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pychu [463]
3 years ago
13

The _________________ argument points out that if an employer reacts to poor business conditions by reducing pay for all workers

, then the best workers, with the best employment alternatives at other firms, are the most likely to leave and the least-attractive workers, with fewer employment alternatives, are more likely to stay. question 1 options:
a.equilibrium wage theory
b.adverse selection of wage cuts
c.employer wage theory
d.efficiency wage theory
Business
1 answer:
Lorico [155]3 years ago
6 0
B. <span>adverse selection of wage cuts

The </span><span>adverse selection of wage cuts is one of the economic theory to explain why wage are less likely to decrease than increase.

Some of this theories revolve around laws and institution: for example, if the firm is paying only a minimum wage to its employees, it is illegal to reduce that wage.

There are other theories that try to identify the factors behind this pattern: one, the adverse selection of wage cuts argument, describe a situation in which if the employer cut all wages in order to meet the poor requests of the market, the employees that are most likely to stay are the less valuable one, as the most valuable will find a new job elsewhere.</span>
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A ________ outlines the duties and responsibilities associated with a job and the working conditions involved.
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2 years ago
Metzler Communications designs and programs a website for a local business. Metzler charges $33,000 for the project, and the loc
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Answer and Explanation:

1. The Journal entry is shown below:-

Notes receivable Dr, $33,000

        To Sales revenue $33,000

(Being sales is recorded)

2. The computation of interest is shown below:-

Interest = $33,000 × 4% × 6 ÷ 12

= $660

3. The Journal entry is shown below:-

Cash Dr, $33,660

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(Being collection of notes receivable is recorded)

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3 years ago
Yuki is part of a sales team. He effectively coordinates his tasks with others in the team and willingly contributes to their ef
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Answer:

d.Level 2

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3 years ago
The steam requirements of a manufacturing facility are being met by a boiler whose rated heat input is 5.5 × 106 Btu/h. The comb
e-lub [12.9K]

Solution:

Given Information,

Heat input is ( Q_{in} ) = 5.5 × 10^{6} Btu/h

Combustion efficiency of the boiler (n_{furnance}) = 0.7

Combustion efficiency after turn up (n_{furnance,now}) = 0.8

Operation Hour (t) = 5200h

Unit cost (c) = \frac{23 dollar}{10^{6}Btu }

Calculate heat output from the boiler  Q_{out} = Q_{in} x n_{furnance}

                                                                      = 5.5 x 10^{6} x 0.7

                                                                      = 3.85 x 10^{6} Btu/h

Calculate the heat input to the boiler after the tune-up

(Q_{in} ){new} = Q_{out} / (n_{furnance} ){new}

               = 3.85 x 10^{6} / 0.8

               = 4.8125  x 10^{6} Btu/h

Calculate the saved energy after the tune-up

(Q_{in} ){saved} = Q_{in} - (Q_{in} ){new}

                 = 5.5 x 10^{6} - 4.8125  x 10^{6} Btu/h

                 = 0.6875  x 10^{6} Btu/h

Calculate the annual energy saving ( E_{Saving} )

E_{Saving} = (Q_{in} ){saved} x t

           = ( 0.6875  x 10^{6} Btu/h ) ( 5200 hr/yr)

           = 3575 x 10^{6} Btu/h

Calculate the annual cost saving

Annual cost saving = E_{Annual saving} x Unit cost

                                = 3575 x 10^{6} Btu/h x \frac{23 dollar}{10^{6}Btu }

                                = 82225

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3 years ago
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