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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 business’s total revenue for a specified period is $500,000, its operating expenses are $50,000, and its net profit if $150,00
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Answer:

your answer is 300,000

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A sales forecast based on an estimate of total market potential for a specific market and projecting the market share a business
Anna35 [415]

Answer:

The correct answer is: Build-up approach .

Explanation:

The Build-up approach estimates the sales potential of the company by calculating how much of a product could be purchased in a given period by a potential buyer in a specific geographic region. The calculation is then multiplied by the number of potential customers, adding the sum of all the considered geographic areas.

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3 years ago
Owen Company makes a product that sells for $61 per unit. The company pays $37 per unit for the varlable costs of the product an
DerKrebs [107]

Answer:

25%

Explanation:

the formula for the margin of safety is as follows

margin = current sales level -breakeven point/ current sales level x 100

expected sales unit = 20,000 units

the break-even point is fixed costs/contribution margin

fixed costs= $360,000

contribution margin = sales price- variable costs

=61-37

=24

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7 0
3 years ago
A) You observe the following exchange rates in the market.
blagie [28]

Answer: i. €0.11

ii. €1.08

Explanation:

i. If we get 1 krona for every $0.13 then how many krona do we get per dollar?

= 1/0.13

= 7.69 Krona is to $1

If $1 is 7.69 Krona and $1 is also €0.85 then that means that,

€ 0.85 = 7.69 Krona

So for each Krona exchanged, we get how many Euro,

= 0.85/7.69

= 0.11

For each Krona exchanged, we get €0.11

ii. Following the example of the first question,

if £1 is to $1.12 then how many pounds are a dollar?

= 1/1.12

= 0.89

£0.89 is equal to a dollar.

if €1 is to $1.04 then how many euros are a dollar?

= 1/1.04

= 0.96

€0.96 are equal to a dollar.

This means that,

£0.89 = €0.96

So for every British Pound exchanged we get how many Euros?

= 0.96/0.89

= 1.078

= €1.08

For every British pound Exchanged, we get €1.08

6 0
4 years ago
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