The year 1 cash flow for the proposed project is $16,000. The correct answer is option C, $16,000. This cash flow represents the net cash generated by the project after accounting for incremental revenues, incremental operating costs, and incremental depreciation, considering the marginal tax rate.
The incremental revenues of $50,000 are reduced by the incremental operating costs of $30,000 and the incremental depreciation of $10,000. The resulting amount is then multiplied by (1 - marginal tax rate) to account for taxes.
The year 1 cash flow is determined by subtracting the incremental operating costs and the incremental depreciation from the incremental revenues. In this case, $50,000 - $30,000 - $10,000 equals $10,000. However, this amount is pre-tax, so we need to consider the effect of taxes. The marginal tax rate of 40% is applied to the pre-tax cash flow of $10,000, resulting in a tax payment of $4,000 ($10,000 * 0.40). To calculate the year 1 cash flow after taxes, we subtract the tax payment from the pre-tax cash flow: $10,000 - $4,000 = $6,000.
However, we also need to consider the tax shield created by the incremental depreciation. The tax shield is equal to the incremental depreciation multiplied by the marginal tax rate: $10,000 * 0.40 = $4,000. Thus, the year 1 cash flow after taxes is $6,000 + $4,000 = $10,000. However, since the question asks for the cash flow for capital budgeting purposes, we need to add back the tax shield of $4,000, resulting in a year 1 cash flow of $10,000 + $4,000 = $16,000.
Learn more about marginal tax rate here:
https://brainly.com/question/30404864
#SPJ11
In the case where a broker was found guilty of license law violations and the Recovery Fund was required to pay a judgment of $8,000 from the fund, what could the FREC do to the broker
When a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, the FREC must revoke the broker's license for being found guilty.
The Florida Real Estate Commission (FREC) is what, exactly?The Florida Real Estate Commission (FREC) was established to supervise and instruct real estate licensees. The governor appoints and the Senate confirms the seven members of the commission.
Its breakdown is as follows:
Real estate brokers who have been actively licensed for five years prior to joining the commission are required to make up four of the FREC members.One member must be a licensed broker or sales associate who has held an active license for the two years prior to appointment.Two of the members must be individuals who are not now and have never been brokers or sales representatives.Members of the FREC are appointed to four-year terms, and at least one member must be 60 or older.Learn more about the Florida Real Estate Commission (FREC) with the help of the given link:
brainly.com/question/14316863
#SPJ4
Norma Rose is buying shares in a mutual fund that invests in foreign stocks sold in securities markets throughout the world, excluding the United States. What type of mutual fund is she buying
Norma Rose is buying shares in a mutual fund that invests in foreign stocks sold in securities markets throughout the world, excluding the United States. The mutual fund is buying are "International fund".
What are International funds?A mutual fund that can invest in businesses anywhere in the globe, not just in the nation where its investors live, is known as an international fund.
Some characteristics of the international funds are-
Global funds, which can invest in businesses from any country in the world, are different from international funds. Foreign funds and international funds are two synonyms for each other.Geographic portfolio diversification is the main advantage of investing in foreign mutual funds. Foreign market investing aids in the recovery from the current local market crisis. Global markets have a larger likelihood of long-term growth.Emerging markets, new economies, or speciality growth industries in international markets, like diamonds and tourism, are a few examples. Due to the booming emerging markets and as a hedge against the decline in the value of the dollar, international funds have fared well over the past 20 years.Thus, International funds invest in non-U.S. markets, while global funds can hold both U.S. and non-U.S. companies in their portfolios.
To know more about mutual funds, here
https://brainly.com/question/4521829
#SPJ4
In 1909, the fda seized some coca-cola syrup and filed charges against the company partly because:_______
In 1909, the FDA seized some coca- cola syrup and filed charges against the company partly because the syrup contained caffeine.
In the evening of Oct. 20, 1909, U.S. government agents had set up a stakeout at the Tennessee state line. They were waiting there and watching for a truck that was coming from the Coca-Cola plant in Atlanta. That truck was on its way to the bottling plant in Cha ttanooga. When the truck arrived agents intercepted the truck and seized its cargo which contained 40 barrels and 20 kegs of Coca-Cola syrup.
The seizure was made under Pure Food and Drug Act which was passed recently . After this the government charged the company with crime of marketing and selling a beverage which was injurious to health of people because it contained a harmful ingredient named as caffeine.
To know more about coca cola here:
https://brainly.com/question/14602871
#SPJ4
Compare and contrast the differences between liberal ideology, conservative ideology and libertarian ideology in regards to governmental regulation of the marketplace.
Conservative ideology Conservatives used to believe that government should always be small, operating generally at the local or state level. They favor the minimal government interference in the economy . They only prefer private sector-based solutions to problems.
Liberal ideology: Liberals used to believe that government should always intervene in the economy and provide a huge range of social services to ensure equality and well being across the society. Liberals generally believe that the government should not regulate private or social behaviors.
Libertarian ideology: Libertarian intentions of the founders are that they favor only the limited government intervention in personal, social, and economic issues.
To know more about conservative ideology here:
https://brainly.com/question/7719349
#SPJ4
Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, why might this be so
Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, this might be so because low-income individuals are more prone than high-income individuals to purchase alcohol, tobacco, and gasoline.
What are Excise taxes?Any duty on produced items that are assessed at the time of manufacture rather than the time of sale is known as an excise or excise tax. Excises and customs duties are frequently used interchangeably, although customs taxes are imposed on already-existing products when they cross a defined border in one direction, whereas excise is imposed on goods that were created inland.State sales taxes and excise taxes on alcohol and cigarettes are frequently criticized for being regressive. Despite the fact that everyone pays the same rate regardless of income, this may be the case because people with low incomes are more likely than those with higher incomes to buy alcohol, cigarettes, and fuel.To learn more about Excise taxes refer to:
https://brainly.com/question/22358769
#SPJ4
A buyer particularly liked the ornate brass lighting fixtures in a seller's house and immediately made an offer, which the seller accepted. On moving day, the buyer discovered that the seller had replaced all the ornate brass lighting fixtures with plain chrome ones. Which of these is MOST likely a correct assumption
Buyer: "Lighting fixtures are normally considered to be real property." is most likely a correct assumption.
A lamp is a part of a light fixture that is attached to a wall or ceiling in which light bulbs and other lighting elements are placed and cannot be easily removed.
Aluminum: A versatile metal, aluminum is one of the most commonly used materials for stamped light fixtures. It's fairly stretchy, easy to handle, and a reliable, easy-to-use option for any die-cut product. Inspect the
lamp for manufacturer's inscriptions, initials, or trademarks. Examine the metal frame that supports the lamp, the base of the lamp, and the arms that connect to the ball. Most of the markings are company names or signatures incorporated into the original casting.
Learn more about light bulb here: https://brainly.com/question/6463555
#SPJ1
The selection of a proper site for a business facility is important in the production and operations management processes. Assume you are choosing a site for a small business you are starting (make sure to state the nature of your business), identify and discuss the three most important factors that influence the selection of your site.
The three most important factors that influence the selection of your site are;
Access to the necessary infrastructure.
2. The distance from your location to the closest port or train station.
3. The accessibility of the necessary Resources.
This is further explained below.
What is the business site?Generally, Websites and mobile apps owned, managed, or administered by or on behalf of the Company are referred to as "Business Sites" herein.
In conclusion, Access to the essential infrastructure, cost, and aesthetics are the three most significant aspects to consider when choosing a location for your business.
2. The distance that separates your position from the nearest railway station or port of entry.
3. The ease with which the required Resources may be accessed
Read more about the business site
https://brainly.com/question/15318650
#SPJ1
In a small open economy, if the world real interest rate is above the rate at which national saving equals domestic investment, then there will be a trade ______ and ______ net capital outflow. a. surplus; negative b. deficit; positive c. surplus; positive d. deficit; negative
There will be a trade surplus and positive net capital outflow.
There will be a net capital outflow if the global interest rate is higher than the domestic interest rate. Exports will exceed imports, resulting in a trade surplus.
What are the characteristics of an open economy?Its economy is reliant since it depends on other nations for both imports and exports.International alterations have an impact on it.What is a trade surplus?There will be a net capital outflow if the global interest rate is higher than the domestic interest rate. export surplus A trade surplus is an economic indicator indicating a favorable trade balance where a nation's exports are more than its imports. When the outcome of the computation above is positive, there is a trade surplus. A trade surplus is the result of a net local money inflow from international markets. because exports will exceed imports.Learn more about trade surplus and trade deficit :
https://brainly.com/question/17717899?referrer=searchResults
#SPJ4
Soup Inc. has the following budgeted sales: January $60,000, February $80,000, and March $90,000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 75% are collected in the month of sale, and 25% the next month. The total budgeted cash receipts for March are:
Answer:
lociento esta en ingles
Explanation:
lociento
$561000
Given: $60,000 in January, $80,000 in February, and $90,000 in March. 60 percent of sales are made with credit, while 40 percent are made in cash. For credit sales, 75% of the money is collected in the month of the sale and 25% in the next month.
Cash receipts March:
Sales in cash March= (90,000*0.4)= 36000
Sales on account March= (90,000*0.6)*7.5= 405000
Sales on Account February= (80,000*0.6)*2.5= 120000
Total budgeted cash= $561000
The total budgeted cash receipts for March are $561000
Read more about budgeted cash receipts on- https://brainly.com/question/18849290
#SPJ4
You just started to work remotely. You asked your boss for a schedule of when you are remote versus required onsite, and you have been assigned a buddy to help you. This is an example of _____.
You just started to work remotely. You asked your boss for a schedule of when you are remote versus required onsite, and you have been assigned a buddy to help you. This is an example of onboarding.
Onboarding” refers to the process by which a new employee is integrated into an organization. This includes activities that help new hires complete the initial New Hire Orientation process, learning more about the organization and its structure, culture, vision, and mission.
Onboarding, also known as organizational socialization, is a management term that first appeared in the 1970s to refer to mechanisms for imparting knowledge to new hires. , skills, and behaviors required to become a competent member and insider of an organization. For example, in the US, up to 25% of employees are involved with newly trained organizations in the onboarding process.
Learn more about remotely here: https://brainly.com/question/14591988
#SPJ1
Does increasing average payment period decrease operating cycle
Yes , the increasing average payment period decreases the operating cycle
All small business owners know the importance of liquidity-have enough cash on hand to pay the bills. For this reason, business owners and managers monitor the cash conversion cycle. This shows how quickly companies are moving from paying inventory to receiving cash for sold inventory. An important factor in calculating a company's cash conversion cycle is the accounts payable period. The longer the period, the shorter the cycle.
The cash conversion cycle can be calculated using the data readily available on the company's balance sheet and income statement. It has three components. "Inventory days". On average, it indicates how long a product remains in stock before it is sold. "Accounts receivable days" or A / R days. This shows how long it takes a customer to pay an invoice. "Vendor date" or A / P date.
Learn more about Business here: https://brainly.com/question/24448358
#SPJ4
1) Write an SQL statement for the HAPPY INSURANCE database that adds the column ClientPhone to the table CLIENT.
An SQL statement for the HAPPY INSURANCE database that adds the column ClientPhone to the table CLIENT is:
ALTER TABLE dbo.CLIENT
ADD ClientPhone
What is SQL?This refers to the use of databases to perform computations such as UPDATE, ADD, ALTER TABLE, etc.
Hence, the use of Structured Query Language would help to add to a database and this would be done using the ALTER TABLES function as shown above.
Read more about SQL here:
https://brainly.com/question/25694408
#SPJ1
Uhc - jessica submitted to cancel event request form to cancel event she is scheduled to conduct three weeks from today the only advertising she has done is to post the flyer at the event venue select the cancellation procedure she does not need to follow
Be present at the venue at the time that the event was planned to begin, and continue to be present there for a period of thirty minutes after the event has started.
This is further explained below.
What is advertising?Generally, be present at the location at the time that the event was planned to begin, and continue to be there for an additional half an hour in case any customers show up.
In conclusion, Making something known to the public via a paid media outlet is what is meant by the concept of advertising. A business that specializes in creating and executing printed advertisements for other companies' goods is an example of advertising.
Read more about advertising
https://brainly.com/question/3163475
#SPJ1
The Hayden Corporation issues 1,000, 10-year, 8%, $2,000 bonds dated January 1 at 92. The journal entry to record the issuance will show a
The Hayden Corporation issues 1,000, 10-year, 8%, $2,000 bonds dated January 1 at 92. The journal entry to record the issuance will show a credit to Bonds Payable for $2,000,000.
Bonds payable are recorded whilst a corporation troubles bonds to generate cash. As a bond company, the corporation is a borrower. As such, the act of issuing the bond creates a legal responsibility. Thus, bonds payable appear on the liability facet of the company's balance sheet.
Bonds, in order to be maturing within twelve months of the balance sheet date, will be mentioned as a present-day liability but simplest if the issuer of the bonds has to use a modern asset or will create a contemporary legal responsibility as a good way to pay the bondholders when the bonds mature.
Bonds payable is a liability account that consists of the quantity owed to bondholders by using the company. This account generally appears within the lengthy-time period liabilities segment of the balance sheet, considering bonds usually mature in multiple 12 months.
Learn more about Bonds Payable here https://brainly.com/question/23776610
#SPJ4
In the _______________, the perfectly competitive firm will seek out _______________.
In the short run, the perfectly competitive firm will seek out the quantity of output where profits are highest.
What is the perfectly competitive market?This is the term that is used to refer to the market that has limited restrictions as compared to the monopolist firm.
The perfectly competitive firm is the firm that has many number of sellers and buyers of the same types of products in the market which are not differentiated. This type of market has perfect information. No single producer in the market has the power to raise the price of the goods and the services in the market to their favor.
At the end, the highest output is what they focus on based on profit gotten.
Read more on perfectly competitive market here: https://brainly.com/question/1488584
#SPJ1
To identify the best cost driver for a particular allocation consideration should be given to:_______
a) the strength of a cause and effect relationship
b) the availability of information
c) the capacity to control the allocation base
d) All of the choices Wentify factors that affect the selection of the allocation base
Answer:
c
Explanation:
Ensuring proper collection preservation and safeguarding of federal records is the responsibility of.
Ensuring proper collection preservation and safeguarding of federal records is the responsibility of All Air Force Personal.
What is Record Management Policy?All federal agencies are required under the Federal Records Act (44 U.S.C. 31) and related Code of Federal Regulations (CFRs) to keep records that detail their operations, file records for secure storage and quick retrieval, and dispose of records in accordance with agency schedules.A record keeping policy is a collection of guidelines for managing the creation, receipt, storage for historical purposes, and destruction of documents and other information within an organization.When it comes to safeguarding the rights and interests of the general public, holding public servants responsible for their acts, and recording the history of our country, federal records are crucial corporate assets.Employees of the government are responsible for maintaining and creating Federal records as part of their duties.There are numerous types of federal records, including but not restricted to:
recordings of audio and/or videodrawings for architecture, engineering, and other fieldselectronic messages, such as texts, emails, and instant messages, used in computer-aided designGeospatial data and maps, notes, and picturespresentationsreports with statistics and narratives about social media contentweb statisticsKnow more about Record Management Policy https://brainly.com/question/14693974
#SPJ4
Jerry is a senior manager for the Paper Street Soap Company. Because of his experience, he has been appointed to the board of Clean Inc., even though he doesn't work for this firm. He also serves on the boards of several other companies. Jerry is a(n)________ for Paper Street Soap Company and a(n) ________ for Clean Inc.
Jerry is a inside director for Paper Street Soap Company and a outside director for Clean Inc.
An inside director can be the company's top executives, such as the COO or CFO, current employees, officers, or direct stakeholders in the company. The outside directors can provide valuable and distinct perspectives, and he is a member of a company's board of directors.
However, because of his experience, Jerry has been appointed to the board of Clean Inc., even though he doesn't work for this firm. He also serves on the boards of several other companies.
Hence, Jerry is considered as inside director for Paper Street Soap Company and a an outside director for Clean Inc.
To learn more about inside director and outside director here:
https://brainly.com/question/14279294
#SPJ1
Which of the following components of the performance management cycle involves gaining an in-depth understanding of a team or an organization's goals, the role of the followers in the goal accomplishment, and the context in which the followers operate
Planning is the components of the performance management cycle involves gaining an in-depth understanding of a team or an organization's goals, the role of the followers in the goal accomplishment, and the context in which the followers operate.
What is business planning?This is the term that is used to ref rto all of the ways that is used to put up the overall functioning of a business.
This is the way of getting the roles that are to be played in the ways that they should be carried out and all of the ways that would be used to put the components of the business together.
Business planning is a very serious component of the business because it helps to ensure that the business would turn out to be successful.
Read more on planning here:
https://brainly.com/question/25453419
#SPJ1
Chandler is a licensed salesperson in a state that doesn’t have a reciprocal agreement with maryland. what must he do in order to qualify for licensure in maryland?
Chandler is a licensed salesperson in a state that doesn’t have a reciprocal agreement with Maryland
Chandler needs to complete the same licensure requirements as other Maryland salesperson candidates and submit an irrevocable consent form.
Under this the Commission has reciprocal agreements with Pennsylvania and Oklahoma. Individuals which are actively licensed in all other states can start the process only by providing a single certificate of full licensing history from the state where they were first licensed and are also currently licensed.
The Maryland Real Estate Commission has also entered into the reciprocal agreements with the well known Pennsylvania and Oklahoma at the present time.
Applicants from the different states that have been agreed to credit Maryland's requirements without imposing further education or experience.
To know more about Maryland here:
https://brainly.com/question/546157
#SPJ4
Which of the following is the basic difficulty of owning a minority interest in a closely held corporation? Group of answer choices Minority shareholders risk losing more than their investment amount. Stockholders with a minority interest have no rights in a closely held corporation. Buy and sell agreements to own a minority interest are not allowed in a closely held corporation. Minority shareholders have unlimited personal liability for the obligations of a closely held corporation. There is no ready market for the minority stock should a shareholder desire to dispose of it.
The basic difficulty of owning a minority interest in a closely held corporation is there is no ready market for the minority stock should a shareholder desire to dispose of it.
A stake in a business that is managed by a bigger parent corporation is known as a minority interest.
Minority stakes typically make up 20 to 30 percent of the company's stock, whereas majority stakes typically exceed 50 percent.
In addition to serving as a synonym for minority interest, the word "non-controlling interest" also refers to circumstances in which a controlling entity may not have majority ownership.
Minority stakes in parent businesses' subsidiaries are disclosed in the equity part of their consolidated balance sheet.
Minority interests do have some rights, such as audit rights, despite the fact that they cannot outvote the main business.
Hence, there is no ready market for the minority stock should a shareholder desire to dispose of it is the basic difficulty of owning a minority interest in a closely held corporation.
Learn more about stock market:
https://brainly.com/question/690070
#SPJ1
To become and remain more creative, marketing professionals should establish greater numbers of ______ in their thought-life.
To become and remain more creative, marketing professionals should establish greater numbers of intersections in their thought-life.
What do marketers do professionally?Marketing specialists define the methods and tactics applied to draw clients to a company. They assist a company to maximize earnings, increase market share, and set pricing based on supply and demand for the product. They also offer advice on developing new products and analyzing industry trends.
What abilities are required to work in marketing?
Professionals with experience in a range of marketing strategies and venues should be drawn to marketing job descriptions. They should be able to interpret the data that supports a specific marketing plan, have an eye for branding, and comprehend consumer behavior naturally.
Learn more about marketing specialists with the help of the given link:
brainly.com/question/22593084
#SPJ4
For the product, moose with calf, what was the total dollar sales amount for february 2016?
Answer:
H 0LA
Explanation:
C OMO ESTAS
A Look at the Fast-Food Industry by Eric Schlosser Written Response (Project): Group Discussion brainly
According to Eric Schlosser, there are several reasons why the Fast-Food industry has grown including:
Changing roles of women in society.Use of hormone stimulating ingredients. Why has the Fast-Food industry grow so rapidly?Eric Schlosser theorizes that as the cost of living rose from the 70s, women had to work in larger numbers in addition to their husbands.
This led to them having less time to cook and relying on fast-food which was readily available.
It was also theorized that fast-foods have ingredients that stimulate hunger hormones which make a person want to eat them even when they aren't actually hungry.
The full question is:
What is Schlosser’s explanation for the rise of the fast food industry in the latter twentieth century?
Find out more on the fast-food industry at https://brainly.com/question/27732956.
#SPJ1
Answer:
they were correct
Explanation:
Which step in the process of identifying a sustainable competitive advantage involves evaluating the competitiveness of unique resources and capabilities
Resource and Capability Analysis is the process of identifying a sustainable competitive advantage that involves evaluating the competitiveness of unique resources and capabilities.
What exactly do resources and capabilities mean?Resources and capabilities are the main drivers of profitability for every business and the sources of competitive advantage. A company's ability to compete and move the business forward with its products and offers for the needs of customers is empowered by its resources and capabilities.
In business, resources and organizational competencies are crucial. They are comprehensible as:
A) There are several types of resources:
1. Physical
2. Irreducible
3. Personnel Resources
B) Organizational capabilities: These include organizational culture, processes, and routines. Finding key skills or capabilities can help determine what adds the most value to the client and which market groups to pursue. A company must evaluate which assets and skills are most critical to granting the company a long-term competitive advantage.
Learn more about resource and capability with the help of the given link:
brainly.com/question/26512527?referrer=searchResults
#SPJ4
If a building has 18,000 square feet of useable space and 2,000 square feet of common area, the rentable/useable factor would be:______
If a building has 18,000 square feet of useable space and 2,000 square feet of common area, the rentable/useable factor would be 1.111 The amount of a commercial property that the tenant can actually use is measured in "usable square feet," or USF.
The common parts of the buildings, such as the foyers, corridors, stairwells, and public restrooms, are excluded. The USF, however, comprises everything that is enclosed inside the borders of the floor, excluding elevators and staircases, in the instance of tenants who have leased the full level for commercial uses.
The USF of the tenant for a partial floor lease encompasses everything that is particular to their portion of the property. USF is regarded as a significant component since it aids in determining the precise space that the tenant has available for business needs.
To learn more about usable square, click here
https://brainly.com/question/15700485
#SPJ4
Persons who have not been approved to enter restricted laboratory areas must be accompanied by an ___________ to enter such an area.
Persons who have not been approved to enter restricted laboratory areas must be accompanied by an higher authoritative person to enter such an area.
People who are not allowed and approved to enter restricted laboratory areas must be accompanied by an higher authoritative person because the laboratories contain hazardous substances that can pose a serious danger to public health if handled by untrained personnel.
In addition, laboratories contain expensive instruments and equipment that must be protected from unauthorized use, vandalism, and theft.
Hence, it is necessary to take security precautions to prevent unauthorized individuals from gaining access to laboratory materials and equipment.
To learn more about laboratories here:
https://brainly.com/question/27748008
#SPJ4
In a market-oriented economy, private firms will undertake most of the _____________________________, and ________________ should seek to avoid a long series of large budget deficits that might crowd out such investment. economic growth activities; monetary policy economic growth activities; fiscal policy investment in human capital; monetary policy investment in physical capital; fiscal policy
In a market-oriented economy, private firms will undertake most of the investment in physical capital, and fiscal policy should seek to avoid a long series of large budget deficits that might crowd out such investment. This is further explained below. Option D is correct.
What is the investment?The majority of investments in physical capital will be carried out by private companies in an economy that is oriented toward the market. As a result, the goal of economic policy should be to prevent an extended period of substantial budget deficits, which might discourage such investments. This will be discussed in further detail below.
In conclusion, The definition of an investment is an asset that is purchased or invested in with the intention of accumulating wealth and saving money from the hard-earned income or appreciation of the asset. To earn an extra source of income or make a profit from an investment over a certain amount of time is the primary intent of most people when they undertake investing activities.
Read more about investment
https://brainly.com/question/15353704
#SPJ1
The investment that toyota makes in uber is an investment in which part of toyota's value-chain activities?
a. Primary activities
b. Information systems
c. Support activities
The answer is the information system.
An information system is the formal, a sociotechnical, organizational structure meant to collect, process, store, and transmit information (IS).
When a corporation employs computers to do activities, tasks are completed in less time. They are also more accurate and less prone to human errors. Data can be processed and put into many data tables at the same time. Computers may also simply create reports and assertions. As a result, fewer individuals are required to complete the majority of the duties, which may result in job termination.
Therefore, the answer is information system.
To know more about information system click here:
https://brainly.com/question/25226643
#SPJ4
8. Problems and Applications Q8
Consider an economy with two labor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized.
Which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? Check all that apply.
The wage of manufacturing workers will rise.
The quantity of manufacturing workers demanded will fall.
The quantity of manufacturing workers supplied will rise.
There will be an increase in employment of manufacturing workers.
The quantity of manufacturing workers demanded will fall, the wage of manufacturing workers will rise and the quantity of manufacturing workers supplied will rise.
What does a union among workers represent in economy?In the macroeconomic model, a union among workers will increase the wage rate, thereby the supply of manufacturing workers will also increase.
This phenomenon is associated with a decrease in the demand and quantity of manufacturing workers.
In conclusion, the quantity of manufacturing workers demanded will fall, the wage of manufacturing workers will rise and the quantity of manufacturing workers supplied will rise if manufacturing workers formed a union.
Learn more about the macroeconomic model here:
https://brainly.com/question/23160076
#SPJ1