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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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Barney decides to quit his job as a corporate accountant, which pays $10 890 a month, and goes into business for himself as a ce
mash [69]

Answer:

a. Barney's monthly explicit costs: $161;

b. Barney's monthly implicit costs: $11,816;

c. Barney's monthly economic costs: $11,977

Explanation:

a.

Barney's monthly explicit costs include any costs that he actually paid extra every month as the result from running his business including: cost of office supplies + cost of electricity bill = $71 + $90 = $161

b.

Barney's monthly implicit costs include any cost that he does not actually pay extra, yet he has to sacrifice these income as the results of running his business which includes: Cost related to his salary sacrifice + Cost related to his apartment rental = 10,890 + 926 = $11,816

c. Barney's monthly economic costs = Barney's monthly explicit costs + Barney's monthly implicit costs = $11,977

7 0
3 years ago
Read 2 more answers
If purchasing power parity​ holds, the price level in Turkey is​ 210, and the nominal exchange rate​ (E) = 0.84 Turkish lira ​=
g100num [7]

Answer:

c. 250

Explanation:

Since; Turkish lira ​= 1 Brazilian​ real

and exchange rate​ (E) = 0.84

Considering that Brazil is the home country

The price level in Turkey = 210

∴ Brazil price level = 210 / 0.84 = 250 real

7 0
3 years ago
Butler Corporation is considering the purchase of new equipment costing $84,000. The projected annual after-tax net income from
torisob [31]

Answer:

The net present value of the machine is $5530

Explanation:

Data provided in the question:

Cost of the equipment = $84,000

Annual after-tax net income from the equipment after deducting depreciation = $3,000

Depreciation = $28,000

Useful life = 3 years

Required return on investment = 9% = 0.09

Now,

After-tax cash flow = After-tax net income + Depreciation

= $3,000 + $28,000

= $31,000

Therefore,

Net Present Value = Present value of cash flow - Investment

= ( $31,000 × PVIFA(11%, 3) ) - $84,000

= ( $31,000 × 2.5313 ) - $84,000

= $78470.3 - $84,000

= -$5529.7 ≈ - $5530

hence,

The net present value of the machine is $5530

4 0
3 years ago
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If a person wants to start a business but limit the amount of liability he is responsible for, a _____________ would be most app
vladimir1956 [14]
He is responsible for a sole partnership
3 0
3 years ago
The accounts below all have normal balances.
Daniel [21]

Answer:

its tooooooooooooooooooo length to answer

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3 0
3 years ago
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