What are the 3 main factors that affect the labor market

1 answer:

6 0

Economy- Macroeconomic conditions affect labor supply and demand. Job losses during a recession mean less disposable income for consumers and less demand for cars.
Globalization-Globalization involves the import of foreign automobiles and relocation of manufacturing facilities overseas. This has led to a steady decline in U.S. automobile-sector employment.
Compensation- Compensation includes wages and benefits. According to an April 2011 U.S. Bureau of Labor Statistics report, there has been upward pressure on wages and downward pressure on benefits.

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4. under rule utilitarianism the notion that if an action increases utility at one particular

Rina8888 [55]

Answer:

Moral decision

Explanation:

Utilitarianism is the notion of ethics that is an action is considered good if it results in the greatest good of all the others. It considers the single action and decided on that basis whether the certain thing is right or wrong. The utility increases at one particular action and when the other action arrives its utility diminishes. It does not show the moral decision that has been taken for the other reasons.

4 0

3 years ago

If you could invent something what would it be

gogolik [260]

Teleporting machine. ...
Cooling beds and pillows in warm nights. ...
Snooze button for kids. ...
Instant cooling machine. ...
Locator for missing things. ...
Robot house help. ...
Dream store. ...

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3 years ago

Sarah's Muffler Shop has one standard muffler that fits a large variety of cars. Sarah wishes to establish a reorder point syste

GarryVolchara [31]

Answer:

Following is the solution for the given problem.

Explanation:

Best order size, EOQ =√2DS/H

EOQ = √2*4700*60/5

EOQ = 336 units.

D = 4700/300 = 15.66.

σ L= √∑σ²

= √3*(5)² = 8.66.

Reorder point, R = D*L+ z σ L

Reorder point, R = 15.66*3 + 1.282*8.66

Reorder point, R = 58 units.

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2 years ago

Which one of the following statements about private goods is true? (WITH EXPLANATION PLEASE)

sergey [27]

C because some people can not afford to buy private goods which leads them to be excluding them from the products a firm makes

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2 years ago

Polaroid’s 3d pen allows users to create 3d models. You can free draw or use the polaroid trace app to trace over stencils and b

hammer [34]

For Polaroid, the addition of the 3D pen to the U.S. market would be viewed as a market development strategy on product-market matrix.

<h3>What is a product-market matrix?</h3>

This refers to a business map that helps the Product Managers to map the strategic market growth of their products. This Matrix was named after Igor Ansoff, who was a a mathematician and business manager who published an essay outlining the matrix in the Harvard Business Review in 1957.

The 4 strategies of Ansoff Matrix (product-market matrix) includes:

market penetration
market development
product development
diversification.

In conclusion, the addition of the 3D pen to the U.S. market would be viewed as a market development strategy on product-market matrix.