The wage level decision is a management policy decision about whether a firm wants to pay above, at, or below the going rate for labor in the industry or the geographic area.
What is labor market equilibrium?The labor market is in equilibrium when supply equals demand. This means that workers are employed at a certain wage rate.
In equilibrium, all persons who are looking for work at the going wage can find a job. Here, firms decide whether or not to pay wage above certain rate.
Hence, the wage level decision is a management policy decision about whether a firm wants to pay above, at, or below the going rate for labor in the industry or the geographic area.
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The chess club needs to raise money for tournament uniforms. some members want to sell energy drinks at a football game to raise funds, but others want to organize a car wash in the school parking lot. based on the concept of scarcity, which thought should drive members' decision-making process to determine how to fundraise? where will unsold energy drinks be stored? is there enough consumer demand for a car wash? will the concession stand be open during the big game? are there enough volunteers to work a car wash?
The scarcity of individuals is the main issue here. The availability of adequate car wash volunteers will be decided in the decision-making process.
What is the decision-making process?The decision-making process involves a process of decision-making by examining all the factors that contribute to the end.
At a chess club for deciding where to drink energy or car wash, the biggest problem will be determined by the availability of enough car wash volunteers.
Return of a non-marketable strong drink is possible. The club is visited by members, so finding a car wash will not be a problem. The agreement that will add to the revenue will be analyzed.
Thus, the availability of the number of volunteers for car washing was the major concern that will be raised in the decision-making process. Thus, option D is correct.
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Answer:"d" Are there enough volunteers to work a car wash?
Explanation:Took the test
Place the following items in order of the magnitude of the effect on the aggregate demand curve, starting with the greatest effect and descending to the least. Keep in mind that there will be an item which has zero effect on the AD curve (because it causes movement along the curve). Start by clicking the first item in the sequence or dragging it here Drag the items below into the box above in the correct order, starting with the first item in the sequence. Development of computer-based technologies from the 1940s to now. People notice prices rising and an associated decrease in purchasing power. State governments in the 2010s cut their budgets for teachers, infrastructure, police, and other government expenditures. Prices of tech stocks increase in the late 1990s as a result of a speculative bubble, A trade war with China in the late 2010s leads to a decrease in trade.
Based on their effects on aggregate demand, the correct order of the items from the greatest effect to the least is:
Development of computer-based technologies from the 1940s to now. State governments in the 2010s cut their budgets for teachers, infrastructure, police, and other government expenditures.Prices of tech stocks increase in the late 1990s as a result of a speculative bubble.People notice prices rising and an associated decrease in purchasing power. A trade war with China in the late 2010s leads to a decrease in trade.What were the effects of these items on aggregate demand?Development of computer technologies had the highest effect on aggregate demand because they increased production on an unprecedented scale which allowed for more people to earn incomes.
State governments cutting their budget in the 2010s reduced aggregate demand because government spending is important to aggregate demand.
Prices then rose which led to less people demanding goods and services and the trade war with China led to a decrease in trade and in aggregate demand.
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Most economists would probably argue that the best interests of international business are served by.
Indeed, most economists would argue that the best interests of international businesses are served by a free-trade stance.
What is a free-trade stance?A free-trade stance is a government policy that does not restrict imports and exports because there are no import tariffs or export subsidies.
A free-trade stance is also known as laissez-faire policy because under a free-trade policy, goods and services are exchanged across international borders with little or no government interventions in the forms of tariffs, quotas, subsidies, or prohibitions.
Trade protectionism, which creates economic isolationism, is the direct opposite of the concept of free trade.
Thus, indeed, most economists would argue that the best interests of international businesses are served by a free-trade stance.
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A $100,000 house insured on a policy with an 80% coinsurance requirement has a fire that caused $40,000 of damage; the owner has a policy with $60,000 coverage. How much can the owner collect for his loss?
Assuming the owner has a policy with $60,000 coverage. The amount that the owner collect for his loss is $30,000.
Policy coverageIn order for the total amount of a partial loss to be paid the house must be insured for at least 80 percent of its value on the date in which the loss ocur.
And since house has a policy coverage of the amount of $60,000. Based on this the minimum requirement is 75 percent which mean that the policy will pay only 75 percent of the loss or $30,000.
Inconclusion the amount that the owner collect for his loss is $30,000.
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Select the correct answer.
In the United States, which assessment system measures inflation?
ОА.
demand for goods
OB. supply of goods
OC.
consumer price index
OD. money supply in the economy
Answer:
C. consumer price index
Explanation:
The consumer price index CPI is the index used in the USA to measure inflation. The CPI calculates changes in the weighted average prices of a basket of goods and services representing consumer expenditure in the economy. The average change in prices computed in the CPI communicates the rate of inflation.
Inflation is the average change in prices in the economy in time. The CPI measures the changes in the weighted average prices of a basket of goods and services representative of consumer spending. Therefore, the CPI measures the rate of inflation.
How does data mining help interactive marketing for a business? question 2 options: by predicting which customers are likely to go to a competitor by identifying which prospects should be included in a mailing list by revealing the difference between a typical customer this month and last by predicting what each individual accessing a website is most likely interested in seeing
The process of detecting the outcomes is called data mining. It helps interactive marketing by predicting what individuals access on websites.
What is interactive marketing?Interactive marketing is based on triggers and events that include the behaviors, actions, demands, and preferences of the customers. The customer's action results in the building of interactive marketing.
The potential consumer can connect with the company and interact through two-way communication and relations. The interests of the consumers on the website can be analyzed through data mining to help in the interactive form of business.
Therefore, option D. prediction of the customer's data on the website aids in interactive marketing.
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Which company has the comparative advantage in producing large tubes of toothpaste? Sparkling Fresh! Bright White Mmmint.
"Bright White" Company has the comparative advantage in producing large tubes of toothpaste.
What is the term Comparative advantage about?
Comparative advantage determines the country's specialization by comparing opportunity cost whereas absolute advantage determines country's productivity.
Comparative advantage have some disadvantage also like it can exploit the nation's labor and some economic resources.
Therefore, correct option is B.
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When you conduct your personal inventory of what you can offer an employer and what you want from a job, you should consider:
Answer:
your education and training.
Explanation:
your experience, skills, and achievements.
your desired salary ranges.
Adams, Inc. has sales of $100,000 with a contribution margin of $60,000 and net income of $20,000. Baron, Inc. has sales of $110,000 with a contribution margin of $44,000 and net income of $22,000. Which of the following statements are correct? Multiple select question. If sales fall, Baron will experience a greater decrease in income than Adams. Baron's net income grows twice as fast as its sales. Adams has a higher degree of operating leverage than Baron.
The true statement is that Adams has a higher degree of operating leverage than Baron.
What is a operating leverage?The cost-accounting formula is used to measures the degree a project can increase the operating income by increasing revenue.
Here, the degree of operating leverage is for Adams, Inc is 3 and for Baron, Inc. is 2.
Hence, the true statement is that Adams has a higher degree of operating leverage than Baron.
Therefore, the Option C is correct.
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In 2007, the national public high school _____ rate was 74.7 percent.
crime
graduation
credit
population
Answer:
graduation
Explanation:
Answer:
Graduation
Explanation:
edge2021
for dropout it was 25.3 percent.
Help urgently needed.
Tia and Braden are standing 12 feet apart from each other on opposite sides of an in-ground swimming pool. They spot a pair of goggles on the pool floor between them. The angle of depression from Tia and Braden to the goggles is 65 °and 28 °respectively. Find the direct distance from Tia to the goggles
Assuming the goggles is 65 °and 28 °respectively. The direct distance from Tia to the goggles is 5.64 feet.
Direct distanceWe would be making use of sine law to find the direct distnace
4=180°-65°-28°
4=87°
Let a represent the distance
Distance x=12/sin4=a/sin28°
a=12×sin28°/sin87°
Hence:
12/sin87°=a/sin28°
a=5.64 feet
Inconclusion the direct distance from Tia to the goggles is 5.64 feet.
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Jerome measures the length of 40 ropes and uses a line plot to organize his data. A. How many more ropes are there that are yard long or greater than ropes that are less than yard long? There are more ropes that are yard long or greater than ropes that are less than yard long b. Explain how you got this answer
Answer:
20
Explanation:
I make all the denominators the same, 1/4 becomes 2/8, and 1/2 becomes 4/8. I see which fractions are smaller than 3/8, which are 2/8 and 1/8. I count how many X's are there in 3/8 and the ones that are smaller than 3/8 which are 2/8 and 1/8. 3/8 has 5 X's, 2/8 has 2 X's, and 1/8 has 3 X's. Altogether there are 10 X's. 1 X = 2 ropes, so I multiply the 10 X's into 2 which is 20 ropes. There are 20 more ropes that are 3/8 yard long or greater than ropes that are less than 3/8 yard long.
In decision analysis, the ____ correspond to future events that are not under the control of the decision maker. Group of answer choices alternatives payoffs criteria states of nature
The states of nature is what correspond to future events that are not under the control of the decision maker.
What is decision making in business?These are the processes that the manager uses to determine the planned part that he wants his business to take.
The goal is to establish the best course of action that would be helpful for the business.
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How can businesses entice Face book users to interact with them on Face book?
Answer:
i mean they could bribe or like start selling stiff on there to get peoples attention
When you are in a conflict that you are not passionate about, it is seen as gracious to sometimes ______. A. Fight for your side until the other person agrees b. Step aside and let the other person prevail c. Use ad hominem arguments until a mediator steps in d. Allow the other person to compromise their position Please select the best answer from the choices provided A B C D.
Generally, it will be seen as gracious thing to ttep aside and let the other person prevail when we find our-self in a conflict that we are not passionate about.
What is a conflict?A conflict refers to a deliberate action where one person or group attempts to thwart the actions of another.
Sometimes, a conflict are healthy because when controlled, it leads to strengthen relationships, teams and leads to better solutions and growth.
In conclusion, the act of stepping aside is also an act of Conflict resolution because its subdues the negative effect of the conflicts.
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Answer:
did the test
Explanation:
B on edge 2022
1. What roles can 3PL play in the CCL e-commerce initiative?
The roles that the 3PL can play inb the e commerce initiative are:
They can help to get items to customers at a good time.They can help in the storage of items.They can help in transportation and the distribution of goods.What is the 3PL?This is a term that is used tpo refer to third party logistics. They are known to perform several roles in the e commerce business.
It performs a very important role in the supply chain. It helps with logistics of the supply chain.
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One of the requirements of an enforceable lease is that both parties are bound to the terms of the lease. This is called ______.
The scenario where both parties are bound to the terms of the lease illustrates a contract.
What is a lease?A lease simply means a contractual agreement that calls for the user of a property or asset to pay the owner.
In this case, a requirement of an enforceable lease is that both parties are bound to the terms of the lease and this is termed the contract of the lease.
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Which factor plays the biggest role in motivating economic decisions in a
market economy?
O A. Corruption in the leadership of powerful groups
O B. Commitment to maintaining a traditional lifestyle
O C. Competition between different businesses
D. Cooperation between governments and citizens
Cooperation between governments and citizens: plays the biggest role in motivating economic decisions in a market economy. Thus, option D is the correct option.
What Is a Market Economy?A market economy is a kind of capitalism in which a nation's companies and residents interact to determine economic policy and the cost of products and services. Although there may be some central planning or government interference, this phrase often denotes a more generally market-oriented economy.
The majority of economic decisions in a market economy are made through voluntary transactions that follow the rules of supply and demand. In a market economy, entrepreneurs are free to pursue profit by producing outputs that are worth more than the inputs they use, or, if they choose not to, to fail and close their doors. The forces of supply and demand are used in market economies to set the right prices and quantities for the majority of products and services.
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If you were starting a new business describe at least three departments to the company that you would need right away why are these departments so important
Answer:
Explanation:
These departments are as follow:-
1) Admin
2) Administrative
3) HOD (Head Of Departments)
Total revenue from six jet skis is $2,400, and total revenue from seven jet skis is $2,700. The marginal revenue in the interval between six and seven jet skis is
The marginal revenue in the interval between six and seven jet skis is $300.
What is marginal revenue?Marginal revenue is the revenue gained by producing an additional unit of a good or service.
Marginal revenue is calculated by subtracting the total revenue at a certain quantity from the total revenue when the quantity is one unit lower.
Marginal revenue = 2700 - 2400 = $300
The marginal revenue in the interval between six and seven jet skis is $300.
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Mei starts a job with a $72,000 annual salary that is paid twice a
month. How much should she expect her gross pay to be on her
first paycheck?
$3000
Explanation:
just diveide the number by 24
The demand curve faced by a monopolistically competitive firm is.
Answer: highly but not perfectly elastic.
Explanation: It is elastic because the monopolistically Competitive seller has many competitors producing closely substitutable goods, the latter being a determinant of the elasticity of demand.
It costs a company $300 for the average employee to report absent due to illness. last year, the company had 200
absences reported last year for a staff of 100 employees. a study reported that paying for a gym membership would reduce absenteeism by
40%. if the average gym membership costs $200/year, would it be cost effective to purchase
an annual gym membership for each
employee?
o a) yes
ob) no
o c) can't tell
Suppose the United States can produce two goods, cloth and tea. Suppose there was a technological breakthrough in making cloth ONLY. Would the PPF curve shift inward or outward in this case and can we indirectly allocate resources from cloth to tea production along the new PPF curve? Explain. Please draw and the label the initial PPF curve PPF 1 and then please draw the new PPF curve PPF 2. Please draw an arrow to indicate the shift in the PPF curves. Also, put tea on the y-axis and cloth on the x-axis.
Answer:
PPF will rotate rightward by technological breakthrough in making cloth only
Explanation:
PPF is the graphical representation of two goods, that an economy can produce with given resources & technology.
If there is a technological breakthrough in only one good (cloth here) in economy (US here). The new PPF shift outward (rightwards or upwards) only on the axis representing that particular good (on x or y axis respectively). As cloth is on x axis, the PPF will rotate rightward by technological breakthrough in making cloth only.
Yes, on new rightward rotated PPF also, cloth & tea can be traded off, but at an altered slope & marginal opportunity cost (sacrifise ratio).
in a job interview, amanda tells the hiring manager that she is eager to learn and passionate about the work the company does. which personality test trait does this showcase?
a. respect
b. enthusiasm
c. confidence
d. friendliness
Answer:enthusiasm
Explanation:
The personality test trait this showcase is enthusiasm. Thus the correct option is B.
What is a Job interview?A job interview is referred to as an assessment technique used to evaluate the capabilities of an individual related to a particular job position. In a Job interview, a set of questions is asked by the employer to analyze the strength of an individual.
In the example presented, it is noted that Amanda informs the hiring manager during a job interview that she is eager to learn and enthusiastic about the work the company does.
Tests of practical techniques known as trait assessments are used to evaluate a person's personality and identify their personality traits.
In the given case, the personality test trait she is showing is enthusiasm as it reflects her excitement and interest to join the company. She portrays her thoughts to the hiring manager.
Therefore, option B is appropriate.
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The first step of the risk assessment process is generally to Group of answer choices estimate the risk probability of negative events occurring. identify controls to reduce all risk to zero. identify the threats that the company currently faces. estimate the exposure from negative events.
Answer:
It is negative events verse negative events
Explanation:
All of the following were consequences of Eli Whitney's invention of the cotton gin, except: A. the urbanization of the southern economy. B. the strengthening of slavery in the southern states. C. the development of an American textile industry. D. the spread of cotton as a cash crop in the southern states.
The consequences of Eli Whitney's invention of the cotton gin did not include The Urbanization of the southern economy.
What is Urbanization?Urbanization refers to the shift of population from the rural area to the urban area. It looks at the development of big cities and sometimes can lead to population explosion.
The invention of the cotton gin by Eli Whitney strengthens the amount of slavery in the south. It also led to the development of the American Textile industry but it didn't lead to the urbanization of the southern economy.
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True or false: According to AICPA (2008) guidance, the development of an expectation is the most important step when using analytical procedures.
True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.
It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.
What is Tax?Tax refer compulsory levy or contribution place on individual, organization or state which is levied by government majorly on workers income or business profits of companies or can be added to cost of goods, services or even any transactions done.
Therefore, It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers because the effect of tax on consumers or producers is normally determined by price elasticity.
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Which ownership is this "You are considering purchasing a business that is for sale in your hometown. This is your opportunity of becoming a business owner by purchasing an existing business. Mr. Jacobs, the present owner, wishes to retire so he is looking for someone to purchase his business including the inventory and shop. After some market research and auditing his books, you decide to purchase the business."
Answer:
Business Ownership
This is purely a Sole Proprietorship type of business ownership.
Explanation:
Some of the characteristics of a sole proprietor business are indicated in the scenario. The former business is owned by Mr. Jacobs, according to the scenario, "the present owner." Mr. Jacobs is desires of retiring and selling off his shop. What are the assets of the business? They mainly consist of Inventory of merchandise and the shop itself, which may be rented. This is the basic form of business ownership globally. Some sole proprietor businesses grow to become conglomerates while others remain one-shop businesses, like Mr. Jacobs'. Perhaps, the second owner may do better and take the business to the next stage.