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Romashka [77]
1 year ago
7

when a store hires a new worker, which arena of exchange is involved—the factor market or the product market

Business
1 answer:
lilavasa [31]1 year ago
5 0

When a store hires a new worker the Factor market  is involved, because production factors are traded.

What is Factor market?

Economists refer to all of the resources that firms utilize to buy, rent, or hire the equipment they use to generate goods or services as the "factor market." The factors of production—raw materials, land, labor, and capital—are what are required to meet these needs. The input market is another name for the factor market.

Businesses invest in resources to manufacture goods and services on a factor market. People travel to product markets, also known as goods and services markets, to buy finished goods.

To learn more about product markets click on the link below:

brainly.com/question/8936323

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phyllis, who is single, has itemized deductions totaling $20,000. she overpaid her 2018 state income tax and is entitled to a re
Lapatulllka [165]

It is true that if an overpayment resulted in a tax benefit, it makes no difference whether it is reimbursed or used to reduce the 2019 state federal income tax due.

The Internal Revenue Service (IRS) imposes a levy known as the federal income tax on the yearly income of people, businesses, trusts, and other legal entities. All forms of income that constitute a taxpayer's taxable income are subject to federal income taxes, including wages, salaries, commissions, bonuses, tips, investment income, and certain categories of unearned income.

Individual federal income tax rates in the US are progressive, which means that they rise in proportion to taxable income. Federal income tax rates range from 10% to 37%, and they become effective at a certain level of income. Tax brackets are the ranges of income that the rates apply to. Income that is subject to each bracket is taxed at that rate.

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3 0
1 year ago
The price elasticity of supply is affected by
valentina_108 [34]

Answer:

B. the passage of time. 

Explanation:

Price elasticity of supply measures how sensitive quantity supplied are to changes in price.

Price elasticity of supply is determined by the passage of time.

Typically, in the short run, the elasticity of supply is usually inelastic. Prices do not usually impact quantity supplied because in the short run, some of the factors of production are fixed. But in the long run, the price elasticity of supply are more elastic.

The other factors listed above in the options affect the price elasticity of demand.

4 0
3 years ago
Help ;-; Just the highlighted
zubka84 [21]
I cant see anything at all and my eyes hurt
7 0
3 years ago
A customer has requested that Lewelling Corporation fill a special order for 2,100 units of product S47 for $26 a unit. While th
RSB [31]

Answer:

Annual Financial advantage $ 550

Explanation:

<u>Computation of income/loss on special order</u>

Unit product costs

Normal product costs                                                                $ 19.20

Incremental variable costs  $ 1.30 per unit                               <u>$  1.30</u>

Total product costs                                                                     $ 20.50

Revenues per unit                                                                       <u>$ 26.00</u>

Profit per unit                                                                               $   5.50

Sales Units                                                                                    2,100 units

Total incremental profit on order                                               $ 11,550

Less; cost of moulds                                                                    <u>$ 11,000</u>

Incremental profit on S 47 order                                                 $    550                                                  

3 0
3 years ago
Read 2 more answers
True or False The best sales organizations: Integrate sales with other business functions. Focus on key strategic issues. Create
PSYCHO15rus [73]

Answer:

The statement is: True.

Explanation:

Sales entities with <em>optimal employee practices</em> are not only in charge of <em>recruiting qualified personnel</em> that could help them reach their profit objectives. Those firms are characterized by<em> involving the sales representatives in activities at all levels of the marketing department.  </em>

From the first day the new hires for the sales department start operations, they are <em>informed about the corporate culture</em> of the company which is likely to be related to customer satisfaction. Also, best sales organizations worry about the <em>salesclerks' skills development</em> by providing them training. All those factors increase <em>workers' commitment </em>to the firm wanting them to keep their job position for long periods.

8 0
3 years ago
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