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
Lena [83]
3 years ago
5

In a recent speech, the governor of your state announced: "one of the biggest causes of juvenile delinquency in this state is th

e high rate of unemployment among 16 to 19 year olds. the low wages offered by employers in the state have given fewer teenagers the incentive to find summer employment. instead of working all summer, the way we used to, today's teenagers slack off and cause trouble. to address this problem, i propose to raise the state's minimum wage by $1.50 per hour. this will give teens the proper incentive to go out and find meaningful employment when they are not in school." highlight a possible flaw in the governor's reasoning: g
Business
1 answer:
Pepsi [2]3 years ago
6 0
<span>A flaw in the governor's reasoning is that a lot of people in that age bracket who are already juvenile delinquents aren't going to stop doing bad things just because they might get paid more at a job. Those people may just not want to have a job and would rather enjoy their youth causing trouble before they have to "settle" into a career.</span>
You might be interested in
If the economy's real GDP doubles in 9 years, we can rev: 05_30_2018 Multiple Choice not say anything about the average annual r
DiKsa [7]

If the economy's real GDP doubles in 9 years, we can conclude that its average annual rate of growth is 8%.

<h3>How can we determine average annual rate of growth?</h3>

The rule of 72 can be used to determine when the real GDP of an economy would double. In order to determine the doubling time, divide 72 by average annual rate of growth.

average annual rate of growth = 72 / average annual rate of growth

72 / 9 = 8%

To learn more about  real GDP, please check: brainly.com/question/15225458

8 0
2 years ago
Your uncle offers you a choice of $115,0 in 10 years or $52,000 today, if the money is discounted at 9%, which should you do ose
Zarrin [17]

Answer:

1) we would choose the second offer i.e. $52,000 today

2) For A) 10 years at 10%

Future value = $151,405.53

For B) 15 years at 9%

Future value = $278,928.70

Explanation:

1) Future value = $115,000

Time, n = 10 years

Discount rate, r = 9% = 0.09

Now,

Present value of the money provided after 10 years

= Future Value ÷ [ ( 1 + r )ⁿ ]

= $115,000 ÷ [ ( 1 + 0.09 )¹⁰ ]

= $48,577.24

Since,

The Present value of $115,000 is less than the money to offered today i.e $52,000

Hence, we would choose the second offer i.e. $52,000 today

2) Payment per period = $9,500

Future value = Yearly Payment × [ { ( 1 + r ) ⁿ - 1 } ÷ r ]

Thus,

For A) 10 years at 10%

Future value = $9,500 × [ { ( 1 + 0.1 )¹⁰ - 1 } ÷ 0.1 ]

= $151,405.53

For B) 15 years at 9%

Future value = $9,500 × [ { ( 1 + 0.09 )¹⁵ - 1 } ÷ 0.09 ]

= $278,928.70

4 0
3 years ago
Wixis Cabinets makes custom wooden cabinets for high-end stereo systems from specialty woods. The company uses a job-order costi
iren2701 [21]

Answer:

<u>a. $2,673 over applied</u>

Explanation:

a. Remember, it was mentioned that the company's predetermined overhead rate is $81 per hour of bandsaw use, although the actual hours of bandsaw use 153.

Calculating the results we have $2,673 over applied (actual value= $81*153-$15,066).

b. In preparing an income statement all underapplied overhead would be recorded as a prepaid expense on the balance sheet and then corrected through increasing cost of goods sold at the end of the time period.

6 0
3 years ago
Which step is most important for a project to close
Alona [7]
The most important to close project is clean up
4 0
3 years ago
Suppose that the demand for milk in the United States is represented by the following equation, where P is the price of a gallon
Nostrana [21]

Answer:

a.

P = $3.50 per gallon

b.

Equilibrium Quantity = 165 million gallons

Explanation:

a.

The equilibrium price is the price at which Quantity demanded equals quantity supplied. To calculate the equilibrium price using the given equations for demand and supply, we need to equate both equations.

<u>Equilibrium Price (P) calculation</u>

QD = QS

200 - 10P  =  -10 + 50P

200 + 10  =  50P + 10P

210 = 60P

P = 210 / 60

P = $3.50 per gallon

b.

The equilibrium quantity can be calculated by inserting the value of Price (P) in any of the equation for demand or supply.

Equilibrium Quantity = 200 - 10(3.50)

Equilibrium Quantity = 200 - 35

Equilibrium Quantity = 165 million gallons

8 0
3 years ago
Other questions:
  • Joshua is paid the minimum hourly rate for his work as a lifeguard. joshua's compensation is called a ________.
    10·1 answer
  • . How does the deforestation of rain forests impact global markets?. . . Global markets dictate the economy of developing countr
    9·2 answers
  • Elaborate on any three internal factors of Jessops’ Group Limited that can influence its functioning
    15·1 answer
  • Bruno's is considering changing from its current all-equity capital structure to 30 percent debt. There are currently 7,500 shar
    13·1 answer
  • Ryan wants to sell personal website services to American soldiers in Afghanistan. Because of the difficulty of communicating wit
    13·1 answer
  • An inmate escapes from the county prison. there is a $500 reward offered for any information leading to the capture of the inmat
    6·1 answer
  • Which of the following statements accurately describes the statement of cash flows?A) It is the link between net income and earn
    9·1 answer
  • In order to present an accurate picture of the financial health of his company, Bob reported all of the expenses that had been i
    6·1 answer
  • Do internet search enhance our knowledge in animal/fish raising?​
    14·1 answer
  • Which organization delineates job responsibilities and the organizational structure for managing day-to-day operations for all t
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!