Author Question: An increased demand for the services of tax accountants A) may raise their fees but cannot affect ... (Read 30 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
An increased demand for the services of tax accountants
 
  A) may raise their fees but cannot affect their costs.
  B) may raise their fees by making it more costly for them to provide services to any client.
  C) will lead to fewer people using the services of tax accountants because higher prices mean a smaller quantity demanded.
  D) will lower their fees in the long run by producing more tax accountants.

Question 2

Refer to the table above. If the market supply of labor per week when the wage rate is 100 is 125 hours, labor supplied by Jim per month at the wage rate is:
 
  A) 12 hours.
  B) 30 hours.
  C) 50 hours.
  D) 75 hours.



katara

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

For a complete list of videos, visit our video library