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Alja [10]
3 years ago
15

If congress increases the minimum wage to $7.25 per hour, what happens to the demand for consumer goods as a result?

Business
2 answers:
KIM [24]3 years ago
8 0

Demand for consumer goods INCREASES.

vaieri [72.5K]3 years ago
8 0

Answer:

Increases

Explanation:

direct proportion

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Bravo company had $5,100 of supplies on hand at the beginning of 2016. on march 31 bravo purchased an additional $12,400 of supp
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Supplies expense is $11,400.00.

Expenses = Beg Inv + Addl Inv - Remaining
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MBO works by objectives moving through the organization; that is, top managers set general organizational objectives, which are
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Answer:

Cascade down.

Explanation:

MBO means Management by Objectives.

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MBO operationalizes the concept of objectives by devising a process by which objectives cascade down through the organization.

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For individual employee, MBO provides specific personal performance objectives.

The cascade down of objectives is:

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4 0
2 years ago
Jon owns a house on an acre of land and can decide how to use these resources. This privilege is called a(n) _____.
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I'm pretty sure it's C. property right
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Bob bought some land costing $16,390. today, that same land is valued at $46,817. How long has bob owned this land if the price
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Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Given that land was bought by Bob for $16390, the price is increasing at the rate of 6%, price of land today is $46817.

We are required to find the time for which Bob need to own the land so that the price of the land is $46817 today.

Compounding means calculating amount on the principal and the amount added interest.

Rate of increasing the price of land be 6%.

Price when Bob bought the land=$16390.

Price of land today=$46817.

It is like compounding of interest and the sum is calculated as under:

S=P*(1+r)^{n}

In the above equation P is theamount at beginning,r is rate of increasing and n is the number of years.

46817=16390(1+0.06)^{n}

46817/16390=(1.06)^{n}

(1.06)^{n}=2.8564

(1.06)^{n}=(1.06)^{18}  (Approximately)

From both the sides we will get n=18.

Hence Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Learn more about compounding at brainly.com/question/2449900

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Early in your first term as President of the United States you faced an economy in the beginnings of a recession. Which of the f
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Letter C I’d go with
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