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emmasim [6.3K]
2 years ago
13

Do you think that a price floor such as a minimum wage will result in a surplus of labor and hence unemployment?

Business
1 answer:
kow [346]2 years ago
7 0
<span>when the price floor of minimum wage is increased ,there will be lot of people to work for the current wages. now there will be a surplus of workers and less work compared to the workers. this will led to unemployment once again.</span>
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The variable overhead spending variance, the fixed overhead spending variance, and the variable overhead efficiency variance can
laila [671]

Answer:

The answer is letter E

Explanation:

The variable overhead spending variance, the fixed overhead spending variance, and the variable overhead efficiency variance can be combined to find the controllable variance

4 0
3 years ago
Block Island TV currently sells large televisions for $380. It has costs of $290. A competitor is bringing a new large televisio
Sergeu [11.5K]

Answer:

$238.18

Explanation:

For calculation of target cost first we need to follow some steps which is shown below:-

Step 1

Operating income before = Sold television - Cost

= $380 - $290

= $90

Step 2

Total operating income = $90 × 120,000

= 10,800,000

Step 3

New sales in units = Target operating income ÷ Increase percentage

= 10,800,000 ÷ (120,000 × 110%)

= 10,800,000 ÷ 132,000

= $81.82

Finally

So, the Target cost = Lower price - New sales in units

= $320 - $81.82

= $238.18

7 0
2 years ago
Which job would require a license or certification?
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Many jobs require a license or certification, such as; doctor, massage therapist, dental hygienist, and a school teacher. All of these jobs require a license or a certification. There are many more jobs that require these things, but I only named a few. :)
8 0
3 years ago
Read 2 more answers
Okay so, I'm doing Financial Literacy and I understand nothing. I would really appreciate any help.
Helen [10]

Answer:

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7 0
2 years ago
Read 2 more answers
Raphael Corporation’s common stock is currently selling on a stock exchange at $157 per share, and its current balance sheet sho
IRINA_888 [86]

Answer:

$85 per share and $35 per share

Explanation:

According to the scenario, computation of the given data are as follow:-

We can calculate the par of shares by using following formula:-

Corporation’s Preferred Stock‘s Par Value is

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= $85,000 ÷ 1,000

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= Common Equity ÷ No. of Common Outstanding Shares  

= $140,000 ÷ 4,000

= $35 per share

 

7 0
3 years ago
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