1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sav [38]
2 years ago
10

Which statement is not true about the minimum wage?

Business
2 answers:
Veseljchak [2.6K]2 years ago
6 0

Answer:

<em>The correct answer is the Owners are not required to pay it to foreign workers.</em>

Explanation:

<em>The employers or owners must pay it's workers irrespective of it's nationality.</em>

<em>A minimum wage is the lowest salary that employers can  pay legally to their workers. It is the price floor below which workers may give out their labor.</em>

<em>Towards the end of the 20th century, most countries had introduced minimum wage legislation.</em>

<em>Demand and supply models proposed that there may be employment losses and welfare from minimum wages. however, if the labor market is in a bad state(with only one employer present for  hiring), the efficiency of the market can be increased by minimum wage.</em>

mamaluj [8]2 years ago
4 0

Answer:

Owners are not required to pay it to foreign workers.

Explanation:

Owners must pay it to any worker regardless of its nationality.

You might be interested in
A holiday sales flyer advertised a video game system for a significantly reduced price and
Yanka [14]

Answer: Bait and switch

Explanation:

The type of fraud here is referred to as the bait and switch fraud. This fraud occurs when customers are told about the low prices and quality of a product but aren't available when customers want to purchase such products and they're then given products that are costlier or products that are of lesser quality.

This can be seen in the question when the sales associate advertised the video game system for a reduced price which wasn't available when customers wanted to buy but were offered a game that was costlier.

7 0
2 years ago
Suppose that a person's nominal income rises from $10,000 to $12,000 and the consumer price index rises from 100 to 105. The per
Kazeer [188]

Answer:

C) Rise about 15 percent

Explanation:

The computation of the increase or decrease of real income is shown below:

Initial income equals to

= Nominal income ÷ Consumer price index

= $10,000 ÷ 100

= 100

If it increases, then it would be

= Nominal income ÷ Consumer price index

= $12,000 ÷ 105

= 114.28

So, the real income is increased from

= 114.28 - 100

= 14.28 approx i.e 15 percent

8 0
3 years ago
Evelyn, who owns and operates Eve's Farm &amp; Garden Company, agrees to sell Hill &amp; Dale Produce, Inc., fifty bushels of ap
IrinaK [193]

Answer:

The answer is: A) breached

Explanation:

Evelyn breached her contract with Hill & Dale because she failed to perform her duties. In order for the contract to end, both parties must fulfill their duties or both parties must agree to cancel the contract. Any party involved in a contract can sue for damages, so Hill & Dale are entitled to sue Evelyn for compensatory damages.

5 0
2 years ago
Bhakti was recently promoted to a sales management position. She had been an effective representative, but her strengths and edu
KonstantinChe [14]

Answer:

A is the correct answer.

Explanation:

Sales managers are important for improving a company's revenue. Their job is to create a high-performance sales team and achieve revenue forecasts. Sales managers can improve the quality of their employees. A good manager who gets average salespeople knows how to coach, motivate and advise the salespersons, but for improving the managers would have to know what the salesperson would be doing and what are their traits and abilities job candidates will have to success.

6 0
3 years ago
The following is information for Palmer Co.:
ivanzaharov [21]

Answer:

a.

i. 4.7 times

ii. 77.1 days

b

i. 7 times

ii. 52.1 days

Explanation:

Inventory turnover = cost of goods sold / average inventory

average inventory for 2016 = ( 87,750 + 92,500 ) / 2 = $90,125

Inventory turnover $426,650 / $90,125 = 4.7 times

Days' sales in inventory = 365 / inventory turnover = 77.1 days

for 2017

inventory turnover = cost of goods sold / average inventory

average inventory for 2017 = ( 97,400 + 87,750 ) / 2 = $92,575

Inventory turnover $643,825 / $92,575 = 7.0 times

Days' sales in inventory = 365 / inventory turnover = 52.1 days

8 0
3 years ago
Other questions:
  • I am in a class this year that is similar to a class i took last year. it's not plagiarism if submit the paper i wrote for that
    10·1 answer
  • And currency risks are to key country success factors as land costs and​ ________ are to key region success factors.
    11·1 answer
  • The wage theory that states that differences in wage rates are determined by collective bargaining is the
    15·1 answer
  • EB1.
    10·1 answer
  • What are three alternative types of employment that have become popular?
    6·1 answer
  • In the U.S., how is the deficit different than the national debt?
    11·1 answer
  • The CEO of a business firm wants to increase the productivity of the employees while minimizing the labor costs incurred by the
    6·1 answer
  • As is the case within all service organizations, employees at Wegmans develop a perception of the company’s service practices an
    11·1 answer
  • Carmichael Inc. has a beginning balance in Accounts Receivable of $100,000 at June 1. On June 24, Carmichael sells $20,000 of me
    12·1 answer
  • What does the term “idle time” refer to in performance measurement?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!