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ElenaW [278]
3 years ago
5

1.The percentage of the labor force that belongs to a union is known as the

Business
1 answer:
Helen [10]3 years ago
4 0
1) The percentage of the labor force that belongs to a union is known as the UNIONIZED PERCENTAGE RATIO.

2) The equilibrium wage rate is determined by the point of intersection of labor market supply and labor market demand. Equilibrium wage is the wage where the company agrees to pay and the worker agrees as the value of his work.

3) The effect of union exclusion of nonunion workers is to lower the wages of nonunion workers.

4) A market with one buyer and one seller is a bilateral monopoly. Monopoly is a market with only one seller. Monopsony is a market with only one buyer.
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Cost leadership is a sustainable source of competitive advantage only if no barriers exist that prevent competitors from achievi
krek1111 [17]

Answer: false

Explanation:

The statement is false because cost leadership is not really sustainable as it's cost effective due to the maintenance charge required to keep them in a great care despite the low operational cost being runned by the organization

6 0
3 years ago
During 1970, the "year of the environment," all of the following occurred except _____.
steposvetlana [31]

During 1970, the "year of the environment," all of the following occurred except<u>__the Clean Water Act was enacted_</u><u>[</u><u>enacted</u><u> </u><u>on</u><u> </u><u>1</u><u>9</u><u>7</u><u>2</u><u>]</u><u>.</u><u />

3 0
3 years ago
In 2017, Coronado Industries, issued for $103 per share, 95000 shares of $100 par value convertible preferred stock. One share o
zloy xaker [14]

Answer:

$4,085,000

Explanation:

Given that,

Coronado Industries, issued for $103 per share, 95000 shares of $100 par value convertible preferred stock.

1 share of preferred stock = 3 shares of common stock ($20 par value)

Additional paid in capital:

= Preferred stock - Common stock

= [95,000 shares × $103] - [(95,000 shares × 3 shares) × $20]

= $9,785,000 - (285,000 shares × $20)

= $9,785,000 - $5,700,000

= $4,085,000

6 0
4 years ago
when efficiency is disrupted in pure competition producers will reallocate resources until product supply is such that price wil
Gelneren [198K]

When efficiency is disrupted in pure competition producers will reallocate resources until product supply is such that price will again equal marginal cost.

<h3><u>Explanation:</u></h3>

Marginal cost refers to the cost that is incurred due to the production of additional one unit of any goods or services. It includes all the cost in the production of the extra one unit of the product or services. For instance consider an organisation is planning to build a new machine fore the product of a product and the cost associated with building the new plant will be the marginal cost.

Pure competition market is also called as perfect market. Here there will be a large number of sellers who are the competitors selling a same product. In such a market when the efficiency gets disrupted, then the producers can involve in the reallocation of resources until product supply is such that price will again equal marginal cost.

8 0
4 years ago
Osage Corporation issued 2,000 shares of common stock. Prepare the entry for the issuance under the following assumptions. (Cred
Blababa [14]

Answer:

Osage Corporation

Journal Entries for the Issuance of 2,000 Shares under the following assumptions:

(a) The stock had a par value of $5 per share and was issued for a total of $52,000.

Debit Cash Account $52,000

Credit Common Stock $10,000

Credit Additional Paid-in Capital $42,000

To record the issuance of 2,000 shares of Common Stock, par $5 for a total of $52,000.

(b) The stock had a stated value of $5 per share and was issued for a total of $52,000:

Debit Cash Account $52,000

Credit Common Stock $10,000

Credit Additional Paid-in Capital $42,000

To record the issuance of 2,000 shares of Common Stock, stated value of $5 for a total of $52,000.

(c) The stock had no par or stated value and was issued for a total of $52,000.

Debit Cash Account $52,000

Credit Common Stock $52,000

To record the issuance of 2,000 shares of Common Stock, with no par, for a total of $52,000.

Explanation:

Shares can be issued at par and above the par value.  A stated value is an amount assigned to a corporation's stock for internal accounting purposes when the stock has no par value.  Like par value, stated value is nominal, typically between $0.01 and $1.00.

If no-par value stock does not have a stated value, the entire proceeds from the issuance of the stock become legal capital.

3 0
4 years ago
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