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
Trava [24]
3 years ago
6

In the labor market, what causes a movement along the demand curve? What causes a shift in the demand curve?

Business
1 answer:
sladkih [1.3K]3 years ago
4 0

Answer and Explanation:

Movement along the demand curve in the labor market occurs when there is any change in wages of labor. An increase in wage rate will lead to decrease in quantity of labor demanded. As a result, demand curve will move upwards and vice versa.

Reasons other that increase or decrease in price such as demand for the respective product, will lead to shift in demand curve. For example, an increase in the demand for a particular good will increase the demand for labor that will produce the product. An increase in demand for labor in this case will shift the demand curve rightwards and vice versa.

You might be interested in
Economic Order Quantity computes:
Mamont248 [21]

Answer:

D: Optimum Order size​

Explanation:

Economic Order Quantity (EOQ) is a formula applied in logistic and supply chain management to calculate a business's ideal order size. As the name suggests, the order EOQ provides an order quantity that makes economic sense.

Economies of scale suggest that a bigger order size is better because the business will save transport costs. However, ordering in large quantities increases the cost of holding stock. The economic order quantity strikes a balance between these two important factors.

7 0
3 years ago
with financial calculator You plan to make five deposits of $1,000 each, one every 6 months, with the first payment being made i
prohojiy [21]

Answer:

FV= $6,308.12

Explanation:

Giving the following information:

Semiannual deposit= $1,000

Number of periods= 6

Interest rate= 4%= 0.04= 0.04/2= 0.02

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= semiannual deposit

FV= {1,000*[(1.02^6) - 1]} / 0.02

FV= $6,308.12

<u>In a financial calculator:</u>

Function: CMPD

Set: End

n= 6

i= 2

PV= 0

PMT= 1,000

FV= solve= 6,308.120963

5 0
3 years ago
In 2018, Alpha Company had $48,000,000 in Sales/Revenues, $15,500,000 in Costs of Goods Sold (COGS), $3,600,000 in Sales, Genera
allochka39001 [22]

Answer:5

Explanation:

6 0
3 years ago
Business applications have moved from transaction processing and monitoring to other activities. Which of the following is NOT o
laila [671]

Answer:

data monitoring                    

Explanation:

Data monitoring refers to the business practice where key business data are constantly monitored against quality assurance rules to ensure that it's always of good quality and complies with previously defined design and accuracy requirements.

Monitoring the data helps a company to constructively maintain high, accurate data quality standard. Through periodically reviewing the data as it is processed inside programs, enterprises may eliminate commodity-intensive information pre-processing before transferring. Software quality is tested with software management at the moment of creation, rather than during a step.

8 0
3 years ago
A tenant's landlord plans to sell the building in which the tenant lives to the state so that a freeway can be built. the tenant
olasank [31]
Gingerfy it’s called gingerly when they tear down broken down buildings
4 0
3 years ago
Other questions:
  • The adjusted trial balance of Blossom Company at December 31, 2019, includes the following accounts: Common Stock $17,200, Divid
    15·1 answer
  • Select the correct text in the passage. Which sentence in the passage shows hazards that an office worker is likely to face? Owe
    12·1 answer
  • Economic growth is _____. the GDP's peak (or highest point), a continual increase in GDP, or the same as GDP
    15·2 answers
  • How do comparative advantage and absolute advantage differ?
    14·1 answer
  • What did Lonnie Johnson work on in the military
    11·1 answer
  • The highest level of LEED certification is _________.
    14·1 answer
  • Several years ago, Cayuga Capital acquired a $1 million insurance policy on the life of its chief executive officer, naming Cayu
    8·1 answer
  • Responsibilities of a company's management in terms of<br> risks include:
    12·1 answer
  • Briefly explain the term market economy​
    11·1 answer
  • All of the following are assumptions of the industrial organization (I/O) model EXCEPT: a. organizational decision makers are as
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!