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-BARSIC- [3]
3 years ago
12

Dave gets a job at a grocery store, which pays him an hourly wage in exchange for his labor. Dave is participating in __________

.
Business
1 answer:
Slav-nsk [51]3 years ago
3 0

Answer:

The factor market

Explanation:

The factor market refers to buying and selling of factors of production. Factors of production are land, labor, capital, entrepreneurship. Prices of factors of production are determined by interaction of supply and demand forces. By Dave offering his labor, he receives wages as a reward for the factor of production he provides i.e. labor.

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ECONOMICS PLEASE HELP TIMED!!!
maxonik [38]

Answer:

A price Floor

Explanation:

The minimum wage is a price floor. The minimum wage is a price below which you cannot sell labor, and the suppliers of labor exceed the buyers of labor.

3 0
3 years ago
Increasing the amount of insurance coverage on your vehicle is part of which phase of risk management?
KATRIN_1 [288]

The phase of Identifying risks is when we increase the amount of insurance coverage on one's vehicle.

<h3>What is a Risk Management?</h3>

A Risk Management refers to the identification, analysis and response to risk factors that affects a business, entity etc

Thus, the increasing of the amount of insurance coverage is in the phase of Identifying risks because the its leads to coverage of identified additional risk on the vehicle.

Therefore, the Option D is correct.

Read more about Risk Management

<em>brainly.com/question/13760012</em>

8 0
2 years ago
Welfare is a general term for economic and social assistance programs.
faltersainse [42]

Answer:

True

Explanation:

The United States has six major welfare programs: TANF, Medicaid, CHIP, SNAP, EITC, Supplemental Security Income, and housing assistance.

3 0
3 years ago
The degree of a consumer's willingness to adopt new products and services shortly after they have been introduced is known as __
Sphinxa [80]
Consumer innovativeness I think.
4 0
3 years ago
In a statement of cash flows, which of the following would be classified as an investing activity?
Elanso [62]

Answer:

C. The sale of equipment.

Explanation:

Investing activities: It records those activities that include the long-term asset buying and selling. The buying is a cash outflow while the sale is a cash inflow.

The cash outflow decreases the cash balance whereas cash inflow increases the cash balance. So the buying would be shown in a negative sign while the selling is shown in the positive sign

Hence, the correct option is C.

5 0
3 years ago
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