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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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Present value is calculated as the discounted sum of either a fixed amount or a series of payments in the future, at a given interest rates.

For example, at an interest of 5%, $100 in 10 years will be valued at $100 / 1.05^10 = $61.39 today

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Replenishing the Petty Cash Fund

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Answer:

Explanation:

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Barbara is a producer in a monopoly industry. Her demand curve, total revenue curve, marginal revenue curve and total cost curve

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Answer:

Explanation:

A monopoly will maximize profit at MR = MC ( marginal revenue = marginal cost)72

MR =MC

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Answer and Explanation:

The Journal entries are shown below:-

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(Being Sale of the machine is recorded)

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(Being Sale of the machine is recorded)

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