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Aleks04 [339]
3 years ago
14

An effective minimum wagea. imposes a price ceiling on the wages of various categories of low-skill workers.b. increases the dem

and for low-skill workers.c. makes it easier for low skill workers to find jobs.d. increases the earnings of some low-skill workers while reducing the employment and training opportunities available to others.
Business
1 answer:
Strike441 [17]3 years ago
5 0

Answer:

d. increases the earnings of some low-skill workers while reducing the employment and training opportunities available to others.

Explanation:

Minimum wage is a form of price floor. It is the lowest amount that should be paid to labour for their services rendered. It is usually set by the government or an agency of government.

Minimum wage causes supply of Labour to exceed demand for Labour. Firms would demand less of Labour because of higher cost of Labour. Decreased demand for Labour would increase unemployment.

Minimum wage isn't a price ceiling but a price floor.

Minimum wage increases the income of Labour.

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Mazzeo Co. provided the following information on selected transactions during 2017: Purchase of land by issuing bonds $650,000 P
Snezhnost [94]

Answer:

$150,000

Explanation:

Calculation to determine what The net cash provided (used) by investing activities during 2017 is

Using this formula

The net cash provided (used) by investing activities during 2017 =Proceeds from sale of land -Loans made to affiliated corporations,

Let plug in the formula

The net cash provided (used) by investing activities during 2017=$325,000-$175,000

The net cash provided (used) by investing activities during 2017= $150,000

Therefore The net cash provided (used) by investing activities during 2017 is $150,000

6 0
3 years ago
Specify which fundamental security design principle applies to the control recommendations?
kipiarov [429]

Specifically the fundamental security design principle applies to the control recommendations of the fundamental security principle.

These principles are developed while keeping in mind the security systems  and to prevent damages and flaws. and unwanted access to the system.They are designed by security agencies and homeland security.

Fundamental security has several principles that are implemented in the software which control certain recommendations  in the design itself, which is easy to update and modify the security patterns and specific tasks. These works both in hardware and software applications.

To learn more about security here,

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3 0
2 years ago
Three recent college graduates have formed a partnership and have opened an advertising firm. Their first project consists of ac
AnnZ [28]

The precedence diagram for the problem above is attached. See the definition of a precedence diagram and the probability calculations below.

<h3>What is a precedence Diagram?</h3>

A precedence diagram is an optical or graphical representation tool that displays a project's activities.

<h3>What is the probability of finishing the project by the 24th day or less?</h3>

Recall that:

z = (Specified Time - Path's mean)/Path's Standard Deviation.

Hence for z₂₁

(21 − 20.5)/1.118   = 0.447 ≈ 0.45.

Hence the probability is:   P(Z<0.45) =0.6736

(21 − 21.5)/1.344 = −0.3721 ≈ −0.37

Hence the probability is:  P(Z<-.37) = 0.3557

(21 − 19.5)/.726 = 2.066 ≈ 2.07

Hence the probability is: P(Z<2.07) = 0.9808

Following through on the above, the project will be finished in less than 21 days is given as:

P = 0.23499920921

P ≈ 0.2350

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brainly.com/question/24756209

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5 0
3 years ago
A shift of the demand curve from D 1 to D 2 is called
Whitepunk [10]

Answer:

The correct option is D.

Explanation:

Demand curve is a curve which is depicted in the form of graph and the relationship among the price of a commodity and the quantity of that commodity will be demanded at that price.

Loanable funds are those funds or income of people which they choose to save and lent out instead of using for own consumption.

The demand curve shifts due to change in the price and that causes change in quantity demanded. Shift of demand curve from D1 to D2 means that there is an increase in demand for the loanable funds and this increase is originate from people who have extra income and that they want to lent out.

Therefore, the correct option is D

3 0
3 years ago
Gail Co. has determined the cost of its 12/31/Year 1 inventory on a moving-average basis to be $200,000. Information pertaining
sineoko [7]

Answer:

C) $0

Explanation:

Gail determined that its inventory's worth by using the lower of cost or net realizable value (NRV). All the inventory accounting methods use this valuation method except LIFO or retail.

In this case the NRV of the inventory is the selling price minus selling costs = $215,000 - $10,000 = $205,000, but the inventory's cost is already lower since the average cost is only $200,000. Therefore the inventory's value is reported at its cost, so there is no reason why a write-down should be recognized.

6 0
3 years ago
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