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cluponka [151]
3 years ago
8

Product market comparisons that focus on labor costs are likely to deserve greater weight when:.

Business
1 answer:
Hunter-Best [27]3 years ago
8 0

Product market comparisons that focus on labor costs are likely to deserve greater weight when product demand is inelastic.

<h3>What is the product market?</h3>

The product market is defined as the marketplace where final items or services are sold to firms and the government.

It does not concern trading in raw or another intermediate substances because it concentrates on the selling of finished goods. Business enterprise market and labor market are two speeches that are related to but not interchangeable.

When product demand is inelastic, product market comparisons that focus on labor costs are more likely to be valuable.

Learn more about the product market, refer to:

brainly.com/question/3964664

#SPJ1

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Which of the following includes ideas, innovation, and risk-taking?. . Capital. . Entrepreneurship. . Labor. . Land
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Entrepreneurship

People as entrepreneurs, has the capacity to decide, to innovate and to generate ideas, for the business he/she manages.
6 0
3 years ago
The operations of Winston Corporation are divided into the Blink Division and the Blur Division. Projections for the next year a
ycow [4]

Answer:

c. $88,700

Explanation:

The computation of operating income for Winston Corporation is shown below:-

Particulars              Dropping before              Dropping after

Sales a                  $469,000                           $383,500

                                                                         ($295,000 × 130%)

Variable cost b     $181,000                              $131,300

($101,000 × 130%)

Contribution margin $288,000                          $252,200

(c = a - b)

Direct fixed cost d  $160,000                          $87,000

Segment margin e $128,000                           $165,200

(e = c - d)

Allocated common cost f $76,500                  $76,500

Operating income(loss) $51,500                      $88,700

(g = d - e)

Therefore to reach the operating income(loss) we simply deduct the allocated common cost from segment margin.

5 0
3 years ago
Indicate whether each of the following creates a demand for or a supply of European euros in foreign exchange markets:
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Answer:

See below.

Explanation:

A)

A US purchase of a European product will create demand for Euros as US authorities would have to use euros in the exchange for the airbus, meaning they would have sell US and buy Euros.

B)

The German firm needs to set up in US and thus would need the local currency to conduct its operations in Carolina, they will have to buy USD by selling euros and thus creating a euro supply.

C)

The college student will have to be using Euros and as such would need to exchange dollars for euros, crating a demand.

D)

As the products are shipped aboard a Liberian freighter, they would be paid by giving out euros in the foreign exchange market. This will create a supply of euros.

E)

When the US economy grows at a  faster pace, European citizens will invest in US securities or in USA in general thus creating a supply of euros as they buy USD for investments.

F)

As the US government pays interest to a European bond holder, it will create a demand for Euros as more USD will be exchanged for Euros to be paid.

G)

More people will speculate and invest in dollars as they fear euro losing value, this will create more supply of euro in the market as people look to invest elsewhere.

Hope that helps.

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What is the role of the Federal Reserve in the U.S. economy?
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