A company purchased a machine for $40,000. It has an estimated useful life of 25,000 product units and a scrap value of $100 at the end of its useful life. The machine produced 2,000 units during the first year and 3,500 units during the second year. Use the product units method to find the total depreciation charges for the first two years.

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.