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Lesechka [4]
3 years ago
8

A small town has few available workers, and unemployment is low. A family-owned restaurant in town has just had a very good year

in profits and would like to hire additional wait staff to meet higher demand. Based on what you know of how worker earnings are determined, which of the following will most likely happen?. A.The restaurant will post strict education requirements for new hires.. B.The restaurant will offer a lower wage than other comparable businesses in the area.. C.The restaurant will decrease pay for existing workers.. D.The restaurant will offer a higher wage than other comparable bu
Business
1 answer:
stepladder [879]3 years ago
6 0
Since the unemployment is low, hiring people fit for the job is a no easy task. posting stricter requirements narrows the chance even more to hire people. A good strategy here is  <span>D.The restaurant will offer a higher wage than other competitors to attract people who will apply for the job</span>
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liberstina [14]

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why now when people still need help alot of help

Explanation:

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2 years ago
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If the lowest-paid employee earned $15,000 a year, what would the maximum salary be for the highest-paid manager under the 7-to-
romanna [79]

Under the 7-to-1 rule, the maximum salary that would be paid to the highest-paid manager is $105,000.

Data and Calculations:

Lowest-paid employee's annual earnings =$15,000

Maximum-Minimum Salary Rule = 7-to-1

The maximum salary paid to the highest-paid manager = $105,000 ($15,000 x 7).

Thus, the maximum salary paid to the highest-paid manager under the company's 7-to-1 rule is $105,000.

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4 0
2 years ago
A competitive car wash currently hires 4 workers, who together can wash 80 cars per day. The market price of car washes is $5 pe
DENIUS [597]

Answer:

Number of car washed is 92

So option (a) is correct answer

Explanation:

It is given that 4 workers can wash 80 cars per day

Means initially 80 cars are washed per day

And it is given that rate of car wash is $5 per car

Now price of workers is $60 per day

As per car wash is $5

So number of extra car washed =\frac{60}{5}=12

So total number of car washed = 80 + 12 = 92 cars per day

So option (a) is correct answer

7 0
3 years ago
Daphne, a victim of identity theft, can’t currently qualify for a loan but wants to buy her friend’s condo for $90,000. She coul
stiks02 [169]

Answer:

<em>an option agreement. </em>

Explanation:

The <em>option agreement</em> in the arena of financial derivatives <em>is a contract between two parties that gives one party the right, but not the obligation, to buy an asset from the other party or to sell an asset to the other</em>.

It outlines the agreed-upon price and the transaction's future date.

8 0
2 years ago
Oxford, Inc., which uses a process-cost accounting system, began operations on January 1 of the current year. The company incurs
Nookie1986 [14]

Answer:

3,000 physical units in the production

Explanation:

Given that,

Oxford started work on 3,000 units during the period

Units were 70% of the way through manufacturing

Therefore,

Physical units in the production = 3,000 units

Equivalently units of production is as follows:

= 70% of Physical units in the production

= 0.7 × 3,000 units

= 2,100 units

Hence, it would be correct to say that the company has 3,000 physical units in the production.

8 0
3 years ago
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