During its most recent fiscal year, Raphael Enterprises sold 220,000 electric screwdrivers at a price of $15.60 each. Fixed costs amounted to $484,000 and pretax income was $704,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.