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3 years ago

A law making labor more expensive will have what impact on the supply curve?

Business

2 answers:

Mkey [24]3 years ago

7 0

A. Shifting to the left

Alex787 [66]3 years ago

3 0

Hey there,

Answer:

B, Shifting to the Right

Hope this helps :D

<em>~Top</em>

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A nondiscriminating monopolist:

max2010maxim [7]

Monopolists do not prefer to produce in the when the demand for a good produced by them is inelastic. Option B is the correct answer.

It is common to observe that monopolists, avoid engaging production when the demand for their product becomes inelastic.
In order to understand this situation, it is important to address the meaning of inelastic demand.
The term 'inelastic demand' refers to a situation where the demand for a product does not increase/decrease (change) when there is an increase/decrease (change) in its price.
This does not lead to profits for a monopolist.
It is because, a firm will be able to secure profits by producing lower amounts of goods for a higher price when the demand is elastic.
Hence, when the demand is inelastic, the increase in the quantity will be sold at the previous standard price, leading to a fall in terms of the total revenue.

Therefore, it is clear that a monopolist will not produce when the demand for a good is inelastic.

Learn more about Demand Elasticity here:

brainly.com/question/5078326

#SPJ10

3 0

2 years ago

What is a common workflow error that can cause duplicate expenses in QuickBooks Online?

kow [346]

Answer:

A common workflow error that can cause duplicate expenses in QuickBooks Online is:

Duplicating any transaction.

Explanation:

The reason behind this is that duplicating transactions is very common because it might originate before the accounting process is made. It can be executed by any manager or someone in the resources acquisitions department. That is why the books have to be reviewed at two different moments from two different departments. Accounting first and then finance. To check that everything is correct.

5 0

3 years ago

Sanders Sporting Goods, an international sporting goods chain, is being sued for sexual harassment by a former Sanders employee.

krek1111 [17]

Answer:

Sanders Sporting Goods Company

The statement that supports the plaintiff's argument that Sanders is liable for sexual harassment is:

C) Sanders lacks a management response system for handling sexual harassment complaints.

Explanation:

A management response system will show that Sanders is not liable for the sexual harassment of this former employee. Sanders must have done what is required before the case gets out of its hand by ensuring that the co-worker and everyone else fully appreciates the company's policy on the issue. For example, it can publish its policy regularly to enable everyone to be on the same page.

7 0

3 years ago

You can borrow and lend at the interest rates of 7.00% in the US and 5.00% in Canada. Based on Interest Rate Parity, the forward

LUCKY_DIMON [66]

Answer:

1.90%

Explanation:

Note that that CAD exchange rate would be in terms of how many US dollars can be exchanged for 1 CAD, which means that the formula for forward premium would be stated in terms of US dollars, I mean the US$ as the numerator and CAD's interest rate would be the denominator

the forward premium for CAD=((1+US interest rate)/(1+Canada interest rate))-1

the forward premium for CAD=((1+7%)/(1+5%))-1

the forward premium for CAD=1.90%

7 0

3 years ago

If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 yea

77julia77 [94]

Answer:

If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 years will be closest to:____________

$7,873.83

Explanation:

a) Data:

Annual investment = $1,600

Interest rate = 14%

Number of period = 4 years

b) Calculations, using an online finance calculator:

FV (Future Value) $7,873.83

PV (Present Value) $4,661.94

N (Number of Periods) 4.000

I/Y (Interest Rate) 14.000%

PMT (Periodic Payment) $1,600.00

Starting Investment $0.00

Total Principal $6,400.00

Total Interest $1,473.83

c) The investment of $1,600 at the end of every year for fours will grow to $7,873.83 with the principal amount of $6,400 ($1,600 * 4) plus compounded interest of $1,473.83.

4 0

3 years ago