If the wage is kept above the equilibrium wage for any reason, the result is:.
Answers
If the wage is kept above the equilibrium wage for any reason, the result is a surplus of labour. The equilibrium wage is the wage rate that is established in a competitive labour market when the quantity of labour provided equals the quantity of labour demanded.
This price is determined by the intersection of the demand and supply curves for labour. When a labour market is in equilibrium, the number of job openings and the number of workers searching for employment are in balance. There are no incentives for wages to go up or down because there is no surplus or shortage of workers. When the wage rate is above the equilibrium, it creates a surplus of labour. Employers are willing to employ a lesser number of workers than the number of people seeking employment.
As a result, there are many people seeking employment but fewer job openings. Surplus workers are put in a situation where they must compete for a limited number of employment opportunities. In order to increase their chances of landing a job, they will often offer to work for less than the equilibrium wage. In order to restore balance to the labour market, employers must either decrease the wage rate or raise the number of jobs available.
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Related Questions
Select all that apply.
Common skills assessments administered during the employment interview process include:
none of the above
science
keyboarding
math
Answers
Answer:
Keyboarding and Math :)
Explanation:
Ted's property is in foreclosure, but he has some equity in his property. An investor suggests that she and Ted enter into a sales contract for a substantially higher price than the investor would actually pay. The investor pockets the cash and allows the house to be foreclosed on. What sort of scheme is this
Answers
Based on the given information the sort of scheme is: Equity skimming.
What is Equity skimming?Equity skimming can be defined as the way in which an investor defraud or steal a person property equity because the property is in foreclosure.
Since the investor pockets the cash he received from Ted and allow the house to be foreclosed the investor is engaging in what is called equity skimming which is fraudulent acts.
Inconclusion the sort of scheme is: Equity skimming.
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Which element of the marketing communications mix does OXO most heavily utilize? a) Direct marketing b) Personal selling c) Public relations d) Sales promotionc
Answers
Option (c) Public relations is the correct answer. OXO most heavily utilizes public relations from the marketing communications mix.
Public Relations (PR) is a component of the marketing communication mix that is critical for OXO. OXO focuses heavily on public relations in order to maintain a favorable public image of the organization, attract customers, and improve consumer perceptions of the brand.
OXO primarily utilizes public relations to increase brand awareness and foster favorable customer perceptions. Through public relations, OXO aims to build brand trust and authority while also keeping consumers informed of new items, updates, and promotional campaigns.
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G assume the following production function n y 1 100 100 2 130 3 146 4 152 6 assuming that the product sells at the market price $1. 0. How many workers will the firm hire if the market wage is $16. 00?
Answers
The firm will hire two workers if the market wage is $16. 00.
To determine how numerous workers the establishment will hire, we need to calculate the borderline product of labor( MPL) and the value of the borderline product( VMP) at each position of labor.
MPL is the fresh affair produced by adding one further unit of labor, while VMP is the value of that fresh affair at the request price. We can calculate MPL as the difference between the affair produced with n workers and the affair produced with n- 1 workers. VMP is equal to MPL times the request price.
As we can see from the table, MPL decreases as further workers are hired. This is due to the law of dwindling borderline returns, which states that as further units of a variable input( similar as labor) are added to a fixed input( similar as capital), the borderline product of that variable input will ultimately drop.
To determine how numerous workers the establishment will hire at a request pay envelope of$16.00, we need to compare the pay envelope cost of each fresh worker to the VMP of thatworker.However, the establishment will hire another worker, If the VMP is lesser than the pay envelopecost is $6.00, which is lower than the pay envelope cost of$16.00. thus, the establishment won't hire a fourth worker.
Thus, the establishment will hire two workers at a request pay envelope of$16.00.
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say hi and i give u 94 ranking points
Answers
hi rtgijriomcfrcrecgtrcgetrgretrtrct
Answer:
hi
Explanation:
Galvin grew up on a farm. He worked on his father’s farm and then inherited the business when his dad retired. For which career pathway(s) would Galvin be most qualified?
A. Galvin is most qualified to work for a natural resource system.
B. Galvin is most qualified to work for a conservation science.
C. Galvin is most qualified to work for plant systems and animal systems.
D. Galvin is most qualified to work in agribusiness and power, structural, and technical systems.
Answers
C. Galvin is most qualified to work for plant systems and animal systems.
I hope this helps
Answer:
C. Galvin is most qualified to work for plant systems and animal systems.
Explanation:
Which type of document typically includes contract contingencies?
Purchase and sale agreement.
O Assignment of contract.
Appraisal.
O Option contract.
Answers
Answer:
A.
Explanation:
Question 1 of 10
Which statement best illustrates an example of economic specialization?
A. An artist becomes an expert at designing websites for
restaurants,
B. An employee leaves a large corporation to start her own business.
C. A business owner only hires employees with a wide variety of
skills.
D. A country decides to stop importing goods from foreign
companies.
SUBME
Answers
Answer: the answer is a
Explanation:
Answer:
A country focuses on growing a specific type of crop for export instead of a wide variety of crops
Explanation: If you are on APEX it is right on the test 1.3.2
write on perfect competition
Answers
which of the following is a required training topic for occupationally exposed workers?
Answers
Required training topic for occupationally exposed workers are modes of bloodborne pathogen transmission, epidemiology and symptoms of bloodborne diseases, and use and limitations of practices that will prevent exposure. Therefore, the correct option is D) all of the above.
All of these topics are required for training of occupationally exposed workers to ensure their safety and prevent exposure to bloodborne pathogens. Modes of transmission help workers understand how bloodborne diseases can be spread, while knowledge of epidemiology and symptoms of such diseases can help in early detection and treatment. Additionally, understanding the use and limitations of practices that prevent exposure is crucial for preventing transmission and ensuring workplace safety.
Hence, this comprehensive training ensures that workers can protect themselves and others in the workplace, reducing the risk of infections and promoting overall health and safety. Hence, the correct answer is option D.
Note: The question is incomplete. The complete question probably is: which of the following is a required training topic for occupationally exposed workers? A) modes of bloodborne pathogen transmission B) epidemiology and symptoms of bloodborne diseases C) use and limitations of practices that will prevent exposure D) all of the above.
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What documents will you include in your portfolio?
How will creating a portfolio benefit you with future employment?
Answers
Answer:
./Table of Contents
./Career and professional development goals, tailored for each ./interviewer
./Work philosophy statement; personal mission statement
./List of areas of expertise
./Works in progress (activities and projects)
./Samples of your best work from academic, employment, and internship settings
./Resume, references, transcripts, letters of recommendation
./Evaluations from work/volunteer experiences, agendas of meetings you conducted
./Certificates, diplomas, licenses, awards, letters of appreciation you received
./Records of community service/volunteer work
./Professional memberships and service activities
./Work reports or excerpts from term papers
./Grants or proposals you wrote
./Newspaper clippings featuring you, media clips of your work, promotional materials you designed
./Photographs of you in a professional setting
./Printouts/links to websites, web pages, or blogs you created
./Certificates of attendance from seminars or workshops
./Documentation of leadership experience
this will help you greatly in the future when it comes to people looking to higher you as it shows your skills/weaknesses
Explanation:
brainliest pls
Which of the following product groups is a leading export of the United States? Multiple Choice a. home appliances b. toys c. airplanes d. metals
Answers
Metals are product group is a leading export of the United States.
Metals are materials that, when freshly worked, polished, or crushed, have a lustrous appearance and are relatively good conductors of electricity and heat. Metals are typically ductile and malleable. These properties are the result of metallic bonds between the atoms or molecules of the metal.
Metals are solid materials that conduct heat and electricity and are hard, lustrous, malleable, fusible, and ductile. Metals are substances that tend to donate electrons. They are positive in nature.
Metals are elements that are lustrous crystalline solids with high melting and boiling points. Metals are good conductors of heat and electricity. For example, iron, copper, nickel, silver, tin, etc. are metals used in our daily life.
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Why do unexpected increases in inventory usually precede decreases in production?
Answers
Unexpected inventory increases are often an indication that a business is generating more goods than it can sell.
When a company's product demand is lower than anticipated, the goods start to build up as inventory, tying up money that could be utilised for other things. The requirement for additional storage space, higher insurance costs, and the potential necessity to write off unsold inventory as a loss are all financial consequences of having a high inventory level for the business.
Companies frequently respond to excessive inventory levels by lowering production in order to prevent these problems. They can stop more inventory from building up, get their inventory levels back in line with demand, and stop extra inventory from locking up money by reducing production.
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which word best describes the writing process in business writing ?
Answers
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
Which aspect of writing business reports relates to the component of credibility known as competence?.
Answers
Providing facts that help decision makers' aspect of writing business reports relates to the component of credibility known as competence.
Competence is the capacity to perform an action successfully. You have the ability to complete a task or job successfully. The knowledge and abilities required to solve a quadratic equation are examples of competence. Alternately, it could include the considerably more extensive and varied sets of talents required to run a multinational organization.
The objective and subjective aspects of a source's or message's plausibility are included in credibility. The concept of "Ethos" is concerned with the speaker's persona.
Trustworthiness and expertise, which both have objective and subjective components, are the two main components of credibility. Although established reliability is an objective criterion, trustworthiness is primarily based on subjective criteria.
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All of the following are principles of scrum development except _______.
O working closely with the customers
O testing the project once during development
O welcoming a change in requirements
O designing as you go
O frequently delivering a working version of the product
Answers
All of the aforementioned are principles of scrum development except: B. testing the project once during development.
What are the software development models?In Computer technology, some examples of the models and methodologies that are typically used in the software development life cycle (SDLC) include the following;
Spiral modelBig bang model.V-shaped model.Waterfall modelIncremental modelAgile model.What is Agile software development?In Agile software development, the software development team are generally more focused on the production of functional and active software programs with less effort on documentation, while ensuring that adjustments can be made when necessary.
Additionally, scrum development is an Agile software development methodology that is typically used for developing software based on an iterative, continuous testing, and incremental processes, which makes it adaptable and fast.
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Major League Baseball teams are similar to other firms in that they use factors of production to produce a product (baseball games). An example of capital used by teams to produce their products is
Answers
Major League Baseball teams are indeed similar to other firms in that they use factors of production to produce a product. In this case, the product is baseball games. Just like any other firm, they require various types of capital to produce their product.
One of the main types of capital that baseball teams use is stadium infrastructure. This infrastructure includes things like seating, concession stands, and scoreboards. Additionally, teams require equipment such as baseballs, bats, and gloves for their players to use during games. Teams also need to invest in marketing and advertising to promote their brand and increase ticket sales. Finally, teams require human capital in the form of skilled athletes and coaches to compete at the highest level. Overall, just like any other firm, Major League Baseball teams require a mix of physical, human, and financial capital to produce their product - baseball games.
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For the question below, write an explanation of the short-run effect (including the determinant of AD or AS that is causing the shift, the line that shifts (AD or AS), the direction of the shift (left or right), and the impact on output and price level (increase or decrease) and submit a properly drawn and labeled aggregate demand and aggregate supply graph for the scenario. Make sure your name and assignment number are written on each page of graphs you submit. All text must be written in the text box provided.
Congress passes a sweeping health care reform bill that provides free medical insurance for all Americans. Once the President signs it into law, the government will provide every American with a policy that will pay up to 80% of every medical bill a patient incurs. This change does not impact consumer income.
Answers
Explanation:
The passage of the health care reform bill would shift the aggregate demand (AD) curve to the right in the short run. This is because with the new policy, people would be able to afford more health care services, leading to an increase in the quantity of goods and services demanded at every price level. This would result in an increase in both output and the price level in the short run.
On the other hand, the aggregate supply (AS) curve would remain unchanged since the bill does not affect the costs of production or the available inputs.
Overall, the short-run impact of the health care reform bill would be an increase in output and a higher price level.
what kind of technology refers as local technology or indigenous technology ?
Answers
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Explanation:
Colorado Corporation was organized at the beginning of the year, with the investment of $250,000 in cash by its stockholders. The company immediately purchased an office building for $300,000, paying $210,000 in cash and signing a three-year promissory note for the balance. Colorado signed a five-year, $60,000 promissory note at a local bank during the year and received cash in the same amount. During its first year, Colorado collected $93,970 from its customers. It paid $65,600 for inventory, $20,400 in salaries and wages, and another $3,100 in taxes. Colorado paid $5,600 in cash dividends.
Required:
1. Prepare a statement of cash flows for the year.
2. What does this statement tell you that an income statement does not?
Answers
Based on the given figures for Colorado Corporation, the statement of cash flows for the year would be:
Cash flow for Operating Activities
Cash from customers 93,970
Less:
Cash for inventory 65,600
Salaries and Wages 20,400
Taxes 3,100 ( 89,100)
Net Cash from Operating Activities 4,870
Cash flow from Investing Activities
Purchase of office building (210,000)
Net cash used for Investing Activities (210,000)
Cash flow from Financing Activities
Issuance of Common stock 250,000
Note Payable 60,000
Dividend payment (5,600)
Net cash from Financing Activities 304,400
Net increase in cash 99,270
Opening cash balance 0
Closing cash balance 99,270
What does the statement of cash flows show?It shows transactions that involve actual cash being spent or gained by the company.
This allows Colorado Corporation to know the actual amount of cash it has for operations.
An Income statement on the other hand, shows the transactions that a business gets involved in regardless of whether they involve actual cash or not. This means that it cannot show the actual amount of cash that a business has.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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What is a sales forecast?
A. A prediction of what other businesses will make similar products
B. A prediction of how many customers a business will have visit its
store
C. A prediction as to the volume of sales that a business expects to
make in the upcoming future
Answers
A sales forecast is A prediction as to the volume of sales that a business expects to make in the upcoming future. Thus the correct option is C.
What is the objective of the sales Forecast?A sales forecast is a projection of the engagements that will go through the selling process and is a statement of anticipated sales revenue that expresses how much your organization anticipates selling within a specific time frame.
Making well-informed choices about the management of the firm, including decisions about staffing and inventory, new product lines, and prospective marketing initiatives, is aided by sales predictions.
By the use of sales forecasting, firms can more correctly predict their expenses and revenue. Time and money wasted on unsuitable candidates or customers must be reduced for better prospecting.
Therefore, option C is appropriate.
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enter mia profit/loss for the 2 month
Answers
EPA is part of how to avoid this type of risk?
compliance
operational
strategic
financial
Answers
Answer:
A.compliance
Explanation:
Chapter 3-22 Recording adopted budget (L03-5) The town of willingdon adopted the following general fund budget for the fiscal year beginning July 1
Prepare journal entries to record the adopted budget
Answers
Journal entries are a way to record financial transactions in accounting. Each journal entry consists of at least two parts: a debit and a credit. The debit and credit amounts must always be equal, which is known as the accounting equation of Assets = Liabilities + Equity.
The general journal entries to record the adopted budget at the beginning of the fiscal year would be:
Debit: Estimated Revenues - Taxes $14,900,000
Debit: Estimated Revenues - Intergovernmental Revenues $600,000
Debit: Estimated Revenues - Charges for Services $810,500
Debit: Estimated Revenues - Fines and Forfeits $150,000
Debit: Estimated Revenues - Miscellaneous Revenues $98,200
Credit: Appropriations - General Government $5,400,000
Credit: Appropriations - Public Safety $8,550,000
Credit: Appropriations - Public Works $1,540,000
Credit: Appropriations - Culture and Recreation $960,000
Credit: Appropriations - Miscellaneous $80,000
a-2. The entries in the subsidiary ledger accounts would be:
Subsidiary Ledger - Estimated Revenues:
Taxes: Debit $14,900,000
Intergovernmental Revenues: Debit $600,000
Charges for Services: Debit $810,500
Fines and Forfeits: Debit $150,000
Miscellaneous Revenues: Debit $98,200
Subsidiary Ledger - Appropriations:
General Government: Credit $5,400,000
Public Safety: Credit $8,550,000
Public Works: Credit $1,540,000
Culture and Recreation: Credit $960,000
Miscellaneous: Credit $80,000
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Full Question: During July, the first month f the fiscal year, the Town of Willingdon issued the following purchase orders and contracts.
General Government $800,000
Public Safety $400,000
Public works $75,000
Health and welfare $65,000
Miscellaneous $25,000
Total PO and contracts $1,365,000
Prepare the general journal entry to record the issuance of the POs and contracts.
Then show the entries in subsidiary ledger accounts.
A code of ethics adopted by a company will most likely include all of the following EXCEPT
Answers
What type of account is used regularly and handles day-to-day
transactions?
A Line of credit
B Money market
C Checking
D Savings
Answers
You use a checking account for day to day transactions. Debit card, checks and deposits are typical transactions for a checking account.
7. The idea that business demand comes from a demand for consumer goods is referred to as
Answers
what is a form in computer?
Answers
In a database context, a form is a window or screen that contains numerous fields, or spaces to enter data. Each field holds a field label so that any user who views the form gets an idea of its contents. A form is more user friendly than generating queries to create tables and insert data into fields.
On average, a person with a bachelor's degree earns
than a person
with an associate degree and
than a person with a master's
degree.
Answers
Answer:
More than a person with an associate degree and less than a person with a masters degree.
Explanation: