Irmelas Enterprises Owns Some Equipment with an Original Cost of $84,700

question 86

Multiple Choice

Irmelas Enterprises owns some equipment with an original cost of $84,700 and accumulated depreciation of $41,650.If the equipment is sold for $9,500 in cash plus a 9-month $30,000 note receivable with a stated 12% interest rate,the gain or loss recognized on the sale would be:

• A)$3,550 loss
• B)$3,550 gain
• C)$2,150 loss
• D)$2,150 gain

Comprehend the impact of technological changes on the demand for inputs.

Grasp the relationship between the production/use of capital and labor productivity, along with its effects on wages.

Understand the conditions for profit maximization in terms of resource allocation.

Recognize how shifts in factor demand result from changes in various economic conditions.

---

Definitions:

Motivational Research

A branch of social science research focused on understanding and explaining the reasons behind consumer behavior and decision-making processes.

Freudian Theory

A set of psychoanalytic theories and therapeutic techniques related to the study of the unconscious mind, developed by Sigmund Freud.

Freudian Concept

A theory or idea developed by Sigmund Freud that relates to the psychoanalytic study of the human psyche, including the id, ego, and superego.

Id

In Freudian psychoanalysis, a part of the mind that is the source of instinctual impulses and demands for immediate satisfaction of primitive needs.