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2 years ago

Which statement identifies a reason a federal minimum wage was first established?

Business

1 answer:

denis-greek [22]2 years ago

3 0

The correct statement is : ( B ) Workers needed fair compensation for their labor.

<h3>Reason for the establishment of the federal minimum wage </h3>

The federal minimum wage was established to protect workers by providing fair compensation for their labor and establishing a

standard of living. The federal minimum wage was first introduced to cushion the effect of the post -depression era.

Hence we can conclude that the correct statement is Workers needed fair compensation for their labor.

Learn more about federal minimum wage : brainly.com/question/14895137

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An all-equity firm is considering the following projects:

lakkis [162]

Answer:

A. Compared with the firm's 12 percent cost of capital, Project W has a_______expected return.

a. lower

1. Project X has a______expected return.

b. lower

2. Project Y has a_______expected return

b. higher

3. Project Z has a______expected return.

a. higher

B. Project W should be_______.

b. rejected

1. Project X should be______.

b. rejected

2. Project Y should be_______.

a. accepted

3. Project Z should be_______.

a. accepted

c. If the firm's overall cost of capital were used as a hurdle rate, Project W would be_______.

c. correctly rejected

1. Project X would be______.

c. correctly rejected

2. Project Y would be_______.

b. correctly accepted

3. Project Z would be________.

b. correctly rejected

Explanation:

Project Beta IRR <u> expected return</u>

W .62 9.2% = 5% + (0.62 x 7%) = 9.34%

X .77 10.3 % = 5% + (0.77 x 7%) = 10.39%

Y 1.27 14.1 % = 5% + (1.27 x 7%) = 13.89%

Z 1.42 17.0% = 5% + (1.42 x 7%) = 14.94%

8 0

3 years ago

The majority of problems Best Buy was facing have been brought about by _________________force.

babunello [35]

Answer:

External forces

Explanation:

Best buy is an electronics retailer that aspires to improve customer's lives through technology. They have over 175+ store locations.

However they have been facing challenges in the market with other playera like Circuit City, CompUSA and RadioShack not surviving.

The challenges faced by Best Buy is mostly as a result of external forces in the form of competition with Walmart and Amazon. Resulting in the loss of their share value.

Walmart and Amazon have been able to capture a large part of the electronics market.

Other problems like leadership scandals and inefficient processes also contributed to their problems.

4 0

3 years ago

You have developed the following data on three stocks: Stock A has a standard deviation of .15 and a Beta of .79. Stock B has a

blondinia [14]

Answer:

As a risk minimizer : Stock A has the lowest standard deviation, thus, it should be chosen, if it is to be held in isolation . Also stock B has the lowest beta, thus,it should be chosen, if it is to be held as part of a well - diversified portfolio.

The answer is A and B respectively

Explanation:

The standalone risk or standard deviation of the stocks is alleviated for a well diversified investor . So, in that case, the relevant risk would be the market risk or the beta.

When you see in isolation, relevant risk would be the standard deviation.

Therefore, as a risk minimizer : Stock A has the lowest standard deviation, thus, it should be chosen, if it is to be held in isolation . Also stock B has the lowest beta, thus,it should be chosen, if it is to be held as part of a well - diversified portfolio.

6 0

3 years ago

Academic book publishers hire editors, designers, and production and marketing managers who help prepare books for publication.

Montano1993 [528]

Answer:

The correct answer is option D.

Explanation:

Academic book publishers hire editors, designers, and production and marketing managers who help prepare books for publication.

These employees work on several books simultaneously so a change in quantity demanded of books published in a year.

Since the number of people employed is fixed and does not change with the quantity of output. The cost incurred on these workers will be fixed cost. So the salaries and benefits of people in these people will be included in fixed costs and total costs. But since it does not change with change in the output it will not be included in variable costs.

8 0

3 years ago

Whenever a product line or a product family is extended, there is a risk of ________, which occurs when sales of an existing bra

xxTIMURxx [149]

Whenever a product line or a product family is extended, there is a risk of cannibalization, which occurs when sales of an existing brand decline as the firm's current customers switch to the new product.

<h3>What is a new product line?</h3>

This is term that is used to refer to the offering of a new product from a line that the company has not offered previously. It is the introduction of a new product entirely to the market.

Hence we have to say that Whenever a product line or a product family is extended, there is a risk of cannibalization, which occurs when sales of an existing brand decline as the firm's current customers switch to the new product.

Read ore on cannibalization here: brainly.com/question/17772125

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6 0

2 years ago