better fit with the fundamental company values, management and employees must communicate effectively with one another. Its key goals are to enhance organizational procedures, get rid of silos, inform staff, and lower mistakes.
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Suri is leading a group project. Which time-management tool would help her organize multiple tasks and schedules and easily share with her team?.
Time-management tool which help Suri to organize multiple tasks and schedules and can easily share with her team is Online calendar.
What do you mean by Team?A team is described as a collection of individuals who collaborate to complete interdependent activities in support of a common goal or mission.
Planning and exercising deliberate control over the amount of time spent on particular tasks, especially to boost effectiveness, efficiency, and productivity, is the practice of time management. Calendar is one example of a time management strategy, project manager or task manager, tracker for time, App for capturing notes (with templates), Tools for preventing distractions, habit tracking,
Therefore, Online calendar is time-management tool which help Suri to organize multiple tasks and schedules and can easily share with her team.
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Intro Dakota Oranges Company paid an annual dividend of $3.56 per share yesterday. Dividends are expected to grow at a constant rate of 8% forever. The required rate of return is 14%. - Attempt 1/10 for 10 pts. Part 1 What is the stock's current intrinsic value? 0+ decimals Submit
Essentially, the model seeks to determine the stock's intrinsic value by combining its current per-share book value with its discounted residual income.
How to Calculate the Intrinsic Value of a StockIntrinsic value is a philosophical concept in which the value of an object or endeavor is derived in and of itself—or, to put it another way, independently of other extraneous factors. Financial analysts create models to estimate what they believe to be the intrinsic value of a company's stock, which is separate from its perceived market price on any given day.
When determining a stock's intrinsic value, cash reigns supreme. Many models calculate the fundamental value of a security factor using cash-related variables (such as dividends and future cash flows) and the time value of money (TVM). The dividend discount model is a popular method for calculating a company's intrinsic value (DDM). The DDM's fundamental formula is as follows:
(CCEDGR) /EDPS = stock value
where EDPS = Expected dividend per share
CCE = Cost of capital equity
DGR = Dividend growth rate
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the seller lists his home for $400,000 and the listing agent tells the prospective buyer to submit a low offer because the seller is desperate. the buyer offers $39,000 and the seller accepts. in this situation,
The buyer offers $39,000 and the seller accepts. in this situation, the broker violated the agency relationship.
What is broker?A broker is a person who facilitates transactions between traders, sellers, or buyers. Think of a broker as an intermediary that ensures transactions go smoothly and that each party has the necessary information. Brokers exist in many industries, including insurance, real estate, finance, and retail.A broker's primary job is to match sellers and buyers, and a broker is a third-party intermediary between buyers and sellers.An example would be a real estate agent or brokerage agency facilitating the sale of real estate. Brokers can provide market research and market data. If you need a home loan, a quality broker will find you the best loan, usually from over 30 lenders. A banker can offer a variety of products for his bank, but nothing else.To learn more about broker from the given link :
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c. what might account for the trend for currency in circulation as a percentage of m1? citizens are increasingly holding cash over time. the trend may result from higher use of digital payments due to new technology and shopping patterns. there is no explanation for the trend.
The demand from the global market has led to a growth in the amount of US currency in circulation throughout time. The Treasury Department states that rather than being domestically produced, more than half of the currency in use in the United States is produced abroad.
What is currency in circulation?The value of money or cash that has ever been issued by a country's monetary authority less the amount that has been taken out is known as the currency in circulation in monetary economics.
Due to the fact that it is the money that is used to purchase goods and services across the whole economy of a nation, currency that is in circulation is also known as currency in hand. Due to the fact that physical currency is one of the most liquid asset types, monetary authorities of central banks pay attention to the amount in circulation.
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Each of the following scenarios will result in either a shift in the supply curve for labor or a change in the quantity supplied of labor. For each scenario, please indicate whether the change will affect supply or quantity supplied, and in which direction the change will occur.
For each of the following scenarios:
a) Because the resorts provide highly customized services and need a large staff to meet consumer demands, the situation indicates that the necessity for resorts to hire more laborers.
Changes: The quantity of labor offered.
Move in the right direction.
b) As evidenced by the fact that additional work visas are being granted, and that supply will change owing to variables other than wages and the supply curve.
Labor supply curve changes.
Move in the right direction.
c) Due to the increased demand for chicken due to the diet's popularity, more chicken processing plants are being built nationwide, increasing labor demand.
Changes: The quantity of labor offered.
Move in the right direction.
d) The Broadway production company must reduce staff due to low ticket sales, which lowers wages.
Changes: The quantity of labor offered.
Move to the left in this direction.
Note that the full question is:
Each of the following scenarios will result in either a shift in the supply curve for labor or a change in the quantity supplied of labor. For each scenario, please indicate whether the change will affect supply or quantity supplied, and in which direction the change will occur.
a. Hot springs are discovered outside of Golden, Colorado, resulting in the construction of several new ski resorts. The resorts offer man personalized services and require a large staff to accommodate customer needs.
What changes:
Which direction:
b. The Federal government decides to adopt a new visa policy for guest workers seeking to immigrate to the United States in order to find jobs. As a result, 30% more work visas are given out than had previously been granted. The change is expected to be permanent.
What changes:
Which direction:
c. A new diet is popularized by a health expert, Richardo Simmonetz, that requires people to eat only fried chicken for six weeks. The popularity of the diet results in more chicken plants being built nationwide to handle the increased demand for chicken.
What changes:
Which direction:
d. Due to low ticket sales, the Broadway production of the musical 'Mister Saigon' decides to have its main actors double up on roles, train them on stagecraft, and have them sell concessions during the intermission, instead of having individual workers for each of these roles.
What changes:
Which direction:
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a buyer defaults on the purchase of an $800,000 single dwelling residential property after paying a $160,000 deposit. what is the maximum amount of liquidated damages that may be awarded to the seller?
The maximum amount of liquidated damages that may be awarded to the seller in the event that a real estate buyer backed out from the deal is $24,000
Liquidated damages in real estate is defined as a payment that is awarded to the seller for the costs incurred to the seller while in the process of selling the property to the buyer in the event that the deal falls through in certain circumstances. Liquidated damages provides the seller with some sort of compensation for the costs associated with selling their real estate. Liquidated damages may vary from one contract to another and the laws may vary from States to States, but under the law in the State of California, the liquidated damages for real estate capped at 3% of the purchase price for most properties.
Given that the real estate purchase price is $800,000, the maximum liquidated damages which may be awarded is as follows:
3/100×$800,000=$24,000
Therefore the maximum liquidated damages is $24,000
But since the buyer who defaulted from the real estate purchase has paid $160,000 deposit on the property, therefore the seller will need to return the deposit minus the liquidated damages with the following calculation:
$160,000-$24,000=$136,000
The buyer will have to be refunded $136,000 out of his/her deposit.
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