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uysha [10]
3 years ago
15

The asking wage is also known as the "reservation wage" - or the wage rate at which unionized workers are able to find gainful e

mployment in a competitive labor market.
A. TRUE
B. FALSE
Business
1 answer:
LekaFEV [45]3 years ago
6 0

Answer:

B) FALSE

Explanation:

The reservation wage is the lowest wage at which an individual would accept to do a specific type of job.

While the asking wage is the wage level at which an individual will accept or reject any job offer.

The main difference between a reservation wage and an asking wage is that the reservation wage may vary depending on how much an individual likes or dislikes a certain job. For example, if a person dislikes working at night shifts, then the reservation wage for jobs requiring night shifts will be higher than jobs done during regular working hours.

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Explain how the hotel business could create added value to the goods they buy in?
erastovalidia [21]

Answer:

Well-designed rooms, attractive and comfortable appliances, well-dressed and respectful assistants, good quality entertainment equipment, and delightful food made by experienced chefs.

Explanation:

Guests will feel more welcomed to a clean and comfortable hotel. Respectful assistants, good quality entertainment equipment, and food made by experienced chefs can boost the morale of guests.

4 0
3 years ago
The type of shipping paper used in highway transportation is called a
nignag [31]
AWR-160-W WMD paper
3 0
4 years ago
The Internet emerged as a new medium for visualization and brought all the following EXCEPT new forms of a. computation of busin
UkoKoshka [18]

Answer:

The correct answer is letter "A": computation of business logic.

Explanation:

Business Logic refers to a series of algorithms that are the basis of different business software. Business logic implements higher-level algorithms to process workflows and data of organizations to generate an accurate output. The Internet itself did not bring business logic to the surface but the implementation of Information Technology (IT) to business.

4 0
3 years ago
One year ago, JK Mfg. deposited $12,000 in an investment account for the purpose of buying new equipment four years from today.
Lyrx [107]

Answer:

Total FV= $46,008.31

Explanation:

Giving the following information:

Deposit 1= $12,000

Deposit 2= $15,000

Deposit 3= $10,000

Interest rate= 0.055

<u>To calculate the future value, we need to use the following formula on each deposit:</u>

FV= PV*(1+i)^n

FV1= 12,000*(1.055^5)= 15,683.53

FV2= 15,000*(1.055^4)= 18,582.37

FV3= 10,000*(1.055^3)= 11,742.41

Total FV= $46,008.31

4 0
3 years ago
Jenny owns a book company. It costs $10.00 to produce a new book and the company wants a 30% profit, so he charges $13.00 for th
diamong [38]

Answer:

B. Cost-plus pricing.

Explanation:

This is explained to be a cost based pattern or unique strategy which is seen to ensure that costs are been covered in the sense that all pricing variables are seen to add some particular percentage to mark its price. It is seen in most cases is obviously seen to cover all cost of what exactly it is a customer is seen to have loved or valued in the said product.

Certain scenarios has shown that optimization is rare in the discussed topic' way to calculate a price, it shouldn't be your only way of finding price.

7 0
3 years ago
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