Larry bar opened a frame shop and completed these transactions:
1. larry started the shop by investing $40,000 cash and equipment valued at $18,000.
2. purchased $70 of office supplies on credit.
3. paid $1,200 cash for the receptionist's salary.
4. sold a custom frame service and collected a $1,500 cash on the sale.
5. completed framing services and billed the client $200.
what was the balance of the cash account after these transactions were posted?

Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.