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STatiana [176]
3 years ago
12

Certain factors that are probably important in determining wages are nevertheless difficult to measure. consequently, labor econ

omists find those factors difficult to incorporate into their studies of labor markets and wages. those factors include 1. years of experience and job characteristics. 2. effort and natural ability. 3. race and job characteristics. 4. natural ability and years of experience.
Business
1 answer:
andrey2020 [161]3 years ago
4 0
Others include the sex of the individual and collective bargaining of the Unions.
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All of the following are true statements regarding neoliberalism except Group of answer choices the government should not regula
sveta [45]

Answer:

Property should be communally owned and that people should work for the common good

Explanation:

Neoliberalism

This simply entails a shifts in economic control from the government to personal. It reduces the government control so that there is economic growth by favouring free trade and privatization. It is the preference of private control over public. Neoliberalism addresses inflation by creating new monetary policies that reduce or starve inflation.

It is is also defined as the full commitment to individual liberty, and holds the belief of a free market and opposition to state intervention in it. It is often referred to as the "Washington Consensus".

There are four stages of neoliberalism, which are:

1. Classical liberalism

2. Depression era

3. Neoconservatism

4. Neo-Marxian

3 0
3 years ago
Perteet Corporation's relevant range of activity is 6,600 units to 13,000 units. When it produces and sells 9,800 units, its ave
sergij07 [2.7K]

Answer:

Total overhead cost= $43,520

Explanation:

Giving the following information:

Variable manufacturing overhead $ 1.80

Fixed manufacturing overhead $ 3.10

<u>First, we need to calculate the total fixed overhead:</u>

Total fixed overhead= 3.1*9,800 = $30,380

<u>Now, the total overhead cost for 7,300 units:</u>

Total variable overhead= 7,300*1.8= 13,140

Total fixed overhead= 30,380

Total overhead cost= $43,520

4 0
3 years ago
While _____ teams focus on the accomplishment of core operational-level production and service tasks, _____ teams focus on integ
evablogger [386]
I might be wrong but it’s c
8 0
3 years ago
Which of the following statements about oligopoly is FALSE: A. Oligopolies have a tendency to collude and form cartels in order
Rzqust [24]

Answer: D. All of the above statements are true

Explanation:

Oligopolies exist in markets where supply is not saturated so they tend to form cartels where they can collude and charge a higher price to consumers so as to make more profits. Like a monopoly, this would lead to a deadweight loss because the urge to be competitive goes away and the market becomes socially inefficient.

In such a market, some firms will be tempted to break the cartel agreement and charge a lower price so as to gain market share. They stand a good chance of doing so in the short term but the other companies will react by reducing their prices as well which would reduce profits for the whole industry.

3 0
3 years ago
Waterway Industries can produce 100 units of a component part with the following costs: Direct Materials $15800 Direct Labor 690
alisha [4.7K]

Answer:

If the company decides to purchase the parts, its total costs will increase by $3,400, so it should continue to manufacture the part.

Explanation:

current production costs:

direct materials $15,800

Direct labor $6,900

Variable overhead $16,800

Fixed overhead $12,000

total costs = $51,500

if the company can purchase the 100 units form an outside vendor for $47,100 and avoid $4,100, its total costs would be:

purchase price $47,000

fixed overhead = $12,000 - $4,100 = $7,900

total costs = $54,900

If the company decides to purchase the parts, its total costs will increase by $3,400, so it should continue to manufacture the part.

4 0
3 years ago
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