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elena-14-01-66 [18.8K]
11 months ago
14

An individual who previously worked as a salaried corporate attorney loses his or her job. Subsequently, the individual now work

s as an hourly wage employee at a retail store. This individual has experienced which type of social mobility?.
Business
1 answer:
sleet_krkn [62]11 months ago
4 0

This individual has experienced Vertical type of social mobility.

<h3>What is social mobility?</h3>

Individuals, families, homes, and other groups of people migrate within or between social strata in a society, which is referred to as social mobility. It is a shift of social status in relation to one's current social position within a society.

The ability of people to migrate between socioeconomic strata during their lifetime and between generations is referred to as social mobility. [a] Individual results in nations with minimal social mobility are heavily influenced by their beginning point in life.

The link between a person's occupation or income and their parents' occupation or income is referred to as social mobility. There is less social mobility if there is a strong relationship. There is more social mobility where there is a weak connection.

To know more about social mobility follow the link:

brainly.com/question/6493872

#SPJ4

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Soprano Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-run
Nuetrik [128]

Answer:

$850,000

Explanation:

Total Hours of Department 1=$80,000+$90,000

=$170,000/$200,000*1000,0000

8 0
3 years ago
During its first year of operations, mack's plumbing supply co. had sales of $630,000, wrote off $10,100 of accounts as uncollec
Reil [10]
<span>The answer is 516,250 by first calculating expenses (6,500,000-40,000-expenses=590,000), net income = revenue-expenses.</span>
3 0
3 years ago
Which of the expenses listed is a variable expense? A.electricity B.health insurance C.emergency fund D.retirement deduction
rjkz [21]
A) the amount of electricity you use can vary from month to month
8 0
3 years ago
If the amount of variability due to within group differences is equal to the amount of variability due to between group differen
Anna11 [10]

If the amount of variability due to within-group differences is equal to the amount of variability due to between-group differences, your F value will be equal to one (1).

<h3>What is the F value?</h3>

In biology, the F value is a statistic used to estimate the variation level between different groups that can be explained by collected data.

The F value is used to test (either confirm or reject) a given explanation of data, which is known as the null hypothesis.

In conclusion, if the amount of variability due to within-group differences is equal to the amount of variability due to between-group differences, your F value will be equal to one (1).

Learn more about the F value here:

brainly.com/question/24515272

#SPJ1

8 0
2 years ago
Compare the yield to maturity and the current yield. How do you explain this​ relationship?  ​(Select the best​ response.)A.If a
mamaluj [8]

Answer:

A - If a bond sells at a​ discount, the yield to maturity is greater than the current yield

Explanation:

Yield to maturity is the expected return if the bond is held till maturity. Current yiled is the return if the bond is sold today. There is an evident relationship between yield to maturity (TYM) and the current yield.  

“When a bond's market price is above par, which is known as a premium bond, its current yield and YTM are lower than its coupon rate. Conversely, when a bond sells for less than par, which is known as a discount bond, its current yield and YTM are higher than the coupon rate. Only on occasions when a bond sells for its exact par value are all three rates identical” (Bloomenthal, 2020).

According to the above statements, options C, B and D are eliminated. This leaves option A (If a bond sells at a discount, the yield to maturity is greater than the current yield) as the correct answer. This is true because YTM is calculated on purchase price rather than par value, if the purchase price is less than par value, the YTM will be greater than the current yield.  

7 0
3 years ago
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