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Leni [432]
3 years ago
14

Why do police officers get paid less than professional baseball players?

Business
1 answer:
Molodets [167]3 years ago
7 0

This comes down to a little economic theory called supply and demand the idea is that if there is a lot of something in the supply is greater than the demand in the price will be low for police officers there are more than enough people is smart enough and fit in rk for that kind of money so the pay and benefits out for police officers tends to drop until the people  you want pay rises until you reach a point where you can just barely keep in recruit the officers you need baseball players bass players are premium level athletes at this level there is always a shortage of the very best players so you have to pay enough to attract the best and keep them all MLAB players are by definition very best and they would be in the minors otherwise so they can  command big money and even bigger salaries are available for the stars of the game!

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In 1974, the price level for Pacifica was 100, the price level for Atlantica was also 100, and in the foreign exchange market 1
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Answer: 0.78 pound mark exchange rate

Explanation:

The Purchasing power parity (PPP) is typically used to make comparison between the currencies of different countries' currencies and also used in comparing their standards of living.

According to PPP, the pound-mark exchange rate in 2003 will be calculated as:

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6 0
2 years ago
Define diverse nation
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The concept of diversity encompasses acceptance and respect. As a nation, we try to understand one's individuality and recognizing one's differences.

Hopes this helped.

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3 years ago
When a company recognizes that the needs of one market segment is not the same as another and accordingly customizes its product
Andrej [43]

Answer:

Focus strategy.

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Recognising that one market segment's needs are different from another one's is the basis for focus strategy. Resources will be used to meet and satisfy the unique needs of a target segment or niche. Involve a particular product line for example children clothing, detergents, lemon juice, children's shoes and so on.

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3 years ago
The conventional payback period ignores the time value of money, and this concerns Green Caterpillar's CFO. He hwas now asked yo
Cerrena [4.2K]

Answer: $‭1,645,379.41‬

Explanation:

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Year 2 discounted cashflow = 4,250,000 / (1 + 10%)² = $3,512,396.69

Year 3 discounted cashflow = 1,750,000/( 1 + 10%)³ = $1,314,800.90

Amount that Discounted Payback period will not recognize is;

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6 0
3 years ago
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Liono4ka [1.6K]

Hello There!

This is a "False Statement" <em>The cost of notions is generally not insignificant part of a garment’s cost</em>

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