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pochemuha
2 years ago
15

Using the (DMP) Model. (1) What determines a consumer’s decision to search for work? (2) What determines a firm’s decision to po

st a vacancy? (3) When a worker and firm are matched, what determines the wage paid to the worker? (4) Discuss the likely equilibrium effects of unemployment benefit (b) in the DMP model
Business
1 answer:
Evgesh-ka [11]2 years ago
7 0

Using the DMP Model the factor that determines a consumer’s decision to search for work are:

  • The labor force, titled as Q.
  • The payoff gotten from home production.
  • The payoff gotten as a result of searching for market work.

<h3> What factor determines a firm’s decision to post a vacancy? </h3>

They are:

1. The cost that one gets from posting a vacancy, k

2. The wage rate which the suppose firm would pay, w

3. The outcome or the output that worker will make, z, etc.

Note that in DMP model, if a worker and firm are matched, the factor that determines the wage paid to the worker is the equation of :

w = a(z-b) + b,

Where a(z-b) =  Share the worker will get from the total share as a result of the bargain, based on the worker's bargaining power.

Learn more about  DMP Model from

brainly.com/question/8893905

#SPJ1

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The following transactions occurred during May, the first month of operations for Hunter Products, Inc: * Issued 54,000 shares o
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Answer:

$414,000

Explanation:

Calculation of balance of cash account:

Issuance of capital stock to the        $648,000

owners of the corporation  

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a piece of lane

Cash payment on the note payable <u>($64,000)</u>

from the purchase of land

Balance in the Cash account           $414,000

at the end of May

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3 years ago
How would you feel if someone you love and care about was thinking about joining the army. I am thinking about doing it and I am
adell [148]
I would say if thats what you want to do go for it because the people that love you should want nothing more than for you to be happy.
8 0
2 years ago
Read 2 more answers
____ ensure that goods produced in one country will meet the requirements of buyers in another country.
riadik2000 [5.3K]

<u>​ISO standards</u> ensure that goods produced in one country will meet the requirements of buyers in another country.

The International Organization for Standardization (ISO), is a non-governmental organization which comprises standards bodies from more than 160 countries, with one standards body representing each member country.

ISO standards provide a strong basis for the development of national and international regulation, helps in saving time and reduce barriers to international trade. International Standards mean that consumers can have confidence that the products are reliable and of good quality.

Hence, ​through the ISO standards the requirements of buyers are met in another country.

To learn more about ISO standards here:

brainly.com/question/7181318

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3 0
1 year ago
A company's resources and capabilities represent:________.a. management's source of funding for new strategic initiatives. b. th
kobusy [5.1K]

Answer:

b. the firm's competitive assets that determine its competitiveness and ability to succeed in the marketplace

Explanation:

A Company must match it's available set of resources with it's capabilities. Resources should be optimally utilized and capabilities need to be harnessed in the best possible manner.

Efficient utilization of resources and capabilities yields competitive advantage to a firm. Competitive advantage refers to some unique way or process or capability, specifically available to an organization which gives it a competitive edge.

Resources and capabilities, thus represent a firm's competitive assets which determine how well it competes in the market and also casts a significant bearing upon it's ability to succeed.

7 0
2 years ago
Abbe Co. is a small merchandising company with a manual accounting system. An investigation revealed that in spite of a sufficie
lisov135 [29]

Answer:

1. FALSE

2.TRUE

3. TRUE

4.TRUE

Explanation:

1. It is FALSE which means each voucher should NOT be approved for payment by a designated official before verifying price, quantities, and terms because it would not reduce the chances of losing cash discount .

2. It is TRUE which means each voucher should tend to be filed by the day which will be the last day of the discount period or the due date if the invoice is not subject to a cash discount because if the voucher is filed at last day, there will be chance of losing it.

3. It is TRUE which means each day, the vouchers should be removed from the appropriate section of the file and checks issued by the disbursing official because yhis will also tend to lead to losing the cash discount for payment to the vendor.

4. It is TRUE which means at the time of payment, all vouchers and supporting documents should be stamped or perforated "Pald" because there will presentation of invoice for the second time.

8 0
2 years ago
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