Princeton company acquired 75 percent of the common stock of sheffield corporation on december 31, 20x9. on the date of acquisition, princeton held land with a book value of $150,000 and a fair value of $300,000; sheffield held land with a book value of $500,000 and fair value of $500,000. at what amount would land be reported in a consolidated balance sheet prepared immediately after the combination?

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.