3 years ago

Jim is being paid $7.25 an hour to work at a restaurant. In the circular flow, this is an example of a:

1 answer:

max2010maxim [7]3 years ago

4 0

Answer:

The answer is household selling a resource in the factor market which is the same thing as business buying resource in the factor market

Explanation:

Factor market is a market in which factors of production e.g land, capital, labor are bought and sold.

In the question above, Jim(household or labor) is working at a restaurant (firm or business). This means Jim is selling his resource(labor) in the factor market while the restaurant is buying the resource(labor) in the factor market.

You might be interested in

Albert's 19-year old son, paul, lived with him all year. paul is a full-time student who earned $4500, which he put into a colle

fenix001 [56]

<span>Albert's 19-year old son, paul, lived with him all year. paul is a full-time student who earned $4500, which he put into a college fund. albert can claim paul as a dependent</span>

8 0

3 years ago

You and the HR manager, along with suggestions from the branch manager, must determine if background checks on all employees are

sergey [27]

Answer:

Terminate his employment

Explanation:

Based on the fact and information, Tibbits should be discharged from employment for his failure to disclose this relevant conviction. As a convicted offender, he is considered in the eyes of the law to be high-risk and should not be allowed to enter unsuspecting clients’ homes. It would be the company's liability if he acts non professionally and inappropriately at a jobsite.

7 0

3 years ago

Which of the following is an example of objective evidence?

Serhud [2]

Answer:

B. The physical count of securities and cash

Explanation:

An objective is the business's goal and in order to see that the quantity would need to be in a physical sense to see growth over time.

4 0

4 years ago

Which statement is false?

Tamiku [17]