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IRINA_888 [86]
3 years ago
15

When labor unions successfully bargain for wage rates that are _____ the equilibrium wage rate, they may cause _____. higher tha

n; an increase in structural unemployment equal to; shortages in that labor market lower than; frictional unemployment higher than; shortages in that labor market
Business
1 answer:
Delicious77 [7]3 years ago
3 0

Answer:

When labor unions successfully bargain for wage rates that are HIGHER THAN the equilibrium wage rate, they may cause AN INCREASE IN STRUCTURAL UNEMPLOYMENT.

Explanation:

When a labor union bargains for wages that are above equilibrium rate, this will produce the same effect as a price floor. The supply of labor will increase, while the demand for labor will decrease. This deadweight loss generated by high wages will result in an excess supply that will eventually lead to higher structural unemployment.

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Interview any local business owner and request him/her to identity any business problem that they are experiencing
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I interviewed a local talent management firm's about her business problem that they currently experienced.

Currently, they faced problem from the power of social media. In the past, many artists relied on talent management firm to gain exposure, but today, they can find that exposure through social media. (i.e : youtube, facebook)
7 0
3 years ago
Ed has a summer beach cottage that he has owned for many years. the cottage is valued at $ 75 comma 000. this​ year, ed spends ​
mezya [45]

is this all of the equation?

3 0
3 years ago
Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $100,000 in sales during the seco
nydimaria [60]

Answer:

c) $20,000.

Explanation:

The computation of the estimated ending inventory is shown below:

We know that

Cost of goods sold = Beginning inventory + purchase made - ending inventory

And, the

Sales - gross profit = Cost of goods sold

$100,000 - $100,000 × 30% = Cost of goods sold

So, cost of goods sold would be

= $100,000 - $30,000

= $70,000

Now the ending inventory would be

$70,000 = $18,000 + $72,000 - ending inventory

$70,000 = $90,000  - ending inventory

So, the ending inventory would be

= $90,000 - $70,000

= $20,000

5 0
3 years ago
The market used to calculate the CPI is 3 units of pork and 4 unit of corn. In 2005, pork cost $20 per pound and corn cost $12 p
Ede4ka [16]

Answer:

<em>The answer will be 136.11 </em>

Explanation:

Because since the cost of the basket in 2005 is = (3x20) + (4 x 12) = 108; And the cost of basket in 2006 is = (3x25) + (4 x 18) = 147

To calculate the CPI,

  • <em>Put a sampling of product prices from a previous year. </em>
  • <em>Then, put the current prices of the same items together. </em>
  • <em>Divide the current total prices by the old prices and then subtract the sum by 100.</em>

The Consumer Price Index (CPI) for 2006 = <em>(147/108) x 100 = 136.11</em>

7 0
3 years ago
Croft Corporation produces a single product. Last year, the company had a net operating income of $89,000 using absorption costi
Maksim231197 [3]

Answer:

21,200 units

Explanation:

For determining the sales, first we have to compute the net operating income difference which is shown below:

= Net operating income under absorption costing - Net operating income under variable costing

= $89,000 - $74,600

= $14,400

Now the inventory units increased by

= $14,400 ÷ 12 per unit

= 1,200 units

And, the production units are 22,400

So, the sales would be

= 22,400 units - 1,200 units

= 21,200 units

This is the answer and the same is not provided in the given options

4 0
3 years ago
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