What are the short-run economic effects when u. s. firms substitute labor outside of the u. s. for labor inside the u. s.?

a. the demand curve for labor in the u. s. increases, and the demand curve in the foreign country will increase.

b. the demand curve for labor in the u. s. decreases, and the demand curve in the foreign country will increase.

c. the demand curve for labor in the u. s. decreases, and the demand curve in the foreign country will decrease.

d. the demand curve for labor in the u. s. increases, and the demand curve in the foreign country will decrease?

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:

Which term best describes the statement given below? if p = q and q = r, then p = r