Answer:
The correct answer is option A.
Explanation:
The demand for labor is said to be a derived demand as it is derived from the demand for products being produced using labor. It depends on the marginal productivity of labor and marginal revenue product of labor.
In other words, we can say that the demand for labor depends on the increase in the output produced due to hiring an additional unit of labor and the revenue earned from the sale of that additional output.
The demand curve of a firm is also called its marginal revenue product of labor curve. The marginal revenue product of labor is equal to the marginal product of labor times output price.
Answer:
False, it is not true that France had the highest level of real GDP per capita in 2019. There were other economies which performed better than France.
The correct option is Privatization of previously nationalized industries because Privatization of nationalized bank contributed to UK's growth.
Explanation:
Answer:
Sheridan Company journal entries:
June 10
- Dr Merchandise inventory 7,700
- Cr Accounts payable 7,700
June 11
- Dr Merchandise inventory 430
- Cr Cash 430
June 12
- Dr Accounts payable 800
- Cr Merchandise inventory 800
June 19
- Dr Accounts payable 6,900
- Cr Cash 6,693
- Cr Merchandise inventory 207
Answer:
Fractional Reserves
Explanation:
Banks are required to hold money to lend out. If you deposit $100 into your account that is $100 for the bank to lend that money out to ones who need it.
Answer:
The powers of stockholders are to be given discounts on the company's products.