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bulgar [2K]
4 years ago
14

Analyze the following table. What factor is affecting salaries in this situation

Business
1 answer:
igor_vitrenko [27]4 years ago
8 0

simply demand and supply

To understand the answer it is important to understand the definition of supply and demand in the labor market in any economy. The supply and demand for labor are much like the supply and demand for any other service.  Consistent with the law of demand and supply (as price rises, quantity demanded falls and quantity supplied rises.

In the graph, we can see that the impact of population is also mediated by average salary and salary structure, the higher the number of teachers the lower the salary, because the supply is high, when supply is high, demand decreases, which then affects salary, now looking at athletes population, we can see that the salary is higher, simply because the supply of atheles is low.

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Clyde contracts with Deephole Excavation, Inc., to dig an agricultural pond on his farm. Deephole is to keep the excavated grave
Inessa05 [86]

Answer:

Answer is option b i.e. Discharged.

Explanation:

Discharge of a contract takes place either on completion of a contract or when a contract is terminated due to various reasons like; discharge by mutual agreement, discharge by the impossibility of performance, discharge of contract due to lapse of time, discharge by operation of law, and discharge by breach of contract. Here, in the given case, the contract between Clyde and Deephole Excavation Inc. is discharged by the operation of law as the court has ordered to halt the digging further.

5 0
3 years ago
If an economist is considering swiftly increasing technological changes in an economy, which of the following is MOST likely to
Degger [83]

Answer:

O new goods blas

Explanation:

new products are not included in the index at first, leading the Price to decrease often associated with new technological changes in production does not reflect in the index.

5 0
3 years ago
A produceer plans an outdoor regatta for April 28th. The cost of the regatta is $9,000. This includes advertising, security, pri
dalvyx [7]

Answer:

expected profit  = $6600

Explanation:

given data

cost of the regatta = $9,000

profit = $15,000

probability of rain =  0.35

to find out

the producer's expected profit

solution

we know that expected profit is express as

expected profit = profit if no rain - loss if rain     ..................1

put here value as here

expected profit = profit if no rain - loss if rain

expected profit = (100 - 35 % )  × $15000 -  35% × ($9000)

expected profit  = $6600

8 0
3 years ago
Summit Products, Inc. is interested in producing and selling an improved widget. Market research indicates that customers would
astra-53 [7]

Answer:

$60

Explanation:

For computing the target cost, first we have to determine the profit per unit which is shown below:

= Selling price × return on sales percentage

= $80 × 25%

= $20

Now the target cost would be

= Selling price per unit - profit per unit

= $80 - $20

= $60

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
about how much is present value of a dollar that be paid to you in three years if the interest rate is 5 percenr
matrenka [14]

The present value of a dollar would be calculated as -

1 dollar X Present value factor of $ 1 @ 5 % for three years.

Present value factor of $ 1 @ 5 % for three years = 0.8638

Present value of $ 1 after 3 years = $ 1 X 0.8638 = $ 0.8638

5 0
3 years ago
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