All categories

3 years ago

Select all of the factors that affect the level of wages.

1 answer:

8 0

The factors that affect the level of wages are skills and abilities, the size of the labor pool, and the actions of labor unions. therefore, these options are correct statements.

<h3>How do you determine the level of wages?</h3>

Wages are decided through supply and demand, however, they may be stimulated through a huge form of factors, inclusive of the fee of living in a specific area, the presence of a union, and the modern-day minimal wage.

Pay prices additionally range through gender, race, training degree, and talent degree of the workforce.

Thus, the correct options are skills and abilities, the size of the labor pool, and the actions of labor unions.

Learn more about the level of wages here:

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The market price of cheeseburgers in a college town increased recently, and the students in an economics class are debating the

Artemon [7]

Answer: B) If the equilibrium quantity of cheeseburgers increases, then the demand shift in the market for cheeseburgers must have been larger than the supply shift.

Explanation:

1. An increase in the price of cheeseburgers is due to the fact that several burger joints in the area have recently gone out of business. This will shift the supply curve for cheeseburgers to the left, driving up the price of cheeseburgers and reducing the quantity.

2. An increase in the price of Calzones at local pizza parlors lead to an increase in the demand for Cheese burgers as cheese burgers and calzones are substitutes to each other. So, when price of calzones rise, consumers shift demand to cheeseburgers. This will lead to a rightward shift in the demand for cheese burgers as a result the price and quantity of cheese burgers increase.

3. A decrease in supply due to burger joints going out of business shift the supply curve to the left. Increase in the price of calzones increase demand for burgers shifts the demand curve to the right. Both these will increase the price of cheeseburgers but the effect on quantity cannot be determine as depends on the magnitude of the shift in the two curves.

If demand shifts more than supply, equilibrium quantity increases. If supply shifts more than demand, equilibrium quantity decreases.

Thus, B is correct.

3 0

3 years ago

You have just been hired to perform digital investigations and forensics analysis for a company. You find that no policies, proc

QveST [7]

Hi, your question isn't clear. Nevertheless, I inferred you want a sample policy document.

<u>Explanation:</u>

Note, a forensic analyst is charged with ensuring there are no security threats to digital infrastructures. Thus, a <u>sample policy and processes document may read; </u>

Access to the Lab is restricted to certain employees
Lab employees must ensure they lock their offices when not in use.
Lab employees must put on their access cards to gain entry into the lab.
External storage devices are prohibited from entering and leaving the lab.
Visitors should be monitored and must be made to adhere to all the restrictions.

7 0

3 years ago

What are the 10 categories of business law?

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Answer:

There are 10 categories of business law which are :

Contracts,
Securities Law,
Intellectual Property,
Income Tax,
Pensions & Benefits,
Trusts & Estates,
Immigration Law,
Labor Law,
Employment Law and
Bankruptcy.

Business laws have different fields which at taught in the law school. Like criminal law, Business law is also a category of law and these are the categories of business law which focuses on the working of corporations and businesses.

8 0

3 years ago

Novak Corp. has these accounts at December 31: Common Stock, $12 par, 5,500 shares issued, $66,000; Paid-in Capital in Excess of

PSYCHO15rus [73]

Answer:

Total stockholders equity = $118,000

Explanation:

Novak Corp.

Balance sheet (stockholders' equity section)

As a December 31 20YY

Stockholders' equity

Common stock ($12 per, 5,500 share issued) = $66,000

Paid-in Capital in Excess of Par Value - Common stock = $19,000

Less: Treasury Stock (500 shares) = ($11,000)

Shares outstanding (5000 shares) = $74,000

Retained Earnings = $44,000

Total stockholders equity = $118,000

3 0

3 years ago

The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue an

harina [27]

Answer:

a.income statement for the year ended in December 31 2018

Fees earned $383,500

Less Expenses :

Miscellaneous Expense $14,500

Rent expense $22,500

Supplies expense $11,300

Utilities expense $16,700

Wages expense $170,000 ($235,000)

Net Income/(loss) $148,500

b. retained earnings statement for the year

Opening Retained Earnings $1,341,000

Add Profit for the year $148,500

Less Dividends during the year ($75,000)

Closing Retained Earnings $1,414,500

c. balance sheet as of December 31 2018

Assets

Non-Current Assets

Land $1,500,000

Total Non-Current Assets $1,500,000

Current Assets

Supplies $7,000

Accounts receivable $236,500

Cash $190,500

Total Non-Current Assets $434,000

Total Assets $1,934,000

Equity and Liabilities

Equity

Common stock $450,000

Retained Earnings $1,414,500

Total Equity $1,864,500

Liabilities

Non-Current Liabilities

Total Non-Current Liabilities

Current Liabilities

Accounts payable $69,500

Total Current Liabilities $69,500

Total Equity and Liabilities $1,934,000

d. Profits for the year.

Explanation:

The Net Income has to be calculated first.

The calculated net income is used to determine the ending retained earnings balance for the year.

The Retained Earnings Balance for the year is part of Equity in the Balance Sheet.

4 0

4 years ago