Answer:
Increases; higher
Explanation:
Skill-Biased Technology Change can be referred to as a shift in the production technology that takes preference of high skilled labour or workers over unskilled labour or workers.
This is achieved by increasing its relative productivity and, therefore, its relative demand.
Also, human capital is the accumulated knowledge (from education and experience), skills, and expertise. When education advancement reduces human capital reduces which at the long run reduces the number of skilled labours.
If there's a reduction in the number of skilled labours, then firms and organisations will be willing to pay huge sum of keep their available skilled labour and to hire new ones.
Answer:
Effective direct reply letters usually include a subject line, provide explanation and additional information.
Explanation:
Effective direct reply letters recognize the subject contained in the subject line as well from previous correspondence.
Effective direct reply letters arrange information in order of priority by listing the most important information first, and make a list of the responses to the questions of the customers in accordance to the order the questions are asked. Graphic devices are employed to ensure that the message can be easily read, and provide assistance to customers by giving then clear reference that will enable them to find additional information.
Finally, a forward-looking statement is usually employed by effective direct reply letters to end pleasantly.
Answer:
PMT = $3875.00
Explanation:
given data
annuity selling = $14,427.59
time = 4 year
interest rate = 5 %
solution
we get here annual annuity payment that is express as
PMT = 
..................................1
put here valuer and we get
PMT = 
solve it now and we get
PMT = $3875.00
so here value of the annual annuity payment (PMT) is $3875.00
Answer:
<u>Advertiser</u>
Explanation:
Advertising refers to promoting a product or a service with an objective to enhance it's sales and identify the prospective buyers of a product.
Advertisement medium may include , print media advertisements such as journals, newspapers, catalogs, posters, magazines, etc.
Advertising may also utilize visual space and audio means such as advertisements on radios, televisions, internet, etc.
The process begins with the advertiser who is usually the seller, refers to a person or an organization desirous of selling it's products. The seller decides the method of advertisement as per the kind of products he/she deals in and the cost he/she is willing to bear, since advertisements can be very costly.
The advertiser can be simply defined as the payer for the advertisement.
Answer: Option (B)
Explanation:
Given :
Contract = $3.8 million
Initial Payment = $1.1 million
Payment - Year One = $1.3 million
Payment - Year Two = $1.4 million
From the given information , we can evaluate the current value of the contract using present value:
<em>
</em>
<em>
</em>
<em>Present Value = $3,480,817.37</em>
