Answer:
there will be a surplus of retail workers in this labor market.
Explanation:
In the attached diagram the scenario is illustrated.
When the minimum wage is above the equilibrium wage it means that the minimum wage is above what employees are willing to pay workers. So employees will be less wiling to pay this amount.
There will be a reduction in the number of available slots for workers.
On the other hand workers will receive higher wage than they expected but since the slots for work are now limited there will be a surplus of labour in the market
U.S. President Donald Trump checked one more item on his “To Undo” list of Obama administration actions last Friday when he reset the U.S. policy on Cuba. While the new policy restricts individual tourist travel and business investment in more than half of Cuban industry, it retains many smaller features like permitting family-related travel and professional/academic visits to the country. Among the immediate casualties will be a burgeoning tourism and hospitality industry that sprung up in Cuba after Barack Obama’s friendly overtures began two years ago.
Explanation:
Answer:
1. Discount
2. Geographical adjustments
3. Allowance
4. Discount
5. Allowance
6. Discount
Explanation:
1. Discount for early purchase and delivery order of chlorine and shock products
2. Geographical adjustment of price, due to shipping and handling costs
3. Allowance given to Raquel for the old ring; to help/encourage her purchase a new one (from the store)
4. Discount on the price or cost of purchase, for customers (like Joshua) who would buy more socks at a go
5. Allowance Capri Sun gives to Safeways Store, for every 15 cases of Capri Sun ordered and displayed in front of the store
6. Discount incentive/bonus Amazon is offering its Prime members. Take note of the nomenclature "Prime members". These are customers who make frequent orders or order a lot of products. Amazon is herefore offering a discount.
NOTE:
- A discount is offered to reduce the cost of purchase - which could be direct or indirect - while an allowance is given to encourage a business deal; as in numbers 3 and 5.
Answer:
<u>Since expected payoff for large job shop option is highest, firm should make large job shop option as capacity choice</u>
Explanation:
Expected payoff of any capacity alternative
= Probability of moderate acceptance x Payoff of moderate acceptance + Probability of strong acceptance x Payoff of strong acceptance
= 0.40 x Payoff of moderate acceptance + 0.60 x Pay off of strong acceptance
Thus Pay off for small job shop option
= 0.40 x 24000 + 0.6 x 54000
= 9600 + 32400
= $42,000
Pay off for medium job shop option
= 0.40 x 20000 + 0.60 x 64000
= 8000 + 38400
= $ 46,400
Pay off for large job shop option
= - 0.40 x 2000 + 0.60 x 96000
= - 800 + 57600
= $56,800
Answer:
Gordon and Hi-Tech Solutions
Under these circumstances, Gordon is entitled to reasonable accommodations, which his employer can offer him, under the ADA. The accommodations may involve assigning him to work that may not require the use of a keyboard to type and ensuring that he does not lose his position as a result of his physical condition.
Explanation:
Protections are offered to workers like Gordon who develop physical or mental disabilities prior to and during employment under the Americans with Disabilities Act. It attempts to ensure that Americans with disabilities are not put to disadvantage or out of employment because of their disabilities. Instead, reasonable accommodations are offered to such workers to ensure that they can continue to earn a living.
