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Galina-37 [17]
1 year ago
14

according to age-earnings data, group of answer choices high earnings are due to motivation and innate ability, rather than educ

ation. lower-educated workers have similar earnings at age 65 as higher-educated workers. there is no clear relationship between education and worker productivity. investments in education result in higher earnings.
Business
1 answer:
Delvig [45]1 year ago
3 0

One of the indicators used in research on income levels is age. The result of research on age-earnings data is that investments in education result in higher earnings. Hence, the correct option is (D).

<h3>What is the Relationship Between Education and Earnings?</h3>

Based on the results of the research, it was found that people who have a higher level of education tend to have a higher level of income. This makes sense because, with a high level of education, a person basically has higher job opportunities. In addition, the knowledge possessed by someone with higher education allows that person to find the most appropriate solution to problems that exist in the business world.

Learn more about the relationship between employment and education at brainly.com/question/29338947

#SPJ4

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8 0
3 years ago
Assume that both labor and capital exhibit diminishing returns. Suppose you can hire an additional unit of labor for $10, and sh
anygoal [31]

Answer:

b) Nothing, because you are already minimizing cost

Explanation:

cost of producing one additional unit by hiring more workers = $10 / 50 units = $0.20 per unit

cost of producing one additional unit by buying the machine = $200 / 1,000 units = $0.20 per unit

Since labor exhibits a diminishing return, the next unit of labor will produce less than 50 units. This means that if you want to increase production, you should buy the machine.

Using the same logic, the previous units of labor were able to produce more than 50 units, which means that the average total cost was lower using labor than the machine. So if the company's concern is to minimize costs, then they are already doing so.

4 0
3 years ago
The audit working papers often include a client-prepared, aged trial balance of accounts receivable as of the balance sheet date
Mars2501 [29]

Answer:

C. Estimate credit losses.

Explanation:

the client prepared aged triad balance of account receivable is generally included in audit documents so that the evaluation of estimated credit losses can be done.

Therefore, This aging is best used by the auditors to Estimate credit losses.

7 0
3 years ago
The task of securing all necessary personnel, space, and financing; supervising all production and promotion efforts; fielding a
kirill115 [55]

Answer: producer

Explanation: The task of securing all necessary personnel, space, and financing; supervising all production and promotion efforts; fielding all legal matters; and distributing the proceeds derived from receipts falls to the producer.

Skills expected from a producer are:-

Organization / Scheduling.

Budgeting.

Problem Solving skills.

Multitasking skills.

Communication skills.

6 0
3 years ago
Molly went to the mall and parked her red car under a tree. when she returned to her car a few hours later, only half of the car
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