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jek_recluse [69]
4 years ago
7

The labor demand curve is downward sloping because as the real wage ________ the amount of labor hired ________.

Business
1 answer:
Alex Ar [27]4 years ago
5 0
As the real wage Increases, the amount of labor hired decreases. 
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ach scenario, decide whether the income effect or the substitution effect dominates for each individual's labor supply decision.
Leni [432]

Answer:

Under the labor provide call, the replacement impact controls financial gain influence once growing the salary proportion will increase the quantity of periods functioned and vice-versa.

Likewise the financial gain impact controls replacement influence once growing the salary proportion declines the quantity of times functioned as a result of the individual is similarly rich as associate to earlier scenario.

Keeping in awareness these descriptions, the actions and therefore the controlled impact is specified below:

  1. It indicates control of replacement impact over financial gain influence.
  2. It indicates control of financial gain impact over replacement influence.
  3. It indicates control of replacement impact over financial gain influence.
  4. It indicates control of financial gain impact over replacement influence.

7 0
3 years ago
Hayduke Corporation reported the following results from the sale of 5,000 units in May: sales $300,000, variable costs $180,000,
dsp73

Answer:

4,444.44 units

Explanation:

For the computation of Number of units to be sold to earn target profit first we need to follow some steps which are shown below:-

Selling price per unit = Sales ÷ Number of units sold

= $300,000 ÷ 5,000

= $60

Variable cost per unit = Total variable cost ÷ Number of units sold

= $180,000 ÷ 5,000

= $36

Increase in selling price = $60 × 5%

= $3

New selling price per unit = $60 + $3

= $63

New contribution margin per unit = New selling price per unit - Variable cost per unit

= $63 - $36

= $27

Number of units to be sold to earn target profit = (Fixed cost + Target profit) ÷ Contribution margin per unit

= ($90,000 + $30,000) ÷ $27

= $120,000 ÷ $27

= 4,444.44 units

4 0
3 years ago
Tots Toys makes a plastic tricycle that is composed of three major components: a handlebar-front wheel-pedal assembly, a seat an
Harrizon [31]

Answer:

LetFM = number of fronts madeSM = number of seats madeWM = number of wheels madeFP = number of fronts purchasedSP = number of seats purchasedWP = number of wheels purchasedMin8FM + 6SM + 1WM + 12FP + 9SP + 3WPs.t.3FM + 4SM + .5WM 5000010FM + 6SM + 2WM 1600002FM + 2SM + .1WM 30000FM + FP 12000SM + SP 12000WM + WP 24000FM, SM, WM, FP, SP, WP 0

7 0
3 years ago
Elementary schools, police departments, and electrical service are typically paid for by .... ?
dedylja [7]
The correct answer is local government! I just took this class :) 
6 0
4 years ago
Write about the ways to maintain a positive body
notka56 [123]

Answer:

Eat Healthy

Maintain a good diet

Meditate

Practice self confidence

Work out

Stay positive

Have a healthy mental state

4 0
4 years ago
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