subject
Business, 04.05.2020 22:44 risaroo070618

1) Using the information from the table, answer the questions
, answer the questions given below.
Wage rate
Nu per day
Nu per day
Quantity
of labour
demanded
of labour
Quantity
of labour
supplied
of labour
Market situa-
tion
Market situa-
Effect on
wage rate
Effect on
100
Excess demand
110
Excess demand
120
500
500
Equilibrium
130
Excess supply
140
a) Complete the table given above.
b) Define equilibrium wage rate in your own words.
c) Calculate the size of excess demand when the wage rate is Nu 100.
ii. With the help of a diagram, discuss and write what will
happen to the equilibrium
wage rate for a textile firm, if the demand for weavers increases.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:00
Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.
Answers: 3
question
Business, 22.06.2019 02:00
Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?
Answers: 1
question
Business, 22.06.2019 05:20
142"what is the value of n? soefon11402bebe99918+19: 00esseeshop60-990 0esle
Answers: 1
question
Business, 22.06.2019 16:00
Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?
Answers: 3
You know the right answer?
1) Using the information from the table, answer the questions
, answer the questions given belo...
Questions
question
Mathematics, 23.10.2020 21:40
question
Mathematics, 23.10.2020 21:40
question
History, 23.10.2020 21:40
question
Social Studies, 23.10.2020 21:40
question
Mathematics, 23.10.2020 21:40
question
Mathematics, 23.10.2020 21:40
question
Mathematics, 23.10.2020 21:40
question
Mathematics, 23.10.2020 21:40
Questions on the website: 13722367