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3 years ago

Factors that affect the elasticity of demand for labor include all of these except:

1 answer:

5 0

Since the problem doesn’t give the choices for these questions. I will be giving you the factors that affect the elasticity:

1. Labor costs as percent of total costs – when labor expenses have a high share in total costs then labor demand is more elastic.

2. Easiness and cost of factor substitution – when the firm can substitute rapidly and effortlessly between labor and capital inputs.

3. Price elasticity of demand for the final output produced – if the business is working an extremely competitive market where the final demand of the product is elastic and as a result the demand for labor is more elastic.

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Briefly explain one of the parts of henry clay's proposed american system, a comprehensive plan to bring about economic improvem

Ivanshal [37]

One part of Henry Clay's proposed American system to bring about economic improvement included support for a high tariff, the intent of which was to protect American industries while also generating revenue for the federal government.

3 0

3 years ago

You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $1.25 in divid

Vlad1618 [11]

Answer:

The maximum that should be paid for the stock today is $30.23.

Explanation:

The total return on a stock is made up of dividend received on the stock plus the capital gain received from selling the stock. The holding period is one year that means a 10% return on the amount invested in required for one year. We need to calculate the present value of the total of selling price plus the dividend to calculate the price of the stock today. As 10% return is required, the discount rate is also 10%.

PV = (1.25 + 32) / 1.1

PV = 30.227 rounded off to 30.23

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3 years ago

In microeconomics, the term ___________________ is synonymous with decreasing returns of scale.

allsm [11]

In microeconomics, the term monopoly is synonymous with decreasing returns of scale.

When there are economies of scale in production?

As output increases, the long-run average total cost decreases. The total variable cost of creating five units of output is indicated by the Y-interval between the two curves in the diagram.

Is price and marginal cost equal?

In economics, the practice of setting a product's price to cover the additional expense of producing an additional unit of output is known as marginal cost pricing.
This policy limits the producer's ability to charge for each unit of a product sold to the addition to total cost attributable to materials and direct labor.

Simply put, what is microeconomics?

Microeconomics is the study of how people, households, and businesses make decisions and distribute resources.
It generally pertains to markets for goods and services and addresses both personal and financial concerns.

Learn more about microeconomics

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4 0

2 years ago

Planning practices are different from organization to organization. do you agree? explain

Snowcat [4.5K]

Answer:

yes I agree

Explanation:

because different organizations manufacture or provide different goods and services so it's not possible for them to have the same planning practices take for instance an organization that deals with the provision of food to refugees and an organization that deals with the manufacturing of goods these two organizations will plan differently on how to go about with there businesses.

I hope this helps

5 0

3 years ago

Patents are an example of which of the following?

Kitty [74]

Answer: Option (B) is correct.

Explanation:

Correct option: limited-life intangible assets.

Patents are considered as a intangible assets. Patents are the intellectual property that a owner can use to exclude others from making, selling and coping technology but for a limited number of years.

In most of the nations patent rights fall under the civil law and if a person wants to take benefit of their patent right then he have to sue someone for infringing the patent to enforce his right.

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3 years ago