1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
worty [1.4K]
3 years ago
14

As a politician, you would be more inclined to propose an increase in the minimum wage when you believe that the new minimum wag

e would:
Business
1 answer:
densk [106]3 years ago
8 0
Remain below the equilibrium wage and be binding
You might be interested in
Last month a company had net sales revenues of $10,000; Cost of goods sold of $4,000; other operating expenses of $3,000; non-op
Pie

Answer:

The correct answer is B. 6.000

Explanation:

Gross profit only includes Sales Revenues and cost of goods sold. So you have to ignore all others. In this case the solution is given for  Sales Revenues 10.000 -  cost of goods sold 4.000 = Gross profit 6.000. Hope it helps

6 0
3 years ago
This company purchased a truck at a cost of $12,000. The truck has an estimated residual value of $2,000 and an estimated life o
Hoochie [10]

Answer:

Annual depreaciation 2020= $2,400

Explanation:

Giving the following information:

Purchase price= $12,000

Salvage value= $2,000

Useful life= 5 years

<u>To calculate the depreciation expense under the double-declining balance, we need to use the following formula:</u>

Annual depreciation= 2*[(book value)/estimated life (years)]

2019:

Annual depreaciation= 2*[(12,000 - 2,000) / 5]

Annual depreaciation= 4,000

2020:

Annual depreaciation= 2*[(10,000 - 4,000) / 5]

Annual depreaciation= $2,400

8 0
3 years ago
Missionary selling:
Valentin [98]

Missionary selling is often an entry position for higher level sales and marketing jobs.

Option D

<u>Explanation: </u>

An inventive missionary retailer can sell a business two or three times. Missionary sales jobs are often a road to orders.

Missionary selling is a type of sales by which a salesperson advises a person who affects the purchase decision. The purpose is not to end a sale but simply to obtain information from the main decision-maker. It is an indirect sale method.

Missionary employment in scientific, pharmacy and textbook sales is quite common.

Professional companies such as IBM and Xerox depend on missionary vendors for program specialists. Systems specialists collaborate with clients to overcome scientific or organizational challenges. Salespeople tell about innovative items that offer alternatives in the process of finding solutions. A technical expert who advises an organization to minimize its product shipping time may, for example, suggest a software program that simplifies the shipping process.

5 0
3 years ago
How can networking with friends colleagues or members of an organization helping to get to where you want to be
storchak [24]
It gives you a map so that you can find where u are going
3 0
3 years ago
Which of the following production costs, if expressed on a per unit basis, would be most likely to change significantly as the p
Romashka-Z-Leto [24]

Answer:

d. Fixed manufacturing overhead.

Explanation:

As we know that

The variable cost would remain the same in case of per unit while it could be changed in values while the fixed cost would remain the same in case of values but could be changed in per unit

But in case of the fixed manufacturing overhead, if the production level varies so it changes significantly and the direct material + direct labor are the direct cost

So the correct option is d.

3 0
3 years ago
Other questions:
  • In the 2000s, Venezuelan President Hugo Chàvez instituted economic policies that caused smuggling and hoarding of food. What did
    9·2 answers
  • Lenders always accept applications for credit.
    10·2 answers
  • Consider the following information for Maynor Company, which uses a periodic inventory system:
    6·1 answer
  • In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $26,000 and ending
    6·1 answer
  • The Supplies Expense account was debited $1,240 by the Sanford Company for office supplies purchased during the first year of op
    5·1 answer
  • Listen to the NPR news piece about Rachel Carson, the author of A Fable for Tomorrow. You will note that the radio article menti
    10·1 answer
  • Kaitlin works with her clients to increase visibility and use of their websites using
    9·1 answer
  • Suppose the cost per hour incurred in operating a cruise ship is 3a + bv3 dollars per hour, where a and b are positive constants
    5·1 answer
  • What is economic of skill ​
    12·1 answer
  • Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!