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GREYUIT [131]
3 years ago
6

Some part of income inequality is likely to be the result of discrimination. But other factors responsible for inequality includ

e: Differences in abilities and talents. Differences in education and training. Different preferences for work versus leisure. Different preferences for low-paying but safe jobs relative to high-paying but dangerous jobs.
Business
1 answer:
balandron [24]3 years ago
6 0

Answer:

Differences in abilities and talents

Explanation:

Income inequality refers to variation or discrepancy between income levels of individuals. Income inequality arises on various accounts one of which being, difference in abilities and talents.

All individuals possess different skill sets and their efficiencies vary too. Some individuals are more creative and talented than others while some are more laborious and hardworking.

Each skill set has it's own demand and thus, income is fixed as per the demand of a particular skill set for a given sector.

This leads to some earning lot more than others and differences in pay scales as per the abilities individuals possess.

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Answer:

$10,000

Explanation:

A company's income is either shared out as dividends or kept in as retained earnings. Therefore, the total of retained earnings and dividend paid out is the net income. This is the amount that will reflect in the income statement. In other words, income is calculated first before dividends or retained earnings are declared.

For ​Martinville, income will be calculated first before dividends are paid. Net income will be

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