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2 years ago

The idea that only the most efficient workers will depart in response to a wage cut is called ________.

1 answer:

3 0

The idea that only the most efficient workers will depart in response to a wage cut is called adverse selection of wage cut.

<h3>What is the adverse selection of wage cut?</h3>

The adverse selection of wage cuts argument points out that if an employer reduces the wages for all workers in poor business conditions, then the employment alternatives at other firms, are the most likely to leave.

The least attractive workers with very few employment alternatives, are more likely to stay in this condition.

Companies which are experiencing difficult times can pursue workers to take a pay cut for the short term, and still have most of the firm’s workers.

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Abburi company's manufacturing overhead is 60% of its total conversion costs. If direct labor is $40,000 and if direct materials

yKpoI14uk [10]

<u>Calculation of Abburi Company’s manufacturing overhead:</u>

It is given that company's manufacturing overhead is 60% of its total conversion costs. And Conversion cost is a sum of Direct Material and Direct Labor costs. Hence we can say that:

Manufacturing overhead = (Direct Material + Direct Labor Costs)*60%

= (26600+40000)*+60%

= 39960

Hence, Abburi Company’s manufacturing overhead is<u> $39,960</u>

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3 years ago

The use of money and credit controls to change the macroeconomy is

Fittoniya [83]

According to economic theory, using money and credit controls to change the macroeconomy is "<u>Monetary Policy</u>."

<h3>What is Monetary Policy?</h3>

Monetary Policy is the policy or method by which government controls the amount of money in circulation in an economy.

Monetary policy can increase or reduce rue money in an economy.

<h3>The three primary tools of Monetary Policy are:</h3>

Reserve requirements
Discount rate
Open market operations

Hence, in this case, it is concluded that the correct answer is Monetary Policy.

Learn more about Monetary Policy here: brainly.com/question/13926715

3 0

3 years ago

There are three seats on the board of directors of MMT, Inc., up for election. The firm has 175,000 shares of stock outstanding

ludmilkaskok [199]

Answer:

$708,750

Explanation:

The computation of the amount spend is shown below:

But before that first determine the number of shared needed which is

= (Shares of stock × number of seats) ÷ (total number of seats + 1) + 1

= (175,000 shares × 1) ÷ (3 + 1) + 1

= 43,750 + 1

= 43,751 shares

Now the cost is

= (43,751 shares - 10,000 shares) × $21

= $708,750

4 0

3 years ago

Which of the following is something a company could do to foster bonding and affective commitment? Multiple Choice

Aneli [31]

Answer:

The correct answer is letter "E": hold a weekly "employee appreciation" party.

Explanation:

Organizational commitment plays a key role in employees' performance. The more engaged workers are with the company they work for, the more likely their production is going to be higher. Affective commitment refers to increasing the bonds that link workers within the organization. Casual reunions after every period of time are one of the many activities firms could use to engage employees with their brand.

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3 years ago

Earnings on pooled investments and changes in fair value of investments are allocated to the participants having an equity inter

Naily [24]

Answer:

1) True

Explanation:

Generally pooled investments like mutual funds issue their own shares that basically include the value of all the securities that the pool has invested in. If you invest $2,000, then you are given shares that represent $2,000 in investments. if the value of the investment rises 10%, the value of your shares will increase to $2,200 (10%).

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3 years ago