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m_a_m_a [10]
2 years ago
13

What condition exists in this city's labor market at the present minimum wage of $9 per hour?

Business
1 answer:
Pie2 years ago
5 0

The labor market is oversupplied. Surplus is defined as something that is more than you require. Items you don't need or use are an example of surplus goods. Money that is still available after all of your bills have been paid is an example of surplus cash.

The amount of an asset or resource that is over its utilized share is referred to as surplus. Simply divide the amount the consumer was willing to pay by the actual price they paid will yield the consumer surplus. For small firms to develop and expand, the economy must be in  the surplus.

To learn more about  surplus, click here

brainly.com/question/15416023

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When used in return on investment (ROI) calculations, turnover equals sales divided by average operating assets.
zhenek [66]
True

Return to investment: margin+turnover
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8 0
3 years ago
Stp analysis occurs during which step of the marketing planning process?
Bezzdna [24]

The third phase of the marketing planning process is STP evaluation..

STP evaluation include final step evaluation.

The marketing management process consists of three phases: <em>planning</em>, <em>implementation</em>, and <em>assessment</em>, in which a business allocates its marketing mix capabilities to reach its target audiences.

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4 0
3 years ago
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What is business management.
erastovalidia [21]

Hope it helps yah (◕ᴗ◕✿)

6 0
3 years ago
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What effect would a bumper crop most likely have on the price of that crop?​?
Lunna [17]
<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
5 0
4 years ago
A company's beginning Work in Process inventory consisted of 20,000 units that were 80% complete with respect to direct labor. A
zloy xaker [14]

Answer:

Total number of equivalent units= 100,000

Explanation:

Giving the following information:

A total of 90,000 were finished during the period and 25,000 remaining in Work in Process inventory were 40% complete with respect to direct labor at the end of the period.

Weighted-average method:

Units completed= 90,000

Ending inventory= 25,000*0.4= 10,000

Total number of equivalent units= 100,000

3 0
4 years ago
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