C. businesses are likely to fire older workers. They are paid higher, due to working many years. Its cheaper to higher new young people at a much lower pay to save money for the company. Older people may not have went to college, but have learned the job by doing it for so many years. Companys now want to have a college degree to work for them. The union protects the older worker, so the company can not suddenly change the rules and force the worker out. They have to offer to let the older worker go back to school to earn the degree required.
Creativity and innovation both contribute to applied practice.
Explanation:
Creativity refers to the way in which new ideas related to a particular item is brought in reality. Innovation refers to the way of implementing the new idea that was not recognized before. The items are unique in nature.
Creativity deals with new ideas as well as different possibilities that are used to solve problems as well as helps in communicating with others. Creativity also helps in entertainment purpose. These are the ways where innovation and creativity contribute to applied practice.
Answer:
Net operating income= 341,000
Explanation:
We need to use the following structure:
Gross profit= sales - cost of goods sold
Net operating income= Gross profit - other expenses (variable and fixed)
<u>Under the absorption costing method, the cost of goods sold incorporates the fixed overhead.</u>
Sales= 980,000
COGS= (116,000 + 266,000)= (382,000)
Gross profit= 598,000
Fixed selling and administrative costs= (116,000)
Variable selling and administrative costs= (141,000)
Net operating income= 341,000
Answer:
false
Explanation:
i don't about it but i have never saw a Stadium parking
Answer:
excess supply
Explanation:
If price is higher than equilibrium price, quantity demanded would fall while quantity supplied would increase. This is in line with the law of demand and supply
according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
This accounts for why the supply curve is positively sloped.