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Inga [223]
4 years ago
7

Explain how a wage increase in a particular industry affects the welfare generated by that industry

Business
1 answer:
Fofino [41]4 years ago
7 0
<span>A wage increase may increase incentives to take jobs, as opposed to methods of transferring funds which are not tied to employment, such as welfare payments for the unemployed.</span>
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The beginning inventory of BG Action Figures is understated by $7 million at December 31, 20x8. What is the effect on 20x8 cost
pogonyaev

Answer:

$7million understated

Explanation:

Based on the information given the effect on 20x8 COST OF GOODS SOLD will be UNDERSTATED by $7 million reasons been that since the OPENING INVENTORY IS UNDERSTATED by $7 million which means that the COST OF GOODS SOLD will as well be UNDERSTATED by the same amount based on the fact that opening inventory adds to Cost of goods sold.

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3 years ago
After customer service representatives are trained, their phone calls are monitored to determine if the CSRs are applying the le
Grace [21]

Answer:

Behavior

Explanation:

The era has been changed most of the customer is shopping online and if they are found defective in the product, the customer always dials a customer care number by resolving their problem.  

For example a customer buys a laptop online and after a few days, customers found hanging issues. Customers will dial a customer care number of that particular brand and get helped from them.

Why the customer is found helped? The simple reason that the executive who represents the brand learns lessons and get trained for behavior and the knowledge of that product from the company. The customer looks behavior of the executive and from this, the customer builds a relationship with a brand.

On the other hand, the calls are being monitored for quality and training purposes.

8 0
4 years ago
When the price level decreases: Group of answer choices The demand for money falls and the interest rate falls Holders of financ
rodikova [14]

Answer:

The answer is A. demand for money falls and the interest rate falls

Explanation:

The demand for money is the amount of money or amount of wealth households or businesses choose to hold in the form of money(cash or cash-equivalent).

When the price level decreases, the purchasing power of consumers increases, so consumers' demand for money will be reduced or lower. The transactional demand for money will be reduced.

Also when price level decreases, interest rate falls. Because the purchasing power of consumers has been increased, the excess money will be kept in banks and the increases the money supply. So with an increase in money supply, interest rate will be reduced to encourage borrowing.

3 0
4 years ago
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China, India and Brazil are some of the largest growing global businesses. These come from many different factors; GDP growth and population are two major causes. China has the largest populations in the world along with the fastest growing GDP percentages.
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4 years ago
Fees associated with buying and finalizing your loan are known as _____.
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Closing cost is the term used to call for a fees associated with buying and finalizing your loan. When you say closing cost meaning you are closing a real estate transaction. From the world itself closing, meaning you are conveying the estate to the buyer.
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3 years ago
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