University Car Wash built a deluxe car wash across the street from campus. The new machines cost 240,000 including installation. The company estimates that the equipment will have a residual value of 30,000. University Car Wash also estimates it will use the machine for six years or about 12,000 total hours.

Required:

Prepare a depreciation schedule for six years using the following methods:

1. Straight Line
2. Double-Declining-Balance
3. Activity-Based

Actual use per year was as follows:

Year Hours Used

1 2,600
2 2,100
3 2,200
4 1,800
5 1,600
6 1,700

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.