Business, 01.10.2019 03:20 bookerman123

D. suppose that international trade causes the price of cloth to rise 50% (to 1.5), while the price of food remains constant. what is the new equilibrium wage rate in dollar terms (w)? how much labor is hired by the food industry and how much by the cloth industry? e. what has happened to the purchasing power of the wage in terms of cloth (i. e what has happened to w/pc)? what has happened to the purchasing power of the wage in terms of food (i. e what has happened to w/pf)? f. what is the amount of income to landowners now, both in dollar terms, and in the amount of cloth and food it can buy (income/pc and income/pf)? g. what has happened to the income to capital owners, both in dollar terms, and in the amount of cloth and food it can buy?

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 16:30

Kevin comes across people from various cultures in his job.kevin should deal with people from other cultures with blank . he should communicate by actively

Answers: 3

Answer

Business, 22.06.2019 13:20

Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?

Answers: 2

Answer

Business, 22.06.2019 17:10

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)

Answers: 3

Answer

Business, 22.06.2019 18:00

Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?

Answers: 3

Answer

You know the right answer?

D. suppose that international trade causes the price of cloth to rise 50% (to 1.5), while the price...

Questions